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10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

GlobalTranz

We've negotiated rates with all the major carriers and maintained them. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips. Analyze bids for optimal pricing and service scenarios.

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Understanding the Capacity Effects of the ELD Mandate

Blue Grace Logistics

with one or two trucks, so they wanted to adjust the playing field in this market space and be price competitive.” . With the ELD-mandate changing business dynamics many carriers have made it their goal to minimize cost in order to reduce rates to stay competitive, but that’s only one piece of the puzzle. .

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[INFOGRAPHIC] Mastering Carrier Invoice Freight Auditing for a Healthy Bottom Line

GlobalTranz

Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. As a consequence of rising freight costs, an increasing number of organizations has been more proactive in controlling freight cost and have outsourced the freight auditing process to freight audit specialists.

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What is Fleet Management | A Complete Overview Guide

Conger

MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings. Data Analytics This involves the collection of data reports from various fleet performance metrics, such as vehicle utilization, fuel consumption, and maintenance costs.

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8 Action Items Shippers Can Take to Minimize the Cost Effects of DIM Pricing for Less-Than-Truckload Shipping

GlobalTranz

The latest industry-pricing trend, dimensional weight pricing, or often referred as “DIM Pricing,” calls for LTL freight cost calculations using pounds per cubic foot of space occupied on the truck. Both UPS and FedEx recently announced dimension-weight pricing plans for parcel/small packages effective Dec.

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Evaluating Shipper Needs & Carrier Options: LTL Freight Shipping vs. Parcel Hundredweight Programs

GlobalTranz

Instead of choosing strict parcel or less than truckload , shippers have the option of these programs to keep costs down. Shippers may consider dimensional pricing models versus freight weight package rates before choosing parcel shipping. LTL Costs May Be Excluded from Parcel-Based Incentives.

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13 Small Package Shipping or Parcel Shipping Best Practices

GlobalTranz

According to Jeff Berman of Logistics Management, 71 percent of shippers believe the greatest focus for small package shipping is cutting costs. Yet, shippers can reduce costs in small package shipping by following these best practices. Yet, shippers can reduce costs in small package shipping by following these best practices.