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How to Calculate Ecommerce Shipping Costs

Ship Monk

We get a lot of questions from ecommerce businesses about shipping costs — questions about how they’re calculated, how our rates compare to what they’re paying now, what kind of discounts they can expect, and how they can reduce their shipping costs. The more packages you ship, the more negotiating power you have.

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10 Challenges for Shippers in Negotiating Trucking Contracts

FreightWaves SONAR

Transportation analytics is among the most effective tools in trucking contract negotiations. Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. Limited network contacts result in higher costs. Contract language ignores brevity and clarity.

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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

LTL shipping rates would historically depend on freight class and the cost per hundredweight . In the past, calculating freight class depended on the physical weight of an item, as well as what else could be shipped within the same truck to set a cost per hundredweight (CPW). Density plays a role in the form of dimensional pricing.

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What Is a Price Quote?

WorkWave

Time To Read: 2 minutes Looking for a simple solution for price quotes in your field service business? What Is a Price Quote? A price quote, also known as a service quote or a job quote, is a document that outlines the estimated cost and details of services or products to be provided by a field service business to a client.

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Truckload rates: Using data predict and prepare spot vs. contract bids and RFPs

FreightWaves SONAR

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. Data-driven insights provide a rubric for guiding RFP processes.

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Making your carrier sales team as powerful as your customer sales team

FreightWaves SONAR

And Beth Carroll of 3PL Magazine further explained that sentiment, “How hard can it be to develop a commission plan? Should] you just figure out if it should be 5% or 6% [without data]?” That’s why the only way to figure out a real commission plan rests with knowledgeable sales.

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How to Measure Success: KPIs for Inbound Logistics

WorkWave

Importance of Having Effective Inbound and Outbound Logistics Efficiently managing inbound operations can significantly impact a company’s overall performance, cost-effectiveness and customer satisfaction. For more information on how RouteManager can empower your team to tighten your inbound logistics, schedule your free demo today.

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