Freight Spend Management

freight optimization

What Is Freight Optimization? Proven Strategies You Can Use

Freight optimization is the process of enhancing efficiency and cutting costs in freight transportation. It involves strategies like freight audits, route planning, and load consolidation to prevent overspending and maximize cost-efficiency without lowering service quality. A streamlined logistics process is crucial for maximizing your profitability. That means you need to spend less on shipping without […]

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Navigating the Freight Claims Process: What You Should Know

What Is a Freight Claim? A freight claim is a formal request for compensation when your shipment is lost, damaged, or delayed while in transit. It’s part of the freight claims process, which is how you recover the value of goods when something goes wrong during shipping. Freight claims protect your bottom line, but the

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Freight Fees Explained: Common Charges & How to Reduce Them

Freight fees are the costs of transporting goods between different locations. These fees depend on factors like the carrier, distance, mode, and package dimensions, which can lead to major price differences between shipments. Freight fees significantly impact your shipping expenses and supply chain efficiency, so it’s important to understand the fees your shipments may incur.

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how to reduce freight costs

How to Reduce Freight Costs Without Hurting Service Quality

Are rising freight costs cutting into your bottom line? Reducing freight fees without compromising on service is essential for your business’s cost efficiency. But, it’s easier said than done. In this guide, we’ll provide you with actionable strategies that any business can use to secure better rates and lower expenses without sacrificing service quality. Key

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8 Freight Audit and Payment Best Practices for Efficiency

Want to make freight audits and payments more efficient? With the right tools, strategies, and partner, you can save time, money, and stress on one of the most important parts of your supply chain. This article outlines the top 8 freight audit and payment best practices to help improve accuracy and streamline your supply chain.

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A Guide to Duty Drawback: How to Recover Import Costs

Duty drawback allows businesses to get refunds on customs duties, taxes, and fees paid on imported goods that they eventually export or destroy. This practice can drastically reduce costs and increase profitability, improving your bottom line.  In this article, we’ll explore what duty drawback is, how it works, and the different types available that can

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