Saving money on logistics is important for most businesses that have regular shipping needs. Getting your products to market or otherwise to an intended destination can cost a modest fortune, and this can dramatically eat away at your profit margin. Whether you use trucking companies for your logistical needs or you currently use other methods for shipment, consider how these money-saving tips could benefit your business.
1. Choose the Right Shipment Method
Trucking companies usually offer shipping services with ground transportation only. This is often a very affordable method, but it can be rather slow in some cases. Another type of transportation company may offer air, boat or rail services. Remember that boat and air services may also be used for national shipping needs and are not only used for international shipments. If you have some flexibility with regards to how your products are shipped, you could save money on logistics.
2. Compare Rates From Multiple Companies
It is wise to compare rates for freight services or other logistical services thoroughly. While you understandably want to work with a reputable company that has a dependable delivery schedule, you should not leave any stone unturned when it comes to saving money in this major area. It can be challenging to change service providers, so look for a logistics or freight services company that meets your current and potentially future needs. In some cases, working with a lesser known company that is trying to get established may provide you with substantial savings and may not affect your delivery schedule.
3. Consider International Service Providers
The thought of using a Canadian trucking company or another international service provider if you only have domestic manufacturing or production locations can seem unwise. However, you can always use a local provider to get your goods to Canada or to another country. Then, you can take advantage of potentially lower rates and better service that may be available from international service providers. This option simply opens your options up to more service providers that may be more cost-effective to use.
4. Examine Rates for Different Sizes of Shipments
Some transportation companies offer better rates for larger shipments on a per pound or per cubic foot basis. In some cases, it is not feasible to ship more products at the same time than you are currently shipping. However, if you have some flexibility in this area, you could potentially save money.
Each company has unique shipping needs. Everything from the pickup and delivery destinations to the size of the shipment, special handling instructions and more may be unique. With this in mind, you may need to conduct thorough research and apply creative thinking skills to find the most cost-effective shipping solution available. You might be interested in learning more at the Fortigo Freight Services website.