ProfitTrust Technology automatically obtains refunds for any company using FedEx, UPS & DHL for performance failures and invoicing/billing errors. Our technology also determines if you are entitled to lower rates. All fees are strictly contingent, no savings/refunds for you, no fees for us. Give us a call today.
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750 Lexington Ave
New York, New York 10022, US
Ship small parcel? Reach out to Ross Brenner to get ahead of the BFCM rush.
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ProfitTrust reposted this
Attention parcel shippers! Does your contract have a waiver on the Money Back Guarantee Policy? How do you know how much money you might be losing by having this in place?
❗ ❗ Warning must read closely ❗ ❗ If you are a small parcel shipper both UPS and FedEx like to slip in language like below into contracts without telling you the shipper until it's too late and the contract is signed. SO, what's the big deal? The first statement allows shippers to file for guaranteed service refunds if the carrier is late on delivering the package. The second statement doesn't allow for shippers to file for guaranteed service refunds when carrier is late delivering the package. Why is this important to a shipper? The refund is 100% back what you paid for the shipment and holds the carrier accountable to on time performance for you and your customer. Now the carriers will tell you we will give you a better bigger incentive if you don't file for GSRs or say they are 99% on time but how do you know if that's a good deal for you the shipper? The answer is you don't know. If you want help to figure out that equation message me or Connor Talley, MBA and we will help you get what you deserve. #FULLSTEAMAHEAD #PARCEL #FEDEX #UPS
ProfitTrust reposted this
💸 Lower Your Shipping Costs 💸 This well-known retailer has already saved over $760,000 on their shipping expenses with us in the last 3 years. By using the ProfitTrust parcel management technology, it not only assists them in automating the claims process to avoid manual filing and missed refunds, but also optimizes their parcel agreements to ensure that their tiered discounts and pricing remain market competitive so they ship with the best rates. If you ship small parcel and want to save money without changing your existing accounts, let's connect.
ProfitTrust reposted this
There are less than 2 months until the "Peak Surcharges" kick in this October. Here’s a snapshot of what to expect: FedEx Ground Economy Oct. 28–Nov. 24, 2024: $1.90 per package Nov. 25–Dec. 29, 2024: $3.15 per package Dec. 30, 2024–Jan. 19, 2025: $1.90 per package UPS Surepost Peak Surcharges could soar up to $7.30 per package if your volume hits 400% of their baseline. Don’t let these costs catch you off guard—lets plan ahead to mitigate these price increases!
ProfitTrust reposted this
𝗣𝗿𝗼𝗳𝗶𝘁𝗧𝗿𝘂𝘀𝘁: 𝗧𝗵𝗲 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 𝗦𝘆𝘀𝘁𝗲𝗺 𝗳𝗼𝗿 𝗬𝗼𝘂𝗿 𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴 𝗥𝗲𝗳𝘂𝗻𝗱𝘀 Think about how toll booths used to work. You'd have to slow down, stop, and physically hand over cash or a ticket. It was time-consuming, and those delays added up, especially during busy travel times. Then came the PASSIVE electronic toll collecting systems. Suddenly, you could breeze through without stopping, automatically paying the toll without any extra effort on your part. It revolutionized the way we travel, saving time and making the whole process more efficient. Now, apply that same concept to the parcel audit industry. Manually filing for refunds is like stopping at every toll booth—it’s slow, inefficient, and prone to human error. But automating the claims process is the equivalent of implementing the electronic toll collecting system for your shipping refunds. It’s a game changer, ensuring that every owed refund is automatically applied for without the need for constant oversight. Just as automated toll systems transformed the way we drive, automated refund technology is revolutionizing the way companies handle their shipping costs and recouping owed refunds. For businesses that ship small parcel, making this shift can be the difference between leaving money on the table and maximizing savings seamlessly. #shipping #directtoconsumer #3PL #parcelaudit #shippingrefunds
Small parcel shippers: How much should you be saving? ProfitTrust
𝗛𝗼𝘄 𝗪𝗲 𝗛𝗲𝗹𝗽𝗲𝗱 𝗮 𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗔𝗽𝗽𝗮𝗿𝗲𝗹 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲𝗿 𝗦𝗮𝘃𝗲 𝗢𝘃𝗲𝗿 $𝟱𝟬𝟬,𝟬𝟬𝟬 In 2023, a well-known apparel manufacturer approached us with a huge issue. They lacked an effective claims filing process and had no clear understanding of which shipments were eligible for refunds or how much they were owed. Additionally, they were uncertain if their shipping rates were competitive, as many of their competitors seemed to be spending less on their shipping costs. After onboarding them to the ProfitTrust parcel audit platform, we quickly identified that they were missing out on significant refunds and confirmed that they were overpaying on their shipping rates. Here’s what we accomplished together: 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 𝗖𝗹𝗮𝗶𝗺𝘀 𝗣𝗿𝗼𝗰𝗲𝘀𝘀: Our audit technology now fully automates their claims process, ensuring that every eligible refund is filed and thousands of dollars in credits are successfully recouped. 𝗥𝗮𝘁𝗲 𝗡𝗲𝗴𝗼𝘁𝗶𝗮𝘁𝗶𝗼𝗻 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: By guiding them through a rate negotiation, we saved them a few hundred thousand dollars—all without changing their carrier or account. The results? They’ve significantly improved their margins, lowered their parcel shipping costs, and now have complete confidence in their rates and refund processes. Over $500,000 in savings and counting—a true win-win all around!
ProfitTrust reposted this
When we first partnered with this client, they faced several challenges: • No system for filing refunds with their small parcel carrier • Higher-than-market shipping rates • Uncertainty about whether their pricing was competitive In less than 14 months, we have: • Automated their claims filing process, ensuring they recoup every credit owed • Assisted them in renegotiating their small parcel agreement to secure the best possible pricing • 𝗦𝗮𝘃𝗲𝗱 𝘁𝗵𝗲𝗺 𝗼𝘃𝗲𝗿 $𝟮𝟱𝟬,𝟬𝟬𝟬 If you ship small parcel and are manually filing claims or unsure if you're being overcharged on your rate agreement, reach out. I'm confident we can uncover some significant shipping cost savings for you!
ProfitTrust reposted this
Does your company apply for shipping refunds manually? Are you sure you're capturing every credit owed to you? One of our clients, who ships small parcel, was leaving thousands of dollars with their carriers by not automating their claims process. They onboarded the ProfitTrust shipping audit platform in mid-November and have already saved over $300,000 in refunds alone! That's an average of $44,000 per month. If you ship small parcel and aren't using a parcel auditor like ProfitTrust to automate your claims process, you're likely leaving money on the table—money that belongs to you. Know a VP of Logistics, Director of Operations, or Transportation Manager who ships small parcel? Tag them below so they can start saving money!
ProfitTrust reposted this
Operations, Supply Chain and Logistics for E-Commerce. Working on legend status.
This week has been all about saving money. This one is for my 3PL friends! You're storing, packing, boxing, shipping... each of those things are line items on your invoices to your clients. However, I've seen shipping invoices - LTL, FTL, FedEx, DHL, UPS, USPS - they're so confusing, full of too many details and yet not enough. What are you using to make sure you're passing those costs on correctly in your invoices to clients? Following this waterfall, how are your clients ensuring that they're charging enough for shipping to cover the costs? Enter Capabl and Ahmed Zedan - They can evaluate the entire invoice process and help apply each charge to a specific shipment for a specific client. Combine that with my recommendation yesterday for saving on your shipping accounts with Ross Brenner and ProfitTrust, and you have yourself not just a winning strategy, but a game-changing plan of action. #3PL #shippingcosts #invoicing #Capabl #ProfitTrust
ProfitTrust reposted this
**Important Note for Fedex or UPS Shippers** If your company ships packages overnight using FedEx or UPS, did you know you're eligible for a 100% refund on shipping costs if the delivery is just 60 seconds late? Our technology takes care of the entire refund process for you. The ProfitTrust tech was built to automatically identify these late deliveries and will file for these refund on your behalf. No need for manual claims or added complexity. It's a simple way to save without doing anything.