Millennium Logistics Management’s Post

🚚 𝐔𝐧𝐥𝐨𝐜𝐤 𝐒𝐚𝐯𝐢𝐧𝐠𝐬 𝐛𝐲 𝐍𝐞𝐠𝐨𝐭𝐢𝐚𝐭𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐂𝐚𝐫𝐫𝐢𝐞𝐫𝐬! Negotiating with carriers is key to optimizing shipping costs and services. Here’s how to get the best rates: ✅ Request Multiple Quotes: Gather quotes from at least three carriers for a clear comparison. ✅ Compare Services: Look at tracking, insurance, and delivery speed to find the best fit. ✅ Use Volume to Your Advantage: Leverage your shipping volume to secure lower rates. Watch the full video for expert tips! https://buff.ly/40gfBRZ 🔍Check out this Shipping Carrier Comparison Guide for more insights! https://buff.ly/48BFmya #eCommerceTips #ShippingSavings #CarrierNegotiation #CostOptimization #Logistics

🚚 𝐔𝐧𝐥𝐨𝐜𝐤 𝐒𝐚𝐯𝐢𝐧𝐠𝐬 𝐛𝐲 𝐍𝐞𝐠𝐨𝐭𝐢𝐚𝐭𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐂𝐚𝐫𝐫𝐢𝐞𝐫𝐬! Negotiating with carriers is key to optimizing shipping costs and services. Here’s how to get the best rates: ✅ Request Multiple Quotes: Gather quotes from at least three carriers for a clear comparison. ✅ Compare Services: Look at tracking, insurance, and delivery speed to find the best fit. ✅ Use Volume to Your Advantage: Leverage your shipping volume to secure lower rates. Watch the full video for expert tips! https://buff.ly/40gfBRZ 🔍Check out this Shipping Carrier Comparison Guide for more insights! https://buff.ly/48BFmya #eCommerceTips #ShippingSavings #CarrierNegotiation #CostOptimization #Logistics

The first step to ensure you’re pricing your shipping services correctly is to determine the factors that influence delivery costs. From the shipping destination to additional services like insurance and even parking fees, there’s so much to consider! We’ve gathered them all for you, along with tips to cut down costs and offer cheaper rates for your customers, in our recent guide: https://lnkd.in/gx3hRd2w #TransVirtual #Shipping #FreightCosts #FreightManagement

Here are the top 10 challenges shippers face with freight brokers, and how we can turn them into opportunities: ~ Communication Gaps: Sure, poor communication can lead to delays, but it also gives us a chance to improve our communication game and build stronger relationships. ~ Service Quality Variability: Inconsistent service? Perfect opportunity to set new standards and wow our clients with top-notch service. ~ Rate Fluctuations: Unexpected costs? Time to get creative with budgeting and find ways to offer more stable pricing. ~ Accountability Issues: When things go wrong, we can step up, take responsibility, and show our clients we’re reliable partners. ~ Limited Carrier Networks: A limited pool of carriers? Let’s expand our network and find new partners to meet all our clients’ needs. ~ Freight Claim Delays: Slow claims? We can streamline the process and make it a breeze for our clients. ~ Freight Classification Errors: Misclassifications? Let’s get our team trained up to avoid costly mistakes. ~ Insurance Confusion: Insurance issues? Time to educate our clients and ensure they’re fully covered. ~ BOL Errors: Incorrect Bill of Lading info? We can double-check details and prevent delays. ~ Transit Time Miscalculations: Inaccurate estimates? Let’s refine our planning and keep those supply chains running smoothly. These challenges highlight the importance of choosing the right freight broker and maintaining clear communication to ensure smooth operations. Stay with on this and next week, we’ll dive deeper into these issues and discuss how HTG can help you improve. Freight agents: does the broker you're currently with have any of these issues? Maybe it's time for a change?.?.?. #FreightBrokerChallenges #LogisticsLife #OpportunityKnocks #KeepOnTruckin

#CIF (Cost, Insurance, and Freight) offers several advantages for sellers in international trade: Control Over Logistics: As seller you manage transportation, insurance, and freight together with companies you know in order to achieve cost savings and ensure quality handling of goods. Market Competitiveness: By handling shipping and insurance, sellers make their products more attractive to buyers, especially those unfamiliar with international logistics, potentially increasing sales and customer satisfaction. Quicker Payments: Sellers can receive payment once the goods are loaded and the necessary documents are provided, improving cash flow and reducing financial risk. With Oceanfreight, the original Bill of Lading might only be provided to buyer after payment. Ensuring payment before delivery. Risk Management: Including insurance in the contract protects goods against loss or damage during transit, safeguarding financial interests and facilitating dispute resolution. Global Reach: Offering comprehensive shipping solutions helps sellers access new markets, diversify their customer base, and mitigate market fluctuations. Overall, CIF enhances operational efficiency, profitability, and fosters stronger buyer relationships. #Incoterms #Shipping #internationaltrade #cargo #Airfreight #Container

🚛 Hey HTG fam! 🚛 We all know the trucking world isn’t without its quirks and challenges. From communication gaps to rate fluctuations, we’ve seen it all. But hey, every challenge is just an opportunity in disguise, right? 💪 Check out our latest post on the top 10 issues shippers face with freight brokers and how we can turn these bumps in the road into smooth sailing. 🌊 Got any wild stories or tips on navigating these challenges? Share your thoughts below! Let’s keep the convo rolling and learn from each other. 🚚💬 #FreightBrokerChallenges #LogisticsLife #OpportunityKnocks #KeepOnTruckin Share your thoughts… 👇

How Shipping Rates Are Determined and How To Avoid Overspending ◾ Typical billing queries often include inquiries about shipping rates, additional fees, tracking information, delivery times, customs charges (int’l shipments), insurance, special handling and surcharges. ◾ There are many factors and some of these include, freight type, package type, mode of transport, size, weight, destination distance and level of service. All are calculated to determine the shipping cost. ◾ There are plenty of variables to consider too, let’s look at weight.. .. Carriers may charge for a minimum weight or have a tiered pricing structure for unit and total weight. They may charge for volumetric weight or actual weight. For example, volumetric weight (or dimensional weight) reflects the space a package occupies in relation to its weight. This ensures fair pricing, incentivises efficient packaging and is a better utilisation of space, especially for lightweight but bulky items. ◾ Knowing and understanding shipping costs is crucial to budgeting, pricing and overall profitability as well as delivering a positive experience for your customers and optimising your business operations. ◾ Knowing and understanding all available carrier services and how they can support your shipping needs and business requirements will help you make the right choices. hashtag#shippingexpert hashtag#shippingadvice hashtag#shippingservices hashtag#shippingrates hashtag#tailoredshippingservice hashtag#optimiseshippingspend hashtag#shippingunderoneroof InXpress South West – 07494060796

In logistics, we know price matters, but seamless delivery is priceless. Enjoy competitive rates and exceptional service with our #AirFreight, #Insurance, #FCL, #lCL #SeaFreight, #LandTransportation, and #CustomsClearance solutions at Sharp Blue. Experience the best of both worlds. #Logistics #Shipping #FreightForwarding #SupplyChain #GlobalTrade #Transportation #Cargo #LogisticsSolutions #Freight #ShippingSolutions #SupplyChainManagement #DeliveryServices #LogisticsManagement #TransportSolutions #EfficientLogistics

DID YOU KNOW… Following two years of major operational costs increases, trucking costs continued to rise across the board in 2023 – despite the recessionary #freight market – though at moderated rates. Excluding fuel, costs rose 6.6 percent in 2023, which was still nearly double the rate of inflation during the same period. Insurance premiums and truck / trailer payments had the highest rate of increase after toll costs. To read more, download #ATRI’s latest Operational Costs of Trucking Update here - https://lnkd.in/g-TS8wt9 #TruckingResearch

🚛🔧 The rising costs of fleet maintenance and repair are creating significant challenges for the trucking industry. According to the latest data from the American Transportation Research Institute (ATRI), the costs associated with repairing and maintaining our trucks have increased by 3.1% in the past year. This continues to be a critical component of overall operational costs, following year-over-year increases of 12% and 18.2% in prior years. As fleet managers, it's more important than ever to focus on strategies that mitigate these rising costs. Proactive maintenance and leveraging new technology to manage breakdowns can all contribute to better cost control.