How to reduce freight costs is a crucial question for any business that relies on shipping products to customers or moving raw materials to their facilities. According to the United States Department of Transportation (DOT), transportation costs can account for nearly 40% of a company’s total logistics costs. This means that reducing freight costs can significantly impact a company’s bottom line. Here are 12 strategies businesses can use to minimize freight costs and improve profitability.
Freight transport refers to moving goods from the point of origin to their final destination. It is a complex logistical operation that relies on strategic planning and execution to ensure cargo arrives safely and on time. Freight transport must also be highly efficient to make it affordable for businesses. Many businesses use professional freight forwarders to manage importing, exporting, and product distribution. These freight services specialize in transportation and help reduce freight shipping costs for