Advisory & Solutions
Carrier Contract Review and Analysis
Successful transportation and shipping organizations rely on three key elements: carrier rates, contracts, and relationships. With over 25 years of experience partnering with top service providers across all modes of transportation, we bring our expertise to your business. Carrier rates can be highly volatile, as we experienced record-high costs last year, followed by a significant decrease this year. It's crucial to implement effective strategies to protect your business from rate spikes, while still being positioned to take advantage of lower costs when they occur.
// FREIGHT THINK IN ACTION
An industrial manufacturer engaged Freight Think to conduct a comprehensive review of their freight spend over the past year. After conducting a brief analysis, we were able to identify significant cost-saving opportunities in the following areas:
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Parcel spend: By leveraging their existing carrier, we identified a potential reduction of approximately 30%.
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LTL spend: Through a combination of carrier switching and employee training on carrier service level selection, we identified a potential reduction of approximately 20%.
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Total importation expense: By analyzing both ocean and inland dray expenses, as well as freight forwarding costs, we identified a potential reduction of approximately 15%.