Guaranteed Ways To Reduce Your Additional Freight Charge
Jun 13, 2022 | Amelyah Roach
1) Take advantage of Incoterms
Incoterms give you the freedom to divide the costs of shipping, among other things, between the seller and buyer. By using these predefined terms in trade agreements, costs can be negotiated in your favour, whereby shipping costs are passed onto the other party.
2) Optimize packaging
Optimizing the space provided when shipping allows you to make the most of money spent on freight as well as ship more product less often. For example packaging that is less dense and more flexible allows for more products to be shipped as well as helps to reduce freight costs as less effort and time is spent loading and unloading the goods and handling and storage of goods is less complex.
3) Be knowledgable
In the area of e-commerce especially, it's a good practice to be knowledgable of all freight options available to you. This allows you to leverage the most compatible freight option that ensures that you capitalize on an affordable rate for shipping that makes sense for both your product and final destination.
4) Utilize consolidated shipping options
A highly cost efficient way of shipping, consolidated shipping can especially be beneficial to business owners who regularly ship small products, allowing them to utilize empty spaces among other packages, at a reduced price.
5) Ship More, less often
Although, in the face of demand from customers or retailers this option may not be the most appealing, shipping more product less frequently has been proven to significantly reduce freight costs as well as reduce negative impact to the environment.
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