What did you do to reduce freight costs in your business?

These are few steps You can achieve this:
Consider Cargo Consolidation
Consolidating products from various suppliers to combine shipping, or combining your shipments with other nearby companies to the same retailer, is the best solution for saving shipping costs. Ask for help from your local Chamber of Commerce or your local business organization to find a suitable shipping partner business.
Take smaller shipments, fewer containers / trucks (LCL or LTL) and combine them into larger, full container / truck shipments (FCL or FTL) to reduce shipping costs.
Evaluate Your Mode of Transportation
Sea transport is usually a cheaper option than air, especially for international shipping, while local transport is best sent by train. Evaluate your process, know which products you send and the distance of the trip.
Consider alternative transportation modes or even a combination of modes, if necessary. Turn to look for shipping offers from various transportation providers and value if you can cut costs by using a combination of air, sea and land transportation.
Become a Regular
Get to know your shipping operator and try to build this relationship. Consolidation can give you a regular flow of goods on the same track every day. When your operator knows that he will accept a permanent business, he is likely to market backhaul and provide better service.
Instead of sending an annual RFP to find a new operator, develop a relationship with your current operator. You will be amazed by how much you can save through long-term strategic relationships. Consider signing a long-term contract as a way to lock in a better rate, rather than adjusting it every year with price increases.
Build Your Reputation as an Efficient Loader
The operator builds the price based on the estimated loading time of two hours. If you build a reputation as a fast loader, and they know the pallet will load in less than an hour, this can lead to cost savings.
For operators, this means they can rise faster and serve more customers. In recognition of efficiency gains, they are not only more likely to work with you but will often quote better prices.
Send During Off-Peak Day and Time
Your day and time of delivery have a significant impact on your shipping costs. Adjusting one day earlier or slower, or one or two hours being off peak hours, can cause a substantial reduction.
Consider shipping on holidays such as Friday. Monday is a low volume day to consider when thinking of lowering shipping costs.
Plan Your Packaging Before
Many senders don't realize that packaging accounts for the smallest segment in the shipping supply chain, with less than 10% of each dollar. Transportation, on the other hand, is around 60% of costs, and warehousing is 25%.
Packaging must be designed in advance in the process to adapt to the needs of transportation and warehousing.

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