Tips for Saving Money on Transportation and Freight Shipping

For companies who are trying to market their products all over the world, it is a huge help if they can also save money on fuel charges, transportation cost and shipping expenses. There are some ways on how a company can reduce its shipping expenses and transportation charges while increasing their profit and meeting customer satisfaction all at the same time.

Saving Money on Transportation

If the money you’re spending on shipping has a negative impact on your business, there are perfect ways on how you can save money on transportation and freight shipping.

Tips for Saving Money on Transportation and Freight Shipping

The first tip is to select the most suitable mode of transportation. To be an effective exporter or importer, you must be familiar with the different modes of transportation and which is the best one for you.

Some of the transportation models that are highly available today are ocean vessel, over-the-road trucking, rail, and air shipment.

If you are well-aware of the different options of transportation, it will be easier for you to select a carrier company where you can entrust your goods.

In relation to that, you also need to research the different carrier companies and do a comparison of their prices. In this way, you can be able to check whether you’re dealing with the least costly carrier company or not. It is also nice that you have a lot of options as not all carrier companies are always available.

Be practical with your packaging supplies and materials. If your business is in the retail industry, you can reuse the packaging materials you get from your suppliers. Examples of this include bubble wrap, packing peanuts, and air pillows.

Take note of the weight of your shipment as well. You need to ensure that you will make use of lighter packaging supplies than heavier ones.

Organize your shipment properly. Refrain packing multiple boxes when you can just pack them together in a single cargo. Consolidating your shipment can reduce damages or loss on your goods.

Lastly, hire a freight forwarder. This is one of the most effective methods of reducing your shipping expenses. If you have a reliable freight forwarder, they also have connections with different carrier companies that can negotiate the best rate for the transportation of your products.

Save Money Using Transportation Savings Calculator:

One of the easiest ways for individuals and businesses to save money on transportation and freight shipping is by using a transportation savings calculator offered by online platforms like Calculator.me. Transportation cost savings calculator will help you to consider the best alternative for your transportation mode like Bike, Car, Bus, Train, Plane, Ship, etc. The calculator allows you to calculate all savings options related to one-time transportation or multiple reoccurring transportations and provide you the best cost-saving solution over any number of years. You can also choose the fuel-saving options like Gasoline Method (gasoline cost only) or Mileage Method (average cost per mile) to better understand your fuel budget and make changes accordingly.

Following transportation fuel cost-saving calculators are also available on this platform;
  • Fuel MPG Calculator
  • Gas Budget Calculator
  • Cheaper Fuel Price Savings Calculator

Conclusion:

Aside from this, since freight forwarding companies have logistics knowledge, this information may be shared with you as well. The aforementioned tips about logistics can help you earn more profit and save money on transportation charges and shipping expenses. Following Infographic developed by "Excelsior" will further help you to understand money saving on transportation visually.

Saving Money on Transportation - Infographic

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TechGlobeX: Tips for Saving Money on Transportation and Freight Shipping
Tips for Saving Money on Transportation and Freight Shipping
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