3 Ways You Can Cut Transportation Costs
Transportation has long been one of the largest global industries out there. The industry handles taxis, trucks, airplanes, trains, courier services, ships, barges, warehouses and logistics. Basically, if people or goods need to go somewhere, this is the industry that takes care of it. The problem is, transportation and shipping costs affect more than just this industry. Prices rise there, and soon enough, the increase trickles down to the consumers. So how can you safely cut costs while maintaining the quality you currently have? Read on for three ways you can not only cut costs, but improve your business as well!
The first thing you should do is find a company to work with that can multitask. This means being able to find the best fuel prices, the best transportation software, and even the best truckload brokers, all at once. Being able to roll all of these functions into one will save you both time and money. In addition, having a company who knows how to get you the best fuel prices will be a huge asset.
Take part in green initiatives as much as you can. More often than not, the programs are designed to help both the business and the environment. Try only shipping when you have a full truckload, or charge consumers more for an overnight delivery. You’ll cut down costs on your end, while helping the environment at the same time.
Did you know that traffic delays cost the American economy over $121 billion and wasted 2.9 billion gallons of gas according to research done by Texas AandM University?s Texas Transportation Institute? If this is something that consistently happens with whatever mode of shipping you choose to use, you should look into alternative methods. There are plenty of ways to get products from start to finish, so don’t feel like you need to stick with just one! This is one of the best ways to reduce freight cost.
Will you use any of these tips to cut down your costs? Which one was the most helpful to you?