Flexport’s Post

Struggling with the navigating the sea of Less Than Truckload (LTL) shipping rates? In this article, we dive into the challenges and solutions of LTL rate management, from understanding freight consolidation to navigating accessorial charges and fuel surcharges. Discover how modern Transportation Management Systems (TMS) and dynamic freight pricing can simplify and optimize your LTL shipping process. Learn how tools like Averitt Connect and Averitt ExactRate can provide real-time rate comparisons, streamline operations, and enhance decision-making with accurate, market-responsive rates. 🔗 Read the full article to learn more about efficient LTL rate management at: https://lnkd.in/edm7-_kr

Let’s try to put a dollar value on the freight quoting software and explore the areas where digitization can bring substantial benefits. Read in the new post: https://lnkd.in/dh9-iRqz

The global shipping industry transports $6.8 trillion worth of goods annually, or $18.6 billion worth of goods every day. This staggering volume highlights the need for seamless collaboration between manufacturers, suppliers & freight forwarders. A lot of manufacturers face challenges with: Fragmented Systems: Multiple platforms and reporting formats create confusion and delays. Limited Visibility: Gaining real-time insights into shipments can be a challenge. Manual Processes: Increased risk of errors and delays due to manual booking. These issues lead to frustration and inefficiencies. Our use case explores a centralized booking management solution designed to: Streamline communication & quotes: Consolidate everything in one place. Gain real-time visibility: Track shipments easily for informed decisions. Reduce errors & delays: Automate tasks and minimize manual data entry. Download the free use case and discover how to simplify your booking management processes by bringing your suppliers and freight forwarders on one platform- https://lnkd.in/d69XZQNK #logistics #supplychain #freight #bookingmanagement #digitalquotation #manufacturers

Is your logistics team manually creating accruals to estimate monthly freight related costs for your finance team? Our customers have gone from multiple people working for several days to complete their monthly accruals, to being able to complete their accruals in minutes, and with more accuracy, utilizing our Accruals enhancement for the Container Lifecycle Management® platform. Leveraging the most complete, accurate, and lowest latency container tracking data available, the Accruals enhancement can automate the creation of accruals to save time, increase accuracy, and boost confidence in your monthly freight accruals. The Container Lifecycle Management platform is where visibility meets execution. It's where logistics teams operate and do their jobs. Schedule a demo to learn more. #ContainerLifecycleManagement #Logistics #LogisticsTech #SupplyChain #SupplyChainSolutions

🚢 Are you tired of constantly wondering about the whereabouts of your container load? Still relying on manual data retrieval? Good news: Container-level tracking is now a necessity for every TMS available! With just the Bill of Lading (BOL) and Scope, you're all set and you profit from the following 5 benefits: ➡️ Tracking on Container Level  ➡️ Milestone Templates  ➡️ Standard Tracking Plans  ➡️ Container selection in the tab  ➡️ Container Monitor Curious? Discover why container-level tracking is the new foundation of supply chain movements: https://lnkd.in/eqFwrDdS #riegesoftware #digitallogistics #freightforwarding #scope #oceanfreight #tracking 

Sometimes, we need to take a step back and remember how it all started. We've been talking a lot about cool platform enhancements like MyInvoiceHub and Advanced Analytics, but it all started with connecting shippers directly to their carriers for real-time quotes. It was the foundation of everything to come. Before that, SMB shippers were either relying on 3PLs or jumping between multiple carrier websites. In 2021, MyCarrier CEO and cofounder Michael Bookout said, "We didn’t necessarily set out to revolutionize the LTL shipping industry. We simply believed that shippers should have direct access to their carriers, permitting them to enjoy a simpler, more efficient, and less expensive shipping process." That direct access started with quoting and dispatching and quickly extended to live tracking and comprehensive reporting. Today's MyCarrier offers end-to-end automation (including ERP integrations and powerful freight audit tools). But at the heart of it all is real-time quoting across all your carriers - in one view. It's a core capability that still provides value for 30,000 MyCarrier shippers, from businesses of all sizes. Read more about the benefit of real-time quotes across all your established carriers here: https://lnkd.in/g_NMd8NA #LTLquotes #LTL #Shipping #Logistics #SupplyChain #Manufacturing #Freight

The Paradigm Shift: API Connectivity with Shippers Enables Real-Time Rating: How will this benefit you, brokers? 🚛 Faster Rating = More Bids Won Real-time rating means quicker quotes for your customers, leading to more successful bids, increased business, and a healthier bottom line. Say goodbye to outdated info with traditional routing guides! 💰 Competitive Pricing Tailored to You Our rating engine connects to market rates, your shippers, and your capacity network, ensuring customized quotes that reflect your buying power. Win more bids and boost margins where you have the advantage! 🚀 Supercharge Your Reps With instant quotes and minimal input, reps can generate over 1,000 quotes a day! No more calculation hassles - it's all automated. More opportunities to win business and less time spent on busywork! 📦 Streamlined Booking Real-time quotes through an API-connected system mean a simplified booking process. Assign ideal carriers, send rate-cons automatically, and free up your reps to book more loads! Read more about this game changing evolution in our latest blog: https://lnkd.in/gVNyF3sG #Parade #Shipper #FastBidding #Brokers #Technology #freighttech

Freight Forwarders: STOP wasting so much excess time with pricing and operations. Try these tips instead: ✅ Integrate a Rate Management System: Investing in an RMS can help you automate your pricing and quoting process based on various parameters ✅ Offer Customized Pricing Packages: Tailor pricing packages to suit needs of different customer segments ✅ Stay Competitive: Keep a close eye on competitor pricing and market trends ✅ Invest in Software Solutions: Handle all your sales, pricing, operations, tracking, and documentation all in ONE platform Have you tried any of these out? Which one works best for you? #freightforwarder #freightforwarding #logistics #shippinglogistics #ratemanagement #softwarelogistics