6 Ways to Minimize Your Truckload Logistics Shipping Expenses

Making profits is at the core of every business. Reducing costs as much as possible is one way to maximize the company’s profitability.

One area where you are likely to incur significant expenses is in the transportation of heavy machinery. Statistics reveal that motorized vehicles, machinery, and electronics are the most commonly moved commodities by the U.S. freight transportation system.

Truckload logistics can increase your overall cost of production, which means you would have to increase the price of your final product.

Here are some ways to prevent this ripple effect by minimizing the cost of shipping heavy machinery.

1. Reduce Damages by Securing the Product

You do not want to incur more costs in the form of damages as your shipment is in transit. Ensure that you fit the machinery snugly into custom-made crates and boxes. Try to consolidate the shipment to as few pallets as possible. It eliminates movement, which can result in damage.

2. Minimize the Dimensions of Your Shipment

Besides reducing the movement of your machinery, minimizing the space your shipment takes helps reduce the overall cost. LTL freight rates will usually depend on the weight and dimensions of the shipment, including the packaging. Ensure that the weight and dimensions recorded are accurate; a mistake could cost you a lot.

3. Check their Liability Coverage

The right truckload logistics company will offer carrier liability coverage. It will help protect you from the loss that occurs from such damages. You should also always have a thorough look at your shipment upon arrival and immediately raise any issues you may have.

4. Fill the Forms Accurately

Regardless of the transportation service you are receiving from the logistics company, the details on the bill of lading forms need to be accurate. Offering wrong information to save on costs can lead you to pay more in the form of penalties. Ensure your workers are aware of the rules for making declarations.

5. Proper Timing

Although you cannot accurately predict when you will need to make use of truckload logistics, avoid shipping during the holiday period or in extreme weather seasons. Such periods could have you paying more than the standard freight rates. Harsh weather conditions could result in delayed shipment orders, and consequently, production delays.

6. Compare Offers

Different companies in the logistics industry will offer different prices for industrial machinery transport services. Get quotes from various companies and compare the prices to the services provided. However, keep in mind that the lowest price does not always mean the best services.

Hiring the wrong transportation company could be costly in the long run.

Here are some factors to consider when choosing a logistics provider for your business.

• What Services do they Offer?

Just because you are currently in need of transporting heavy machinery does not mean your focus should be on truckload logistics only. Check if the company offers a variety of services such as aerospace logistics services, expedited freight services, specialty freight services, or intermodal shipping. You could need these services in the future.

• Safety Record

In addition to your endeavors to ensure the safety of your shipment, you require a logistics provider who demonstrates equivalent commitment. It's essential that they have a good track record in arranging the transport of their customers' goods.

• Use of Latest Technology

With the continuous growth of technology, it is only right that the logistics company automates most processes. Utilizing the latest technology helps ensure that the services delivered are top-notch.