How To Manage Freight Fuel Surcharges
Shippers of all sizes are constantly analyzing their expenditure and freight rates to protect their bottom line and save money. One fluctuating cost hike they battle throughout the year is freight fuel surcharge increases. Shippers can't avoid these charges, but there are strategic ways to offset the costs and reduce spending.
5 Strategies To Offset Increased Fuel Surcharge Rates
Worldwide Express is an industry-leading third-party logistics (3PL) provider that helps thousands of companies with their freight shipping solutions — that includes building strategies that cut costs. In our guide, How To Manage Freight Fuel Surcharges, we dive into five ways shippers can combat fuel rate hikes and protect their bottom line. The cost-saving measures we focus on are:
- Strategically selecting carrier partners
- Diversifying your shipping modes for example considering multimodal or intermodal
- Reducing your number of shipments
- Reevaluating your supply chain
- Conducting a freight bill audit for greater visibility
We break down each of these freight fuel surcharge solutions and discuss why each is important to you as a shipper. We also provide tips on how to navigate these strategies for optimal outcomes.
Worldwide Express Can Help Manage Freight Fuel Surcharge Increases
Worldwide Express provides 3PL services built on our 30 years of experience in the freight shipping industry. That includes top less-than-truckload (LTL), full truckload (FTL) and even volume LTL and partial FTL freight solutions, along with innovative technology and dedicated account support.
Download our How To Manage Freight Fuel Surcharges Guide to learn how you can save money on rising fuel rates. If you are ready to speak to an expert, reach out for a free consultation today.
