Five Tips to Lower Your LTL Shipping Cost

Reducing LTL Shipment Costs: 5 Key Steps

The cost of shipping can vary based on a number of factors, including, but not limited to; distance, weight, class, and carrier rates. Being proactive and strategic allows you to identify opportunities to reduce LTL shipping costs and make logistics operations more cost-efficient. Below are several factors that help achieve cost savings:

1. Consolidate shipments: Combining your cargo into a single shipment will reduce the shipment number and lower the overall shipment cost. Take advantage of LTL shipping by lowering inventory for potentially unnecessary freight.
2. Optimize packaging: Use efficient and appropriate packaging to avoid dimensional weight charges. Reducing the size and weight of packages leads to more cost savings. Read more about how to package your shipments here.
3. Improve warehouse efficiency: Streamline your warehouse operations to achieve faster order processing and reduced handling charges.  
4. Implement a transportation management system (TMS): Integrating Koho into your TMS will help you streamline your shipping process and identify cost-saving opportunities. With our customer-specific pricing recommendations, you'll never pay for more than you need. Read more about our API integration, and how it can increase your shipment efficiency, here.
5. Assigning the correct freight class to your shipment: Classifying your shipments correctly ensures accurate pricing and will lower the risk of adbills. When booking with Koho, we will automatically calculate your freight class based on the specifications of your shipment. If you'd like to learn more about freight class, check out our Freight Density Calculator to ensure you have the correct information before you book.

Many other factors can affect your shipping cost; however, with the right information and proper strategy, you can identify cost-saving opportunities within your own supply chain. Contact one of our experts to learn more about how integrating with Koho's system can optimize your logistics strategy and save your business money.