The rates going into and out of a location can drastically differ. In some instances, it may be easy to get a favorable rate going in and very difficult to get a favorable rate going out. If you know that it is unlikely that the rates going out will be profitable, work hard in the...
When negotiating freight rates, it’s essential to understand the factors that impact pricing and how you can leverage them to get a better deal. Consider the following: Volume. Shipping more allows for better rate negotiation with carriers, who benefit from transporting larger quantities...
As shippers continue to face the challenges of capacity shortages, high fuel surcharges and upward pressure on freight rates, many are turning to freight bids to secure consistent capacity and rate stability. There are a host of other variables that are encouraging shippers to move in this ...
How to Build a Shipment in CoyoteGO If, after reviewing all details and conditions, you would like to book your shipment at the quoted rate, you have two options: Click “Build Shipment” to immediately build the load yourself within the CoyoteGO platform. Reach out to your rep and referen...
The freight transportation system is one of the largest industries in the United States, both in terms of scope and economy. According to the U.S. Department of Transportation, freight transportation directly affects more than 44 million jobs in the country, which is nothing to say of the mill...
Common ocean freight terms Types of ocean freight services How to ship using ocean freight How are ocean freight rates calculated? What are the pros and cons of ocean freight? When does it make sense to choose ocean freight? Next steps for importing and exporting overseas ...
Shipping large items overseas can seem like a daunting task. Many senders default to freight forwarding services, believing it's the only cheap option for shipping heavy or oversized items internationally. However, a more efficient and reliable alternative is express shipping with DHL Express....
Therefore: FOB price = (actual purchase cost + various expenses + expected profit) / exchange rate. Various expenses include: inland freight (or trailer fee) from the factory to the export port warehouse, warehousing fees, freight forwarding customs declaration operations and various ports. Miscellan...
For palletized shipments, the dimension the good fits on is used in addition to the weight of the shipment to calculate the shipment’s density. Freight Classification This is probably the trickiest category. Each trucking shipment has a specific classification that impacts the general trucking rate...
Ocean Freight Port of Baltimore Shipping Update: Key Bridge Collapse Fallout Industry Updates The Weekly Freightos Freight Rate Update Market Updates Panama Canal Shipping News: Impact of the Panama Canal DroughtReady to Simplify Your Shipping? Get free quotes and make a booking in a few click...