Top 5 Quick Start

Are you confident that the rates on your top five highest volume lanes are in-line with the market rates?

What if the rates you have in place on these lanes are close, but you were still off by $50? How much would that add up to annually? Lower your freight spend on top five lanes in just one week. Return on investment in as little as one month.

Considering a shipper’s Top 5 lanes, they may be right on target with the top two highest volume lanes, however on lanes 3, 4 and 5 they are paying an average of $50 over the market rate. Below is a chart assuming various monthly volumes on each Top 5 lanes:

In the above example, the truck pay is right on target on the two highest volume lanes. These lanes account for over half the volume of the top five. However, overpaying by just $50 on the remaining volume, accounts for nearly $20,000 in above market rates.

What are the chances that the rates on all of your top five highest volume lanes are on target? For a fraction of the $20,000 example, we can help lower freight spend on top five lanes and ensure they are in-line with the market rates. We do this by conducting a mini-bid with your carriers and perhaps a handful of additional carriers and/or brokers. All in under a week’s timeframe.

If you would like to learn more about how the Top 5 Quick Start could benefit your logistics department, please call 972-954-3388or click here.