What do you think of when you hear the word expedite? For most people, expedite = expensive.
That’s why they are reserved for only the most important and time-sensitive freight.
But what if there was a way to customize your expedited shipping, walking backwards and step-by-step to find value and make it more economical?
Here’s an example:
Say it’s Friday, and your shipping department needs to get two skids across the country, about 2300 miles, by Monday. You could just hand it off to a large expediter offering a time critical service. A conservative estimate of $1.50 per mile, at 2300 miles, would cost you about $3,450. You decide not to go with the large expediting company.
What’s your next option? Maybe a third-party logistics provider.
A 3PL that is able to walk out the process back to front, finding unique value, can save you a lot of money on expedited shipments. Can the shipment go through a cheaper but timely service such as LTL critical? If so, the standard transit days will significantly cut down the cost. But many times, the reason a shipment is considered expedite is because LTL cannot get it where it needs to be within the given time frame.
If the 3PL is reputable, it will be able to utilize a network of reliable carriers to find the best route for your shipment.
Expedite shipments offer a unique opportunity for “mom & pop” carriers to shine, because their low overhead allows them to charge very competitive rates. The 3PL will supplement with tracking and reporting so shippers don't have to sacrifice up-to-date technology that is typically available through larger expediters.
They truly get the best of both worlds: competitive rates and top-notch technology.
Whether the freight is moved on the ground or in the air, a good 3PL will allow you to track your shipments and manage the logistics process so that you can focus on your business. After customizing an expedited shipment, a provider may be able to save you close to $3,000, depending on the situation.
Summary? The right 3PL can save you time, money and headaches on expedited shipments, so think twice before calling the expediter.