Introduction Over the last few years, the logistics industry has grown by leaps and bounds. The sharp increase in demands have led to a steeper rise in shipping costs. The lockdown during the pandemic have made the situation even worse with many stakeholders and third parties revising their rates based on travel restrictions and strict guidelines. Controlling freight costs is more critical than ever, especially since it directly impacts your profit margins. It often takes a bit of diving deep and figuring out clever strategies to keep costs low and efficiency high. Such strategies often involve figuring out weak points in your supply chain and work backwards to improve them. Sometimes addressing the weak points may involve small alterations to your operation plans. While this might seem overwhelming and counter-intuitive but in the long run, you’ll have a sustainable, long running and efficient business model that is resistant to fluctuations. There are some surefire strategies to get you started and that’s exactly what we’ll discuss below. Eight proven strategies for better profits 1. Its Time to Re-Strategize the Locations of Your Delivery Hubs Before getting to the roads and fleet let’s pause for a while and look at our maps. Logistics thrive on connectivity and the more we are present along […] read more