Amazon’s shipping price is uncertain, how should we deal with it?
Now most people want to know what is going on in international ocean shipping and why ocean freight rates change so fast every day. Day after day the market has turned upside down over the past year, but we still have no way of predicting how ocean freight rates will move.
With rates at all-time highs and the inability to predict exactly when they will drop, bidding for freight contracts is now complex and potentially costly.
- Benchmark freight, adjust the budget
International logistics service providers, like shippers, are full of uncertainty about the future of shipping in the market, which means that cross-border sellers may need to pay higher shipping costs. To ensure sellers get the best price, you need to compare the offers you get with the industry average. There are benchmarking tools on the web where you can compare the quotes you get with the rates other shippers get, so you don’t pay more for shipping than you should. Click here for the latest quote form!
- Compare more service providers
There are many freight forwarding service providers on the market, if you want to ship a shipment, you will go directly to one of your recent service providers and accept their quotation, because you have had a good experience with them in the past? Of course not, you’ll be shopping around to make sure you’re getting the best deal.
Now, when rates are at all-time highs, you need to be vigilant about logistics costs and not settle for the first deal. Shop around and expand your carrier network, which means you can choose rates that suit your logistics needs and regain control of your freight costs. Click here to ask a logistics expert!
- Regularly consult the freight
If you cooperate with a logistics provider for a long time and do not go to the market for regular price enquiries, you may pay an extra freight fee. It is a common practice to cooperate with a freight forwarder for a long time, but it does not mean that the freight forwarder will definitely provide you with the lowest price in the market.
The market situation is one of the information that the seller’s logistics leader needs to grasp. If you are not satisfied with the current price, but cannot negotiate a lower price, you can consult the quotations of other logistics providers through the Internet.
Don’t put eggs in the same basket. This famous saying also applies to freight forwarding. If the goods are only transported to one freight forwarding company, the probability of risk will be higher. If the goods are distributed to different freight forwarders for different flight schedules, sellers can not only reduce risks, but also experience more different services and understand more market conditions. 4. Implement an agile procurement strategy
A McKinsey study found that companies with flexible freight sourcing strategies are extremely resilient to volatile markets, as we are seeing now, and they have lean supply chains that help them stay relatively high. Low shipping cost.
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