How Retailers Can Fight Inflation by Cutting Freight Costs
Inflation is putting pressure on retailers, but strategic cost management can help protect margins and maintain a competitive edge. This tip sheet offers actionable tactics to optimize your transportation network and control costs effectively.
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Why focus on freight costs in retail?
Combat rising costs
Retailers are facing increased cost pressure. Best-in-class freight management can reduce linehaul rates by up to 8%.
Adapt to changing consumer behavior
With a 49% drop in non-essential spending, cost control and operational agility are critical considerations.
Save with rail shipments
Switching truckload shipments to rail can improve fuel efficiency per load by up to 70%, reducing costs without compromising service.
Ready to protect your margins and gain a competitive edge?
Taking decisive, data-backed action on freight costs ensures your retail operations are prepared for today’s challenges. Download the “How Retailers Can Fight Inflation by Cutting Freight Costs” tip sheet and empower your team with the tools to reduce expenses, enhance agility, and maximize value. Key takeaways:
- Build a robust framework to identify and address inefficiencies, improving overall operations within your freight network.
- Use data-driven strategies to secure better contract terms and maximize cost savings.
- Equip your team with effective methodologies to adapt quickly to volatile transportation markets and shifting consumer demand.
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