Despite the global financial climate, freighting companies are still growing year on year as our demand for foreign manufactured goods shows no sign of subsiding any time soon. Despite this, some companies are performing better than others and will be more likely to weather any downturn in the industry. This is because the big players have some tricks up their sleeves to keep them competitive over other freighting companies.
They will typically have well-established, and crucially, very flexible, trade routes to the key shipping destinations around the globe. They will have strong ties to emerging markets, and be able to use their volume to leverage better prices and deals in their transportation models. They will understand that every company’s shipping needs will be different, so can adapt with speed and agility to offer you the service you need at a competitive price.
On top of all this, the best companies have seamless IT integration to offer 360-degree control of the freight solutions. Through the use of RFID tags or barcode scanning, this means the customer has complete visibility of their consignment over the entire journey. The ability to share real-time information about their deliveries offers a great incentive for most companies as it enables them to give accurate delivery dates to their customers.
The high-performing companies will always be striving to improve the efficiency of their operation, whether this is through freight-sharing, technology upgrades, or simply always looking for a better route or transportation deal. This means that savings can be passed on to their customers as and when they arise, and enable them to always stay ahead of the curve, and develop a loyal customer base.