Freight Rate Management
Freight Rate Management is a CargoWise feature that allows logistics professionals to save and apply pre-negotiated freight rates for shipments. This system is critical for ensuring that consumer tariffs reflect the best possible terms and conditions, as determined by agreements with carriers or service providers. Businesses that automate the application of these rates can decrease manual errors, increase efficiency, and maintain billing uniformity across all shipments.
This technology enables businesses to track and manage various transportation rates, such as air, sea, and land freight. It also provides visibility into previous freight rates, allowing firms to analyze pricing trends and negotiate better arrangements with carriers. Freight rate management lowers administrative costs, speeds up quoting procedures, and ensures that freight charges are accurately reflected on invoices. Finally, it enhances operational efficiency and customer happiness by delivering transparent and dependable rate information.