International shipping can be expensive, but there are ways to cut costs in this area. These include using air freight instead of ocean freight, shipping your goods yourself, and third-party insurance. Plus, you can use free packaging and shipping supplies. These can save you a lot of money in the long run.
If you need to ship your goods internationally, you can choose between air freight and ocean freight. The main difference between the two modes is the cost. While air freight costs less than ocean freight, it is still more expensive. However, air freight is faster, meaning that your goods can be delivered within a matter of days.
In-house delivery is cheaper than self-delivery
In-house delivery is a great option for online retailers. This type of FedEx shipping allows a retailer to own the last mile of delivery, including its own fleet of vehicles. It gives the retailer the highest level of control over the entire delivery process. Many online retailers choose this method because third-party service providers are often unreliable or not trustworthy. However, there are a few drawbacks to this method.
Third-party shipping insurance can be cheaper than carrier insurance and is also more reliable in terms of coverage. Companies like ShipEngine offer Shipsurance coverage for as low as 1% of the total value of your shipment. These companies also streamline the claims process and will insure shipments of all sizes. Declared value insurance is important, but it’s important to note that it will only cover the value of your package up to the declared value, so if the value of your package is over $100, you may not be able to claim the full amount.
Free packaging and shipping supplies
FedEx Shipping supplies are a major expense for an online retailer. Fortunately, USPS and FedEx offer free shipping supplies and packaging materials for their customers. Using the right packaging materials for your items will help you reduce shipping costs. In addition, padded shipping supplies like bubble mailers can help you ship non-fragile items.
To reduce the costs of international shipping, shippers must negotiate with multiple carriers to obtain the best rates. The process of negotiating with multiple carriers can be very complex. To avoid making mistakes, logistics teams need to be well-informed about their shipping needs and carrier performance. To do this, logistics managers should use Sifted Logistics Intelligence to analyze their shipping data and understand their business needs. They can also use Sifted to help them with carrier contract negotiations. Many carriers announce General Rate Increases in September/October and January, making Q4 a convenient time to review the new rates and optimize shipping costs.
Outsourcing your manufacturing
While the process of outsourcing manufacturing may be appealing to some businesses, it is crucial to know the costs involved in outsourcing. Depending on the type of product, outsourcing can bring costs down. You can also save money by not having to build a production facility. Moreover, outsourcing can reduce the time it takes to ship a product from the manufacturing location to the shipping destination.
To get started on your next business shipment via FedEx, please head to Neighborhood Parcel at 1215 Main St, Tewksbury MA 01876, or call (978)851-0199. The location is conveniently located near highways 93 and 495. Minutes from Andover, Lowell, Dracut, Billerica, Wilmington, Methuen, Lawrence, and Haverhill MA.