Freight Invoice Auditing as a Shipper

Less-than-truckload (LTL) shipping is a popular option for manufacturing businesses that need to transport smaller shipments that don't require a full truckload. Less-than-truckload tend to have the most billing errors however TLI finds that they do occur regularly on truckload invoices as well. Managing LTL shipping can be complex and time-consuming, especially when it comes to freight bills because of volatile fuel surcharges and complex accessorial and ensuring that they are accurate. This is where a managed transportation solutions provider can help. 

A third party logistics provider can assist LTL shippers in auditing their freight bills to ensure that they are accurate and free of errors. This can help to mitigate billing disputes and prevent overcharging by carriers. In addition, a logistics solutions provider can help LTL shippers to identify and address any reclasses, reweighs, and accessorial charges that may be present on their freight bills. 

One of the key benefits of partnering with a managed transportation solutions provider is that they have the expertise and experience to accurately audit freight bills and identify any errors or discrepancies. This can save LTL shippers time and money, as well as reducing the risk of disputes with carriers. 

Another advantage of working with a LTL transportation broker is that they can help LTL shippers negotiate better discounts with carriers. TLI combs though the data to see what accessorial and weight breaks are utilized the most to negotiate accordingly. This can result in cost savings for the shipper and improved efficiency in the supply chain. In addition, TLI can provide valuable insights and data analysis to help LTL shippers make informed decisions about their shipping operations. This can include data on shipping volumes, transit times, and carrier performance, as well as information on industry trends and market conditions. 

When choosing a managed logistics provider, it is important for LTL shippers to consider their experience, reputation, and track record. It is also essential to ensure that the provider offers comprehensive managed freight services that can meet the shipper's unique needs.  A comprehensive package must include a state of the art Transportation Management System. 

In conclusion, partnering with a managed transportation solutions provider can be a valuable investment for LTL shippers. By providing expert auditing of freight bills and other services, a managed transportation solutions provider can help LTL shippers to save time, money, and reduce the risk of disputes with carriers.