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April 17, 2025

Navigating Hidden Freight Costs: Taking Control of Unexpected Charges

Blog Post written by Ohad Azgad, CEO of Cinch Logistics leaders must control costs while maintaining service quality, but hidden freight charges often erode profits due to poor visibility. Cinch analyzed over 7,000 line-item charges from 30+ freight forwarders, brokers, and carriers in FMCG and manufacturing, uncovering three major cost drivers: The Frequency-Impact Paradox Frequent charges like fuel surcharges appear in 14.4% of invoices but contribute just 4.2% of hidden costs. In contrast, customs duties—though present in only 5.8% of invoices—account for 52% of hidden costs. Identifying these patterns helps logistics teams focus on impactful cost reductions. Inconsistent Invoice Terminology Charge names like “Fuel Surcharge” vs. “Bunker Adjustment Factor” vary between carriers, reducing cost visibility and negotiation leverage. Standardizing terminology improves tracking, clarity, and vendor negotiations. Hidden Budget Risks: Customs, Duties & On-Carriage Fees Customs duties account for 46% of hidden costs, while on-carriage fees add 26%, despite appearing in only 4.3% of invoices. These charges are often underestimated during quoting, leading to budget overruns. Proactive management prevents unexpected expenses.   Strategies to Optimize Freight Costs Real-Time Data Analytics: Platforms like Cinch provide charge visibility during quoting, improving cost forecasting and negotiation leverage. Standardized Terminology: Consistent charge names enhance cost…
March 19, 2021

This Week on Supply Chain Now: March 15th – 19th

Listen Up! This week was full of thought leadership, industry news, and strategic insights, so make sure to catch all things Supply Chain Now right here!   On Monday, Charles Walker and Enrique Alvarez joined Scott and Greg to talk about Leadership Lessons Learned. Listen up if you’re ready to feel inspired!     On Tuesday, Mike Griswold, VP of Research at Gartner, joined our hosts Scott Luton and Greg White to discuss the top stories, news, and trends in supply chain today.     On Wednesday, Azaleah Davis joined us on the podcast to talk about how she found her way into engineering and biomechanics, the evolutionary journey aspriing leaders have to be willing to take to be their best self, and more!   If you missed Monday’s The Buzz livestream, then check out Thursdays podcast episode of the replay featuring the Lora Cecera, Founder of Supply Chain Insights, as she joins our hosts Scott and Greg to dive into the top news in supplu chain this week plus share her own incredible story and inspirational perspective.   And on Friday, we finished off with a Dial P for Procurement livestream. Tune in as hosts Kelly Barner and Scott…