Tim Debus

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…

Technology is advancing quickly and we all get to experience quick changes in innovation devices. It has become almost impossible today to do any job without using technology. Our lives are greatly influenced by technology, to an extent that from our daily chores at home to our professional jobs and interactions, everything is being affected by technology. What is AI? Artificial Intelligence refers to the ability of an advanced computer to perform operations normally executed by humans. To lay it out plainly, AI has human-like capacities regarding programming, however, it runs on significantly more impressive equipment. In contrast to people, smart machines can deal with huge amounts of information in real-time. AI Spring in Action The last few decades have witnessed the spring of AI. The dramatic surge in AI resulted from its progress in advanced neural networks NNs and genetic algorithms GAs from the ‘60s and ‘70s. For any organization planning to move ahead and succeed, integration of technology in its operation is a must. AI Incorporation Artificial Intelligence is now being incorporated by organizations all across the globe in a variety of ways, from robotizing a part of interacting with customers to deciding upon the products best suited…