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September 25, 2020

This Week on Supply Chain Now: September 21st – 25th

Heading right into October (can you believe it’s next week??) with more great interviews, conversations, livestreams, and episodes!   We started the week with a new episode in our Logistics with Purpose series. Pat Plonski joined Scott, Greg, and Enrique to celebrate 50 million books for Africa!     On Tuesday, Scott and Greg welcomed Mike Griswold with Gartner back to the podcast as they discussed the top three things to know in supply chain today and tomorrow.     We published our Supply Chain Buzz on Wednesday, and Scott and Jamin were happy to welcome Sarah Barnes-Humphrey with Let’s Talk Supply Chain to the show!     On Thursday, Greg continued his conversation with Ben Gordon of Cambridge Capital for part two of the interview for TECHquila Sunrise.     And Friday, Scott and Greg were excited to welcome one of their favorite Supply Chain News writers, Emma Cosgrove with Supply Chain Dive, to the podcast!   Which was your favorite episode? Never miss an episode by subscribing to Supply Chain Now! Make sure you tune in next week for more great conversation, timely topics, and exceptional guests.
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…