The cost of transporting goods largely depends on logistics. The more smoothly it works, the less cargo gets stuck in transit and requires additional costs. However, there are other secrets on how to reduce the cost of shipping from Korea to US besides choosing the right logistics company.
Tips for Reducing Costs of Shipping
Ship at a High Volume
To maximize the efficiency of transporting goods, it is necessary to consolidate shipping. In this case, you will combine several shipments of goods into one, reducing the cost of transportation. And even in this case, you will have 2 different options to minimize the cost of ocean freight:
- Less-than-Container Load (LCL) allows you to share the cost of a container with other clients of the shipping company.
- Full-container load (FCL) takes approximately 10 days less because cargo consolidation and deconsolidation are not required.
Choose the Right Time of Year
Try to avoid peak times when demand for shipping services is significant. With Korea, this is two months from mid-August to mid-October. Many companies strive to deliver cargo for the holiday shopping season, and therefore, transportation prices are rising.
Negotiate Shipping Rates
Competition in the marketplace provides excellent bargaining opportunities. Study the conditions of different companies but do not rush to agree to the cheapest ones. Perhaps, you will be able to negotiate a better price with a responsible and prestigious company. In such a case, the delivery of cargo will cost the same price as using the services of a little-known and unverified company.
Take Advantage of Discounts
- Some companies offer a discount for booking cargo transportation in advance.
- Others offer to leverage bulk discounts.
- Still a few offer discounts on the use of their warehouse services.
Find out what discounts are currently in effect and try to take advantage of them.
By following these tips, you will deliver your cargo from Korea significantly cheaper. This means that Korea as your trading partner will become an even more profitable option.
