Carrier Contract Management Services
If you don’t know the difference between a Transportation Contract and a Pricing Agreement, you are likely paying too much for transportation and logistics services.
While you may think you’ve signed a Transportation Contract with your freight carrier, in fact, all you may have is a Pricing Agreement. A Pricing Agreement gives the freight carrier the authority to change not only the terms but also the freight rates at any time without your approval.
Freight carriers each year give themselves a 6%-7% raise in the form of price increases, which they call “General Rate Increases.” They do offer discounts, but it takes an expert to know which carrier rates and discounts can be negotiated.
Without a carrier contract, you’re missing out on the opportunity to not only get improved rates, but to lock in those price reductions for the duration of the contract term.
Call 516-822-1183 today to learn more about our Contract Management Services and how we can save you money.
A Carrier Contract that benefits you!
ICC recommends that all logistics and transportation services be performed under contract, regardless of the transportation mode, carrier, or logistics service provider. We perform carrier contract negotiations to create Transportation Contracts that maximize your profits while minimizing your risk.
Transportation Contracts continually protect your interest:
- Carriers cannot change a contract without your consent
- All of your subsidiaries and affiliates can be covered by the same contract, making transportation costs predictable and improve savings
- You can terminate a contract immediately if the carrier fails to comply with its obligations
ICC negotiates on your behalf to establish:
- Extended payment terms, achieving additional savings by avoiding late fees
- Multi-year contracts, which reduce or eliminate annual rate increases
- Minimum insurance requirements; increased liability coverage for your protection
- Confidentiality provisions, preventing your competitors from learning the terms of your contract agreement
The Process is Simple!
You provide ICC with:
- copies of any signed agreements you currently have with your carriers
- 2 months of paid shipping invoices
(Gathering all this material takes a minimal amount of your time).
It takes ICC about two weeks to do an initial analysis.
From there, ICC will deliver a savings impact report to you.
Next, we perform our benchmark and target pricing analysis which will reveal how much you should be paying.
Once we have the power of information, we’ll support you in working with your carrier to come up with better contracts to support your business. Within one month of our engagement, you can see real cash back in your bottom line.
For more information, check out this helpful video!
Already under contract? No problem! ICC Logistics can make sure your contract does not contain terms and conditions that place your company in jeopardy. We can renegotiate the terms of your contract during the contract period and make sure you’ll get the best deal moving forward. And we can do this for your contracts with parcel carriers, all freight carriers, domestic and international and 3PL service providers.
Ongoing Contract monitoring keeps carriers on notice.
ICC, through its Contract Management Services, reviews carrier invoices to ensure that you are being billed according to the Contract terms and conditions. We will also make sure you receive all earned discounts and incentives.
ICC’s Carrier Negotiation and Contract Management Services protect you from getting locked in to an agreement that was auto-renewed unintentionally. Throughout the life of your contract, ICC identifies savings opportunities and service enhancements to lower costs and improve overall service.
Don’t leave money on the table. Contact ICC today and we’ll show you how we can boost your bottom line with our Contract Management Services. Call us today at 516-822-1183 or contact us online.