The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

The Entrepreneur's Forum for learning how to build wealth and financial freedom the Fastlane way!

Say "NO" to mediocre living rife with jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence. Join our forum with more than 70,000 entrepreneurs who are making it happen.
Join for FREE Today
Get the books
Remove ads? Join Fastlane INSIDERS
(Registration removes this block)

*** FREIGHT OPTIMIZATION *** :: Post here, let's cut costs.

Anything related to sourcing or importing products.

AgainstAllOdds

Legendary Contributor
EPIC CONTRIBUTOR
Read Fastlane!
Speedway Pass
Dec 26, 2014
2,274
14,567
31
Chicago, IL
Hey guys,

I'm really happy with my freight forwarder, but there's always room for improvement and getting the price lower. So here's what I'm thinking:

Post in this thread if you:
  • Already Import.
  • Want to get your freight price lower.
Just post "I'm in" or something along those lines.

After we get enough people in this thread, October 8th we'll be emailing our freight forwarders to give us a quote. The quote will be Guangzhou port for a 20GP Container to LA hypothetically leaving October 22nd. We can do other ports too, but I think this is a standard shipment that everyone's forwarder should be able to handle, and will be an easy quote to compare.

We'll then create a private messaging group on this forum or somewhere else, and will compare prices to see how much we're being overcharged. I'll message everyone interested as October 8th draws closer.

Why October 8th? Gives us 3 weeks to get people interested in this thread. October 1-7 is a holiday in China.

We'll all ask for the same exact quote. Then figure out by how much % we're being overcharged, or if our freight forwarder is already the best.

Always room for improvement. Doesn't hurt to share shipping costs and keep the forwarders on their toes.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

Niptuck MD

plutocrat-in-training
FASTLANE INSIDER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
Aug 31, 2016
1,391
2,294
NORWAY - POLAND - WEST EUROPE
I have some good contacts if you wish in China that consolidate freight shipments from numerous ports.
 

Patrickg

Bronze Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
Nov 20, 2016
99
125
I'm in. My freight forwarder is good. Did great job last shipment however, I'm looking to sharpen pencil.

Product liability is one I'dreally be interested in....
 

G-Man

Cantankerous Contributor
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
Jan 13, 2014
1,989
10,711
I ship from China about 6 times a month but it's always air freight. Helpful or no?
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

AgainstAllOdds

Legendary Contributor
EPIC CONTRIBUTOR
Read Fastlane!
Speedway Pass
Dec 26, 2014
2,274
14,567
31
Chicago, IL
I ship from China about 6 times a month but it's always air freight. Helpful or no?

Yeah, why not?

If you get quoted too high for ocean freight, then there's a good chance that it correlates to being over quoted for air freight.

The purpose of this activity is mainly to identify the freight forwarder's margin/inefficiency. Once we identify that, we're in a better spot to: negotiate, stay with our forwarder, or seek someone better.
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Must Read Books...

must read books
Download FREE and share!
Download
Explore books recommended by MJ DeMarco and other members of the Fastlane entrepreneurial community.
Fastlane Bookstore

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top