Eliminating unnecessary costs is a crucial aspect to supply chain optimization. If you're seeing a significant amount of freight damage in the shipments you send, it might be time to focus in on this potentially expensive area.  Although reliable industry-wide statistics are hard to come by, the National Cargo Security Council (NCSC) estimated at one point that the global financial impact of cargo loss exceeded $50 billion annually. Additionally, Packaging Digest estimates that as many as 11% of loads arrive with some kind of damage, with the average sitting at about 2%.  In addition to the obvious cost of damaged goods that you can no longer sell, freight damage also creates a ripple effect throughout your operation:   First, there's the cost of replacing the shipment for your customer, which might also include paying for expedited freight. Additionally, [...]

Approved is proud to announce to have once again been honored as 2021’s Top 100 3PL companies by Inbound Logistics Magazine. This is the sixth year we have made this prestigious list. The recognition is given for exceptional supply chain expertise, strategic vision, and client partnerships. “We are so honored to be selected for this prestigious list for the sixth year,” said Randy Tutor, Vice President of Sales. “This year, our team has worked through pandemic challenges to continue providing best in class service. I couldn’t be more proud.” Approved Forwarders was handpicked by the Inbound Logistics editors for this select list of best of [...]