Influence Of Undeclared Pallet Weight On Your Customers Bill Of Lading To Your Company Profits

Today, the LTL freight transportation operations in in best posture ever to initiate substantial cost savings and increase profits in an area previously overlooked. However, many freight transportation companies are directing their resources to increase sales. General lack of awareness of readily available low cost of the lift truck on-board freight check weighing systems and the lack of attention given by many operational managers to the importance of freight weight verification should be changed within many companies. As of the Series SkidWeigh system is general The ED2 cost of this activity the average operating ratio is 20 which means that 4 of every 5 dollars received application, fullyis a pure profit. automatic microprocessor
Example: device that measures the load weight electronic Average lift truck or loader. The system can on any type ofpallet weight 60 pounds Average number of pallets per trailer the be installed on any lift truck, regardless ofload 24 vehicle, make, model or operating voltage having Average charge per 100 pounds, $10.00 a maximum lifting capacity number of customers Its well known that large of up to 50,000 kg or do not include the weight of the pallets on the lbs. bill of lading.

Should you be concern about it?

Every time a skid load is picked up, the increase in hydraulic pressure on the vehicle will Number of Trailer Total Pallet Load automatically activate the weighing cycle and Loads perload weight measurement that is Day Weight( lbs) convert it to a visually presented to the operator via a five digit LED display.

Daily Increased Revenue $

Weekly Increased Revenue $

10 50

14400 72000

$1.440.00

$7.200.00

A. If the load weight variance is within the Obviously the more forklifts equipped with onacceptable company level, then the skid load can board check weighing, the greater the As per our example the LTL operation with 50 trailer loads per day could be boosting profit move to the destination trailer, holding area, etc. potential return. margins of $1.800.000.00 per year with effective lift truck pallet weight verification.

100

144000

$7.200.00 and ROI $36.000.00 Benefits Analysis * $14.400.00 $72.000.00

PerIfdollar invested, the variance is overprofit margin will be far greater if focused on all freight B. the load weight improvement in the If it takes 10 forklifts to handle your cross dock weight verifications. acceptable company level, then the skid load is
moved to the Legal for Trade floor scale for final verification and creation of a scale ticket.

volume and you have only one vehicle equipped with a SkidWeigh unit, you will be missing out on 90% of your potential freight weight recovery revenues.
* See the article from National Freight Traffic Association Weighing and Research Programs for Trucking Companies

Review for Management

Example: Freight only 1,000 pounds recovery program ofTransportation Facilities per forklift, per working day; your company revenue Basedincrease approximately $ 25,000 per on typical freight weight charges of can $10.00* per year. pounds and with a weight 100 operator, This equates to a return of ten times your investment cost for the first year. Payback can be as little as four weeks, depending on the shipping practices of your customers and your timing and approach to recouping these lost revenues.
Note:* Depends on commodity, service level and distance