In the competitive world of global logistics, controlling freight expenses is not just an advantage—it's a necessity. At CNFANS Shipping, we believe that one of the most powerful tools for cost optimization is already at your fingertips: your historical spreadsheet data. By systematically analyzing past shipments, you can unlock significant savings and enhance your supply chain efficiency.
The Power of Historical Freight Data
Every shipment you've executed contains a wealth of information. Typical freight data spreadsheets include:
- Freight forwarder/carrier names
- Origin and destination ports
- Shipping dates and transit times
- Container types (e.g., FCL 40HQ, LCL)
- All-in charges (base ocean freight, BAF, ISPS, THC, documentation)
- Incident reports (delays, damages)
When aggregated and compared, this data transforms from a simple record into a strategic decision-making asset.
A Step-by-Step Framework for Analysis
Follow this practical method to compare historical charges and route performance.
Step 1: Data Consolidation & Cleaning
Gather freight invoices and records into a single, standardized spreadsheet (e.g., Excel or Google Sheets). Ensure columns are consistent—create fields for total cost, cost per cubic meter (CBM), or cost per unit. Remove outliers or one-time special shipments to maintain data integrity.
Step 2: Compare Charges by Lane and Carrier
Use PivotTables or filters to group data by specific trade lanes (e.g., Shanghai to Los Angeles) and carriers. Calculate the average cost, median cost, and cost range
Step 3: Evaluate Route & Service Performance
Cost isn't everything. Create a second analysis tab that factors in key performance indicators (KPIs):
- Average Transit Time:
- Reliability Score:
- Incident Rate:
Combine cost and performance data to calculate a "Total Value Score"
Step 4: Run "What-If" Scenarios
With clean, structured data, you can model future decisions. If Carrier A is 10% cheaper but 5 days slower than Carrier B, use your product's value and inventory costs to determine which option truly offers the lower total landed cost. Spreadsheet formulas can automate this calculation for recurring lanes.
Turning Insight into Action with CNFANS
Once your analysis highlights the most economical and reliable options, you are equipped to:
- Negotiate from a position of strength:
- Make informed booking decisions:
- Identify hidden inefficiencies:
At CNFANS Shipping, our expertise complements your data analysis. We can help you interpret trends, access competitive rates, and implement the optimal shipping strategies your data reveals.
Conclusion
Your historical freight spreadsheet is a goldmine for cost optimization. By diligently comparing past freight charges and route performance, you move beyond guesswork and build a strategic, proactive approach to logistics spending. Start your analysis today, and partner with CNFANS Shipping