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IFRA recognised as an alternative to freight brokers, with considerable savings

In a fast paced world where time is in short supply and of the utmost importance, it is often difficult to find efficient and cost-effective freight rates and to know whose aide is best enlisted to locate the right freight companies and rates for you.

Once upon a time freight brokers were the only available option. Today, there is IFRA. What is the difference between IFRA and freight brokers? Considerable savings. How?

• Freight brokers add their own margins to customer rates. IFRA add no margins.

• Freight brokers act as the middle man in customer-carrier relationships resulting in the customer having no direct access to invoices.
  With IFRA, it is ensured the customer-carrier relationship is direct, allowing the customer unfettered access to carrier invoices.

• Freight brokers invoice the customer, the carrier does not.
  With IFRA the carrier directly invoices the customer, proving that there is no margin added to the rate.

• Freight brokers are paid for the duration for the carrier usage (e.g 5 years). Payments to IFRA are made for only 12-24 months no matter the length of the customer-carrier agreement.

• Freight brokers tend to use second and third tier transport rate companies.
  IFRA uses major carriers only, to ensure quality service.

IFRA's view lies in adding power to the customer. IFRA believe the customer should have a bigger voice in the manner in which their freight is being distributed.

Having worked for freight companies, IFRA's mission is to empower the customer with their knowledge of the freight business.

It seems IFRA is the answer to cost effective supply chain management.

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PricewaterhouseCoopers engages IFRA expertise

The Supply Chain Management division of PricewaterhouseCoopers (PwC) has engaged IFRA to
assist it in the supply of services to its Customer base.

The services offered to PwC will include Interstate Freight and International Freight rate and service assessment.

From a rate perspective, IFRA will provide PwC with a valuable resource of knowledge that can predict with a degree of certainty the rates that would be applicable to a Customers expenditure. This includes all carton, pallet and line-haul services offered within the Australian marketplace.

To add to this, IFRA will also provide rate validation services. This includes the assessment of a previous Freight Forwarders' or Interstate Freight carrier's rates versus a new rate, and the auditing of the present rates against invoiced monthly charges.

From a services perspective, IFRA is able to provide PwC with knowledge and verification of carrier service performance based on established key performance indicators and transit times.

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