There some Important Points Mentioned here to cut LTL cost.

1.      Analyse Customer and Pre- bid Supply chain:
Analysis of customer and pre-bid supply chain help shippers to predict bid objective strategies like, reducing costs or Quantity carriers, delivering good to market quickly.
2.      Carefully select RFP questions:
Shippers should collect information on carrier’s financial performance, customer service; IT quality/capabilities, exact fleet size, type of equipment used, and even CSA scores.
3.      Collect past 12 month’s quality shipment data.
To avoid data entry error, so collect all shipment data and accurate commodity Data will help for successful LTL bids.
4.      Manage Carriers as per pre-defining objectives and Requirements.
We know that shippers have to many carriers data within it select best carrier as per requirement with the help of past data.
5.       Set reasonable RFP deadlines. 
Carriers need a clear review period and realistic deadlines to assess their own capabilities, post questions, and provide detailed, effective RFP responses. Snap decisions can be costly to all parties.
6.      Bids analysis for optimal pricing and service overview.
Shippers have to do Service scenario analysis and optimal pricing investigation for reliable and fast delivery with the help of other shipping partner’s overview or past data.
7.      Conduct In-Person Meeting for negotiations:
Face to face meeting will help to avoid conflicts. all things and terms should be clear in face to face meeting. So give priority to in-person meeting and provide all data like commodity, shipments details and other important data to carriers.
8.      Provide Universal Routing Guide:
Routing guides optimize freight lanes and remove excess shipping costs.
9.      Meet Senior Person of Carriers:
These meeting Maintain good Working relationships for future.
10.  Predict Performance evaluation, criteria and measurement:  
Create overview of carrier’s performance, mentioned your expectations and also alert to shippers and carriers for their underperformance.