Procurement & Costs
Total Cost of Freight (TCoF)
The Total Cost of Freight goes beyond base rates to include all transport-related expenses: urgent shipments, penalties, accessorials, detention, and even administrative costs like invoice disputes.
Why it Matters: Looking only at contracted rates hides the true cost picture. Measuring TCoF gives procurement full visibility, typically revealing 8–12% of hidden costs. It enables smarter decisions and better alignment between logistics and finance.
