71Lbs helps thousands of merchants save $60MM (and counting!) on their FedEx & UPS shipping costs, primarily via automated late delivery refunds, contract negotiations, and small business group savings.
Late delivery refunds:
More than $2 billion dollars of shipping refunds go unclaimed annually. Both FedEx and UPS offer a 100% money-back guarantee on packages delivered late - even by 60 seconds! With an estimated 5% of shipped packages arriving late, monitoring the activity on your account with your carrier is important to your bottom line.
71lbs has automated the claims process from start to finish to help collect your due refunds. Our system will monitor and identify late deliveries. Claim due refunds on your behalf. Refunds are credited directly back to your online shipping account.
At the end of each month, you will receive a 71lbs invoice for half of the total refunds. If we don't find you any refunds, we don't send you an invoice. No cost to sign up, no monthly dues, no contract.
Contract Negotiations:
Merchants that spend $250K or more on their parcel costs typically have carrier agreements, that most don't understand. With $1Billion in benchmarked shipping costs, discounts, and surcharges analyzed, we help customers negotiate better carrier agreements, typically savings them 20% or more.
Find out more information and sign up at www.71lbs.com