Less-than-truckload services are offered by a lot of large-scale, national parcel services and specialized logistic service providers.
LTL – Less than load freight is the process of transporting products or goods that don’t need a full truckload due to the smaller nature parcel. It is also known as a transport means for a fairly smaller load. There are way too many separate shipments being transported on one truck. LTL shipments are commonly arranged to range anywhere from 150 pounds to 10,000 pounds roughly.
Less than truckload transportation is the opposite of full truckload shipping (FTL), which includes transporting heavy nature parcels or an average weight freight. LTL basically has multiple shippers’ freight on the same trailer than having a single company’s load exclusively on a separate trailer. Several LTL shipments are combined into one truck to fill it as near capacity as possible to make it cost-efficient. This process is also known as Assembly Service.
LTL gives you better cost savings when you ship just a few pallets at once. This is a cheaper option for you because you are only paying for the space you are using rather than paying for an entire truck that isn’t filled with goods to its capacity.
How does it work?
Essentially, you combine partial loads to create full multi-stop truckloads, which is very efficient. Cost tends to be based on space used, class of items being shipped, and pickup and destination locations.
LTL freight can be shipped standard, quick, or guaranteed. LTL freight can also be shipped with special services, such as liftgate, residential, and reclassification pickup/delivery.These services require additional charges called assessorial fees.
Less than Truck Load is totally dependent on the number of nautical it has to go through, for example; the shipment place of origin, the destination, the number of pieces it contains, the kind of packaging if there is any need of the special handling of the parcel and the weight.
There are varieties of trucks involved in the shipping, and every trailer varies from another in terms of size and capacity. A 16-foot truck usually holds the space of about 800 cubic feet; a 26-footer can hold up to 1,400 cubic feet, so the load also varies from vehicle to vehicle and its capacity.
Importance of LTL in Ecommerce
Ever since the rise of COVID-19, eCommerce businesses have evolved and grown a lot. LTL has gained immense importance in today’s economy due to the convenience of users through the service. With the unstoppable rise of e-commerce businesses, quick shipments of products to clients have become a part of a major selling point.
Challenges of LTL Freight
As easy as it may seem, convenience does at times come with a price, which is not money but time. It gets suffered in exchange for flexibility and cheaper rates. Each trailer contains goods and products from multiple customers; each shipment goes to multiple locations, it does sometimes get delayed and the freight gets late.
Another challenge that you may come across with LTL is finding a carrier because some may offer LTL Shipping and some may not. Not all carriers are offer LTL. A few may agree to ship your parcel, but they may charge a bit too much for it, so make sure to get the correct rates from them
The Benefits of LTL Freight
LTL is ideally the best choice to ship your goods if they are large for simply parcel delivery and too small to get delivered separately via trailer or a truck. LTL gives you major benefits, be it convenience or money.
There’s a very slight chance for your parcel to get damaged since the shipper takes all the necessary information to place the pallets accordingly. Shippers can provide all the necessary information needed to work with claims and send out replacement products to the customer. Another benefit is that you have to pay for the space taken by your parcel; you don’t have to pay for the unused spaces. It is very affordable and money-friendly. No need to worry about the parcel’s security because renowned companies usually offer this service and they take every necessary measure to keep your product secured. Quality assurance and customer satisfaction are everyone’s top priorities.