LTL & Truckload Freight Companies: A Quick Rundown

LTL and Truckload Freight Companies

LTL and truckload freight companies fulfill particular requirements for shippers, which we’ll address in the next two sections of this post.

Less-than-Truckload (LTL)

LTL is used for deliveries over 150 pounds, however less than 15,000 pounds. The advantage of LTL for shippers is it integrates freight from numerous business onto one truck to develop an effective freight move for shippers that do not have the volume to operate full truckload deliveries for all their freight lanes or to utilize a freight combination and pooling program from their own docks.

Cost-saving opportunities with LTL shippers can be found through LTL volume rates quote, LTL category under an FAK program or combination program.

Shippers have both dry and temp-controlled services alternatives readily available to them.

Temperature level regulated LTL shippers require to be aware that the service runs on cruising schedules, and co-mingling of other items on the trailer does trigger some obstacles for shippers.

LTL brings a variety of advantages with residential, inside delivery/pick-up, expedited, liftgate, and restricted access capabilities. Outside of expedited truckload service, truckload freight alternatives are really restricted to the other previously listed advantages.

On the downside of LTL freight are the complex NMFC LTL categories and the implications the categories have on expense and freight liability coverage. An additional obstacle is a potential for various additional LTL accessorial charges.

Complete Truckload Shipping (FTL)

Full truckload shipping is utilized for shipments ranging from 7,500 pounds as much as 44,500 pounds.

There is a crossover in weight on LTL and truckload shipments between 7,500 and 15,000 pounds because the cubic capacity in the trailer might be much bigger than its real weight, which drives FTL to be more cost-effective for some freight.

An example to show the point is a company that ships styrofoam. The entire trailer might be filled with products, but it weighs no more than 10,000 pounds. An LTL freight supplier would have a heavy premium on its rates for this load since it is not within its target audience.

Like LTL, complete truckload requirements and expedited options are readily available for either dry and temp-controlled service for shippers.

Truckload likewise uses liquid tankers and numerous flatbed mode alternatives.

FTL is the most plentiful freight mode service offered with roughly 700,000 for-hire motor carriers. While this does offer a variety of alternatives for carriers, it can likewise feel like searching for a “needle in a haystack” when searching for the “right” motor carrier for the task.

To conquer this challenge, shippers typically turn to a freight broker to assist them to discover the freight capacity they need. Freight brokers bring fringe benefits, however, instant freight capacity is typically the number one factor to bring them into a business’s freight and logistics method.