Most people know that shipping via Full Truckload methods has a generous number of benefits. Shippers need advice on how they should go about the process, while making sure not to go overboard with the budget. So, when is full truckload shipping right for you?
Problems of Avoiding Full Truckload Shipping
For every business, the situation is different. Having a lower budget means cutting costs and not having your “perfect” shipping situation. With consumer demand increasing, it can be a struggle to find space on a shipping vessel. Now shippers everywhere are having to resort to different shipping practices to secure their spot and get their freight to its destination without issues.
“Full Truckload Shipping” may correlate with high expenses, but not always. Every transportation solution can experience the impact rates have. Shippers must learn to effectively use full truckload shipping to their advantage. Doing so will help mitigate costs, reduce risks, and improve their efficiency.
When is Full Truckload Shipping Right for Me?
When choosing between LTL or FTL shipping, it comes down to space. With LTL containers having lower per-project shipping costs associated with such shipments, customers often ship with LTL. However, if your company is moving shipments often you may be doing yourself a disservice.
LTL freight rates are subject to the National Motor Freight Traffic Association (NMFTA), but FTL freight rates are dependent on market variables. The NMFTA sets the rates, regardless of how much space is left in LTL containers for further shipper consolidation. With full truckload shipping, you have an increased capacity with the net benefit of lowering overall FTL costs.
Benefits of Selecting Full Truckload Shipping
If you feel like your business is an ideal fit for full truckload shipping methods, here are the benefits you may experience from switching.
Lowered Costs
With full truckload shipping rates determined independently of the NMFTA, this means rates are dependent on market variables only – not based on the classification of your goods as defined by the NMFTA. So, regardless of what you are shipping, if it is able to fill up to half of a full truckload, it is worth it to rent the entire thing and move your goods as a full truckload shipment.
Decreased Risk
No one wants to deal with cargo damage, which usually is created during LTL shipments. During LTL shipments your goods run the risk of being damaged because of the multiple parties, being thrown into a trailer with everyone else’s goods, deconsolidated, placed onto trucks for final mile delivery, and dropped off.
When you deal with full truckload shipping, your freight has its OWN container. No multiple parties. No more consolidating it in a trailer with other peoples’ shipments. This is one of the main benefits of FTL shipping.
Increased Visibility
Modern day full truckload shipping technology has enabled shippers and buyers GPS visibility into the exact whereabouts of their shipment; technology that simply has not been made available in the LTL industry.
Deciding if Full Truckload Shipping is Right for You
As a shipper you need stability, visibility, and hopefully lower costs. LTL shipments generally have a lower per-shipment face value, when it comes down to it, it is almost guaranteed that you will see the greatest cost benefits from full truckload shipping if you ship reasonably large loads on a frequent basis.
If you want to learn more about full truckload shipping to see if it is right for your business, call one of our team members and we would be happy to help you make a smart decision!
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