An important part of running a successful business is being efficient. With that in mind, many companies are implementing more less than truckload or LTL shipments. This type of shipping relies upon shipments that are less than the maximum weight of a truckload. In most cases, LTL shipments are above 150 lbs but can sometimes weigh as much as 20,000 lbs. It’s understandable to wonder exactly why LTL shipping has become so popular. Considering that, here are three important benefits of utilizing less than truckload shipping.
- Reducing Excess Costs
It’s essential that trucking and transportation company know how to save costs. Considering that, truckload shipping can sometimes be too expensive to utilize. With that in mind, you’ll find that LTL freight companies are able to more smaller shipments while still filling a truck. If your company doesn’t have enough items, it’s going to make truckload shipping quite expensive.
- Less Wasteful Emissions
Statistics show that the three most valuable commodities moved throughout the United States transportation system includes electronics, machinery, and motorized vehicles. Considering that, many of these companies often need to send out only a small amount of items. If a company doesn’t have access to LTL shipping services, they’ll need to utilize a larger amount of trucks.
- Popular with Load Board Providers
One study found that the LTL market has a current worth of approximately $35 billion. Considering that total, it’s important that your business is able to profit or reduce costs by utilizing less than truckload shipping. If you work within the trucking industry, you’ll want to know that many companies post less than truckload jobs on load boards.
In closing, it’s important that your company considers the benefits of less than truckload shipping. While there are many popular methods used to ship products across the nation, LTL is quite advantageous for certain companies. You’ll commonly find that LTL shipping is utilized among smaller companies or those with fewer items to ship at once. For the right company, utilizing this type of shipping can help lower costs and wasteful emissions. In addition, those transporting these items love being able to see LTL shipment jobs available on load boards.