When you first enter the trucking/logistics industry, one term that is often used is LTL. If you are brand new to the industry you may have never heard this term used before. LTL stands for Less Than Truckload. This means that that whatever you are planning to ship does not require a huge trailer. Anything under the sizes of 48 ft trailers are usually referred to as LTL. Combined Express specializes in both full truckload and LTL services. LTL services are very versatile and are used in a variety of situations or specialized industries.
So now you know a little about LTL trucking now, but how can it help your business?
In the shipping industry, products are moved all over the world by some type of transportation. Products are usually shipped by plane, boat, train, or truck, with trucks being the most flexible and cost effective for of transit. Truck transportation usually is quicker that rail due to the accessibility of the rail line and the times that trains can dispatch.
Generally if your are offering freight carrying services in the US, you are often offering the two types of trucking solutions, Full Truckload (FTL) and Less Than Truckload (LTL). What’s the difference you may ask? LTL differ from FTL due to LTL offering a more cost effect method of shipping goods by combining customers product on one truck.
What does LTL Shipping Carrier look like?
Van trailers which are covered or enclosed trailers are the typical type of trailer that you see with LTL transportation. The trucks most likely have roll up doors in the back for easy access to the inside of the trailer.
How do LTL Shipping Rates Work?
There are a bunch of factors that go into determining the rates or cost of an LTL type job. Class, weight, destination, and additional needs of the customer factor into the overall cost of an LTL shipping. Combined Express partners with carriers, shippers and brokers that allow us to provide excellent discounts and personalized deals for our customers. Changes in gas prices or fuel surcharges are another factor that can change the overall price of the LTL rate. To figure out the surcharge amount, you need to look at the fuel cost that is tied together with the destination and path of the shipment plus the top of the line haul costs.
How do you know how much fuel costs? How often does the price change? The cost of fuel is overall determined the national average of diesel witch fluctuates often and is updated on a weekly basis. When fuel costs are high it affects the shipping industry immensely. LTL shipping becomes a much more valued and cost effective way of transportation with high diesel prices.
Call Combined Express Today to see how we can help you with your trucking and logistics solutions. We partner with your company and determine a customized solution that fits your specific industry and needs.