There are various modes of transport are available in the market like sea cargo, air cargo, truckload services etc.
which mode to choose should depend upon the requirement and budget?
Sending of parcel via ocean comes under sea cargo.
Sending of courier via air comes under air cargo.
In the same way Sending of shipment via road comes under truckload services.
Truckload services can be further divided into two parts: – Full Truckload and less than truckload services.
In this article, we are going to discuss about the benefits of using less than truckload services.
If you are running a big business and there is a need of bulk transportation of goods then such business houses should go for full truckload services. Under full truckload service all the goods are loaded in single dedicated container. No other party goods are included in this container.
Full truckload service is time sensitive. In this shipment gets delivered under precise time frame.
Less than truckload service is different from full truckload service. LTL is a kind of shared concept; one should pay for the space occupied. In this a container should contain the products of various suppliers. Less than truckload service is not time sensitive.
Now let’s discuss about the importance of using less than truckload (LTL) services.
Low transportation cost –
As it’s a kind of shared concept, the cost of transportation is comparatively less to other modes of transport. If we compare it with full truckload where you need to book full container the cost of booking dedicated is far more than less than truckload service.
If cost of transportation is low then the profit margin increases, which will help you in growing your business.
Environment friendly –
This point will definitely confuse lots of people, how less than truckload saves environment?
The Answer is reduction in the vehicle and fuel consumption. Rising fuel prices is a big concern for all of us. Going for such kind of share concept can solve our society’s biggest problem of inflation.
Quick Delivery –
In some cases LTL provides fastest delivery with affordable prices. If parcel of all the shippers are from the same location then there should be more chances of reaching shipment quicker.
Low Storage and warehouse cost:-
The need of warehouse is less with the lowest quantity of parcels. This reduces the expenses of storage and warehouse.
No need to build in-house shipper team:-
Building the in-house shipper team requires lots of capital, which Small businesses are not capable enough to afford. In this case LTL suits best for small business owners. Only pay for the space occupied.
Additional Services:-
LTL includes additional services like lift gates, inside pickup or delivery, insurance etc.
Technology Advancement:-
With the technology advancement in transportation industry. It becomes easy for the business to track live status of the shipment that to at a minimum cost. This advancement not only benefits business but also help shippers in managing different parties’ shipment because in LTL, lots of parties are indulge at the same time. Few technology advancements like automated pick-up requests, automated batch invoicing etc.
