Less-than-truckload shipping is also known as less-than-load shipping. It is a type of shipping that entails consolidating relatively small amounts of freight from several shippers but traveling in the same general route. Typically, the goods are under 10,000 pounds. "less than truckload" refers to loads that cannot fill a trailer alone.
Fremont, CA: Small shippers have fewer shipments than big shops do. LTL gives small shippers a way to effectively transfer their freight. LTL's accessibility has altered e-commerce in several ways.
Scalability
LTL offers e-commerce businesses scalability and versatility by allowing them to use other forms of freight transportation, such as parcel and full truckload (FTL) when needed. This expands freight options without investing in or incurring the costs of exclusively using package and FTL. LTL cargo typically takes longer than parcels and FTL to reach its final destination but costs less. This allows customers who prefer packages and FTL to choose from multiple options instead of LTL.
Increased Security
LTL uses carrier infrastructure to standardize the transmodal movement of cargo, with most shipments being packed onto pallets before loading. This stability and safety reduce the risk of damage or loss, reducing returns and increasing logistical costs. This, in turn, increases customer dissatisfaction and hinders repeat sales.
Reduced Transportation Costs
LTL (Load to Delivery) is a cost-effective solution for e-commerce stores, as it splits the truck's space between multiple stores. This allows for the cost of transporting goods while still enjoying the benefits of a reliable carrier. LTL is similar to public cloud computing, offering access to world-class products or services at a fraction of the cost. Online retailers often work with a third-party logistics provider (3PL) to ensure the price is financially sound. Top 3PL companies offer quotes from multiple carriers, allowing e-commerce stores to choose the carrier with the best value for money.
Automated Shipment Tracking
Online retailers face unnerving uncertainty about a shipment's location and delivery date, negatively impacting customer experience. Automated Shipment Tracking (LTL) makes this tracking accessible to small e-commerce stores. LTL allows tracking in various ways, including PO number, PRO number, bill of lading number, shipment number, and pick-up date. This tracking is accessible via a web-based dashboard and can be accessed from anywhere with an internet connection.
Reduced Carbon Footprint
Carbon emissions have become a global concern, and LTL (lightweight shipping) can help e-commerce stores reduce their carbon footprints. By consolidating multiple shipments into a single truck, LTL reduces emissions by each supplier, even considering longer journeys. LTL is a viable solution for businesses with sustainability as a significant component. However, the benefits of LTL will vary depending on factors like mileage, product costs, weight, and volume.
