Less than truckload LTL shipping can be an excellent option for freight that is too large for regular parcel posts but doesn’t fill an entire truck. However, to get the most out of your shipping costs, you need to know about the LTL rate structure and plan your loads accordingly.
Managers responsible for supply chain freight management are consistently looking for newer ways to reduce their freight costs. Because less than truckload LTL is a bit more complicated than full truckload FTL shipping, there are some ways in which you could save a considerable amount of money.
In this article, we will go through some of the best ways to reduce your LTL shipping costs:
Packing Goods For Maximum Density
When you choose the LTL shipment method, your carrier will charge you for your freight’s weight and charge you for space. The less area your shipment takes up on the transportation truck, the more room the carrier will have to sell to other clients, and the less they will charge you.
Use the smallest sized crate or carton to safely hold your product during shipment and bundle your cartons together tightly and safely. The more you can reduce the total volume of your load, the more money you will save.
Booking Your Deliveries Well In Advance
The more notice a transport company has about your future goods’ deliveries, the more they can optimize critical assets, including trucks, drivers, and warehouse spacing. Moreover, planning also provides you with an increased amount of time to pack and stage your delivery to ensure a smooth, productive load-out, saving your carrier’s money.
This means that if you can give carriers an extended period of time to plan and ensure a quick loading process, they might charge you less for their LTL service.
Shipping On Low-Traffic Days
Higher demand for LTL services means increased transportation rates. That’s why shipping on low-traffic days makes a lot more sense, especially economically. Consider transporting your goods on Mondays or Fridays, which tend to be lower-traffic days for numerous carriers.
Ask your freight management company to tell you which days they run light and may point you toward more favorable rates. This way, shipping goods on low-demand days will help your business and also the carriers’.
Considering Shipment Consolidation
Consolidated shipping means combining your load with goods from other companies in your local area who ship to the same location. Consolidating shipments with partners, suppliers, and others will enable you to put together increasingly efficient loads for your carrier, resulting in savings for all of you.
Shipment consolidation works best when companies have the same origin and send shipments to the same destination. Look for firms that may sell similar product types to the same location or even the same retail store. Also, ask your carrier if they can consolidate loads and minimize overall shipping costs.
DSONS Transport offers expert, cross-border freight management and transportation services across North America. We provide our clients with fast, reliable, and customized goods transport services whenever they need them. Our highly professional fleet and team allow us to offer a comprehensive range of freight services within the transport industry.