The most common type of shipping truckloads are LTL (Less-than truckload) and FTL (Full truckload. But do you know that there is another type of shipping method that comes somewhere between these two? Well, it is VLTL or Volume LTL shipping. It offers better solutions and caters to the inefficiencies of LTL and FTL. Continue reading about this type of shipping to know more.
What is a Volume Shipment in LTL?
Volume LTL is a shipping method that is more than an LTL but less than an FTL. This shipping method is ideal to use when there are too many goods for a standard LTL but not quite as to require an FTL. Consider a scenario where an FTL can acquire about 14 pallets and an LTL can acquire only 6 of them. But, you have about 8 pallets to deliver. In this case, a volume LTL shipping will offer the availability you were looking for.
VLTL vs Standard LTL Shipping
In a standard LTL, truckers usually pick different pallets and sort them at the destination. This leads to multiple stop deliveries around the region. Moreover, LTL networks are complex, and truckers are always on the go to maximize their loads to remain cost-effective. Volume LTL, on the other hand, are cheaper and offer greater capacity to tap into underused and empty backhauls. It also reduces the risk of any damage as the shipments are not prone to multiple stops as in the case of LTL shipments.
How Does Volume LTL Work?
The most common concern that even the most efficient carriers face is the inability to fill the unused spaces in trucks. This way they end up hauling empty trucks on the road that could otherwise be utilized for other loads. A volume LTL helps you fill those unused gaps as these can carry freight from 6-24 pallets or weighing at least 5,000 pounds.
Benefits of Volume LTL Shipping
A VLTL can be comparatively a more economical option than opting for a full truckload or a less than truckload. But remember to analyze your needs and volume of shipments before you choose a VLTL. However, a VLTL will mostly benefit you because of the versatility it offers. Let us now look at its key benefits:
A Cost-Effective Option Than LTL And FTL
A VLTL leverages unutilized trailer space that offers cost savings than an LTL or FTL. You can move your larger shipments without needing a full truckload making it more economical than standard LTL and FTL.
Safer And Reduced Risk of Damages
As your shipments stay on the same trailer throughout the entire journey in an VLTL, you can forget the worries of your goods being damaged on the way. Since there is minimal or no handling of shipments, the chance of theft also decreases.
Supplements The Empty Spaces
A VLTL adds capacity as you get to leverage the empty spaces of LTL or FTL. There can be times when other forms of truckload shipping experience tight capacities and this is when the VLTL comes as a great alternative.
Faster Transit Times
Volume LTL shipping provides optimized load planning which means VLTL shipments are easy to plan, load and unload that improves efficiency at every stage. Moreover, these have fewer or no stops in between the journey, that leads to faster transit times.
Flexibility for Shippers
There can be times when any business can have fluctuating shipping needs. These could be in terms of shipment volume, size or even delivery time. A VLTL allows shippers to adjust their needs without requiring a FTL and compromising on anything else.
How to Look for Volume LTL Shipping Companies?
It is essential that you choose volume LTL shipping companies that have a strong reputation and track record. One such company is United Ravens. You can also search online and read through company reviews and testimonials to trust their reliability. You can compare pricing structures and offerings of different VLTL shipping companies to choose the one that fits your needs. Lastly, ensure that the company has clear contract terms, customer support and insurance coverage.
Conclusion
A volume LTL is a great alternative when you do not require a full truckload or when opting for an LTL seems inefficient for your loads. Volume LTL saves you space, time, money and even fuel! You only need to pay for the freight space you acquire. This type of shipment truckload is beneficial for both shippers and carriers and adds value to the entire supply chain operations.