Less-than-truckload (LTL) and full truckload (FTL or just TL) are the most common types of freight shipping in most industry supply chains. Unfortunately, Ohio LTL freight shipping prices have risen substantially in recent years.
At On Time Delivery & Warehouse, we pride ourselves on pricing transparency and strive always to provide the most competitive LTL shipping costs in the region. Understanding why costs are higher these days is important to formulating a workable strategy to keep those expenses manageable while still ensuring your shipments are getting where they need to be – intact, on time, every time.
What is Ohio LTL Freight Shipping?
Approximately 54 million tons of freight are moved on trucks daily in this country, according to the U.S. Department of Transportation. A considerable share of this is hauled on LTL loads.
Anytime your shipment takes up an entire truck (typically somewhere around 42,500 lbs. or 24 pallets), it’s called a full truckload. When the weight or size of your shipment is less than that, you have the option of shipping items via less-than-truckload. LTL is sort of like a rideshare service with multiple passengers, but for freight.
On a per-mile, per-unit basis, Ohio LTL freight is often more costly. However, that doesn’t necessarily mean it isn’t the most cost-efficient option for the specific needs of your business.
Some benefits of LTL shipping include:
- Tracking and tracing. Transparency and visibility of shipments is important to our clients as well as their customers. Knowing transit times, the location of shipments, estimated delivery times and more can be invaluable.
- Service options. These can include pick up and delivery, liftgate service, import/export freight handlers, hotshot deliveries and more.
- Earth-friendly. Shipping via LTL allows carriers to use all the room on the truck, meaning each shipment is efficient and eco-friendly.
These should be factored when considering whether LTL makes the most financial sense for your firm.
Winter weather can make even the most trivial tasks exponentially more difficult. As recent events have proven, this is especially true when power lines (or entire power grids) are down, rail services have ground to a halt, natural gas is in short supply, hundreds of flights are canceled and icy roads are exceedingly perilous. All of this will have a snowball effect on your supply chain. While there’s no way to control the weather, working with a Cleveland 3PL can help you better insulate your supply chain for the inevitable moments when you won’t have control.
As in sports, the best defense is a good offense when it comes to supply chains. Ideally, you will have planned and prepared for supply chain setbacks. As a longtime Cleveland 3PL, we have trucking, warehousing and shipping partners all over the country, allowing you to navigate more nimbly through some of the most serious seasonal swings and challenges.
In third-party logistics, our success depends on your success. We’ll only recommend actions that are in your best interest. Some of the top ways you may benefit from a 3PL partnership in advance of a weather crisis:
Simply put, a supply chain is a network between a business and its suppliers to produce, process, store and distribute goods. A supply chain involves people, technology, information, activities, resources and organizations. It incorporates every step necessary to get that product to its final destination. To meet consumer expectations, your supply chain needs to be efficient and error-free. Currently, one of the biggest challenges is the increasing complexity of supply chains. Working with a 3PL (third-party logistics provider) like On Time Delivery & Warehouse can help you overcome supply chain complexities to ensure your items are moved quickly, safely and seamlessly.
Complexities in modern supply chains are largely attributed to a continually growing number of products, customers, channels and geographies. Research by Gartner found that supply chain complexity is a top concern of CEOs, with more than 60 percent of supply chain leaders reporting it poses one of the highest risks to business continuity.
The term “driver detention” in trucking refers to occasions when a trucker’s fastest route is delayed at the location of either pickup origin or delivery destination – costing the driver and other stakeholders time and money and posing possible safety risks on the road. Our Cleveland trucking service providers are familiar with the old adage, “If the wheels aren’t turning, truckers aren’t earning,” and work to address these issues to improve efficiency and capacity and keep costs in check.
Loading dock times longer than a two hours is considered a substantial delay, and it’s become a common issue weighing heavily on the trucking industry the last several years.
reported that, on average, only 6.5 of the total 11 hours of drive time available under federal Hours of Service rules are spent actually driving. Much of the rest spent waiting to load and unload.
Working with a Cleveland trucking service with warehousing and logistics capabilities can help to identify which issues and individual suppliers/receivers pose the most driver detention risk and work to reduce those risks.
Truck driver benefits and wages are ballooning across the U.S., even as freight-hauling capacity has diminished in the face of ever-higher demand. In turn, small businesses (especially retailers and distributors) are saddled with soaring shipping charges, an expense that’s proven crippling for some. Truckers deserve good wages for the vital job they do. But businesses hoping to stay afloat would be best-served with a Cleveland 3PL partnership to help keep costs in check.
The American Trucking Associations group, representing owners of fleets, reports annual trucker salaries climbed 15-to-18 percent in the last four years, with the exact rise varying based on the nature of fleets and routes. Overall, private fleet driver salaries topped $86,000 last year – a $13,000 increase from just four years prior. A truckload driver on irregular national route (basically an entry-level post) can now expect to pull in about $53,000 – up from $46,000 just a few years ago. This trend is not braking anytime soon, The Wall Street Journal reports, because the demand for trucking is higher than ever and companies are increasingly counting on freights with full truckload and less-than-truckload capacity to ensure consumer expectations are met.
One silver lining for our clients is trucker turnover is down, meaning those on the road are increasingly more experienced – and that’s a very good thing in terms of reducing roadway liability.
Some elements of this higher-cost transportation landscape simply can’t be avoided. Even with higher pay drawing in more drivers, there are still only so many truck drivers, so many trucks and so much space. As a trusted Cleveland 3PL, On Time Delivery and Warehouse leaders work to help minimize this impact for our customers. To augment reliability and consistently meet demands of this new standard “get-it-there-sooner” market, we must offer competitive truck driver compensation. We must supply them with the best equipment, as well as advanced transportation management software to ensure efficiency. But we also work to help clients sift through an expanse of carrier options to pinpoint the best choice. We identify and bridge supply chain gaps that bleed businesses of time and money. We offer transparency so clients can track their goods at every leg of the journey.