What is an LTL Carrier?
Less-than-truckload (LTL) carriers combine smaller shipments from multiple customers into a single trailer. This allows shippers to pay only for the portion of the trailer they use, enhancing cost-efficiency and flexibility. LTL shipments improve efficiency by maximizing trailer space, making them a cost-effective option compared to full truckload (TL) shipping. Benefits include reduced costs, better shipment tracking, and increased shipment frequency.
MPACT Logistics specializes in shipping LTL loads across the country.
Request a quote or call us at (773) 217-0127.
How Many LTL Carriers Are There?
The LTL carrier market is highly consolidated, with approximately 200 carriers operating in the U.S. According to Transportation Topics, the top ten carriers control about 68% of the market, illustrating the significant concentration within this sector. This consolidation leads to less volatility in pricing and capacity, but also means fewer choices for shippers.
What are the 4 Types of Carriers?
- National LTL Carriers: These carriers have extensive networks and provide coast-to-coast and border-to-border coverage. They include Estes Express Lines, YRC, and Old Dominion Freight Line. Ideal for shippers with widespread destinations across the country.
- Multi-Regional LTL Carriers: These carriers cover multiple regions but not the entire country. They offer a balance between national and regional coverage. Carriers are AAA Cooper and Averitt Express. Useful for businesses shipping across several states but not nationwide.
- Regional LTL Carriers: Operate within specific regions, offering dense networks and competitive pricing within their area. Carriers include A Duie Pyle and Pitt Ohio. Best for businesses shipping within a particular area.
- Sub-Regional LTL Carriers: Focus on smaller, distinct areas within a region, offering specialized services. Carriers are Southwestern Motor Transport and Pace Motor Lines. Suitable for localized shipping needs within a smaller geographical area.
Who is the Most Reliable LTL Carrier?
Reliability in LTL shipping depends on various factors, including coverage, service quality, and customer requirements. Old Dominion Freight Line is often cited as one of the most reliable LTL carriers due to its extensive network, consistent on-time delivery rates, and high customer satisfaction. When choosing a reliable carrier, consider their service history, customer reviews, and the technology they use for tracking and communication.
LTL vs. TL
LTL and TL shipping serve different needs. LTL combines smaller shipments for cost efficiency, ideal for businesses with smaller loads that don’t require a full trailer. TL, on the other hand, is used for larger shipments that fill an entire trailer, offering direct and faster service without multiple stops. LTL shipping is more flexible and cost-effective for smaller shipments, while TL is faster and better suited for larger, direct shipments.
Choose MPACT Logistics
Choosing the right LTL carrier involves evaluating your specific shipping needs, understanding the different types of carriers, and considering factors like cost, coverage, and reliability. By leveraging less-than-truckload carriers, businesses can optimize their logistics operations and effectively reduce shipping costs. Whether you’re shipping a few pallets or a large shipment, understanding what less than truckload means and selecting the appropriate carrier is crucial for efficient and cost-effective logistics.
If you need to ship a partial truckload at a great price, request a quote from us today!
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