4 Common Types Of Shipping Options Provided By Logistics Companies
Transporting goods and services is one of the main logistical function of any business organization. Most of the businesses outsource this function to dedicated transportation and freight companies. There are a number of companies in the USA and Canada, which offer a lot of shipping options.
Here is a brief description of different shipping options such as FTL Dedicated Truck Load Freight, Parcel, LTL Less Than Truckload Shipping and PTL Partial Truck Load Shipping.
Parcel shipping is for small packages that can be transported easily. Transport companies have some fixed specifications for packages to qualify for parcel shipping. These specifications change from one company to another. Parcels are shipped via road, rail, ships or air. The main difference between parcel shipping and other types of shipping is that it does not require pallets. Parcel shipping is ideal for fulfilment services.
- LTL Shipping
LTL or Less Than Truckload shipping is ideal for small and medium sized businesses, who ship goods frequently but in small packages. They do not have the quantity to fill up an entire truckload. The logistics company combines the packages of different companies and transports the goods. Logistics companies have predefine LTL routes for pickup and drop of shipments, with terminals in important cities along the route.
Generally, to qualify for LTL shipping the shipment should occupy anywhere between one to six pallet spaces. Some companies charge LTL shipments by weight while others charge it by the space occupied.
- PTL Shipping
PTL or Partial Truckload Shipping is another shipping option for companies that transport shipments that take up to 3/4th of a truckload. The shipments that qualify for PTL shipping take 4 pallet spaces or more. PTL is a cost-effective method of shipping as it allows logistics companies to share the trailer space between two or more companies. The other shipments are picked up or dropped on the way to destination.
- FTL Shipping
FTL or FTL Dedicated Truckload Freight is for large companies that ship freight of more than 20 pallets. An entire truck is dedicated for transporting your freight. FTL is a quick choice for transporting large shipments. The goods are loaded and unloaded only once and there are no stops between the starting and destination cities.
These are some of the freight options provided by logistics companies. Business organizations have to choose the option that suits their business the most. Choose a reputed logistics company that offers all the choices like LTL, PTL and FTL Dedicated Truckload Freight. A good logistics strategy should ideally contain the right mix of all types of shipments, depending on factors such as budget and requirement.