When it comes to load distribution and management, FTL shipping is a popular approach. In fact, FTL shipping makes up the largest share of the freight market at over 46%.
Many trucking companies specialize in this shipping method, where a single order takes up a full truckload. It’s got some major benefits for the right types of industries.
Here’s everything you need to know about FTL freight.
What is Full Truckload (FTL) Shipping?
Full Truckload (FTL shipping) is a shipping method where an entire truck is dedicated to a single shipment.
This means that the goods from one shipper fill up the truck, or at least, the shipper pays for the whole truck even if it’s not fully loaded.
FTL is ideal for large shipments, where items go directly from the pickup location to the destination without stopping. FTL freight shipping offers faster delivery times, less handling (which reduces the risk of damage), and more control over the timing of the truckload freight.
However, it’s usually more expensive than shared load options like Less Than Truckload (LTL shipments).
Benefits of FTL Shipping
Here are some of the main reasons FTL carriers choose to operate with a full truckload.
Efficiency and Speed
FTL shipping is faster because the truck carries your shipment only.
The driver goes directly from the pickup location to the destination without stopping for other deliveries. This cuts down transit time and ensures more timely deliveries, which is ideal for time-sensitive goods. With no additional stops, there’s less chance of delays in the shipping process.
Customization and Flexibility
With FTL, you have more control over how and when your shipment is handled because you reserve the entire truck for your goods.
You can customize the pickup and delivery schedules to match your needs. You can also request special handling or equipment from FTL trucking companies, like refrigeration for perishable items or specific routes. This makes it a more tailored solution.
Safety and Security
Since your goods are the only ones on the truck, there is less handling and transferring between locations with FTL shipments.
This reduces the risk of damage, loss, or theft. The truck is typically sealed after loading and remains untouched until it reaches the destination, which also offers a higher level of security for your shipment. This makes FTL a great option for fragile or high-value goods.
When is FTL Appropriate?
Here are some of the main scenarios where using full truckload shipping is best.
Large Volumes
FTL is best when you have a large shipment that can fill up most or all of a truck. It’s cost-effective for big loads because you’re using the entire truck space, which reduces the cost per unit.
Fragile Products or High-Value Goods
If your products are fragile or high-value, FTL is ideal.
Since the truck only carries your goods, there’s less handling, reducing the chance of damage or loss.
Firm Delivery and Pickup Dates
FTL allows you to set specific pickup and delivery times. This makes it perfect when you need reliable scheduling for time-sensitive shipments, as you have more control over the entire process.
Faster Transit Times
The truck travels directly from pickup to delivery, making it the best choice for shipments that need to arrive quickly.
Other Special Requirements
FTL is also a good option if your shipment requires special handling, like temperature control, or if you need flexibility in route planning or loading instructions.
Having a dedicated truck allows you to customize the shipping experience to your needs.
Disadvantages of FTL
Full truckload freight may be highly beneficial, but it also comes with its cons compared to LTL shipping.
Higher Costs
FTL can be expensive, especially if your load doesn’t fill the entire truck. You’re paying for the whole truck, even if there’s extra space.
Not Ideal for Small Loads
If your shipment is small, FTL may not be the best option. An LTL shipment is often cheaper for small loads since you only pay for the space you use.
Limited Flexibility for Changes
Once your goods are loaded, it’s hard to make changes to the shipment. Adding or removing items can be expensive or impractical once the truck is on its way.
Empty Space Wasted
If your load doesn’t fill the truck, you may end up paying for unused space. This can lead to higher shipping costs compared to more efficient shared-load options.
Industries That Commonly Use FTL
Considering offering FTL shipments? Here are some of the key industries that require them:
- E-commerce: Large and bulky items like furniture, appliances, and electronics are often shipped via FTL for faster delivery and better handling.
- Retail: Retailers use FTL to transport large quantities of goods from distribution centers to stores.
- Agriculture: FTL is used to ship large volumes of crops, fruits, and vegetables to processing plants or distribution centers.
- Food and beverage: Perishable items like dairy, meat, and beverages are shipped using FTL for time-sensitive deliveries and to maintain cold-chain integrity.
- Construction: Heavy materials like cement, lumber, and steel are transported via FTL to job sites, ensuring they arrive in bulk and on time.
Choosing the Right FTL Carrier
Choosing the right FTL carrier is crucial for successful shipping.
Clients should start by looking for carriers with a good track record of on-time deliveries and low damage rates. Handling capacity for specific shipment needs and ensuring they have the right equipment, especially for special requirements like temperature control, is important.
Of course, comparing quotes from different carriers to find competitive rates is also important. Finally, communication practices should be considered when looking for an FTL carrier. Clear updates throughout the shipping process is essential for staying informed.
Final Thoughts
If you operate a trucking business, then you may want to specialize in FTL shipping. It’s an easier service to offer, and it can be highly profitable if you serve the right industries. However, FTL freight is also competitive and requires targeting a market with more specific trucking needs.
If this is something you’re considering, you’ll need to start with the right commercial truck. Get in touch with us at Mission Financial Services For easy access to truck financing.