Indian logistic industry is the most important and key contributor to the functioning of several allied industries in the private and public sectors of the nation. It also plays a crucial role in government bodies in enhancing the overall operability, there are several branch concepts to be understood in the logistic arena and knowing them better helps any business to make a sound decision in choosing not just the best, but also the suitable logistic service provider for them. Here we will be looking at the Full Truckload and Less than Truckload concepts, giving the users a fair idea of choosing the right one to ship their cargo.
When the logistic players or shippers have freights that are not up to the full capacity (53′ trailers), they opt out for Less than truckload (LTL). Several LTL loads are clubbed together, and they fill in that single 53′ trailer to carry out the shipment. Once the shipment reaches a port the LTLs are separated and distributed to their respective cross-docks according to their regions and then it is taken care of by local delivery partners. Being the leading logistic player in India, V-Trans provides the best and most exclusive logistic service according to their client’s needs.
LTL is technically termed as the hub and spoke model on which we can discuss a lot more in-depth concepts, but when we are about to get into a comparison with a Full truckload, it is better to stay with this introduction. In the case of LTL, large shipping players can carry out their consolidation since they will be using dedicated Transportation Management Software (TMS) that takes care of freight route, and costing factors and provide them with the best and most cost-effective freighting plan for their shipments.
Freight consolidation is a logistic strategy used in LTL, where several LTL gets clubbed together and form a single intermodal truckload which gets split up when they are about to be delivered to a particular locality of a region. The expedition is another logistical strategy under LTL, but it is comparatively expensive hence it is better to improve the team coordination and remain with the freight consolidation approach.
Full Truck Load (FTL)
Truckload or full truckload is the biggest one in logistics for moving goods between source and destination. It holds only 46.4% of the market share and is highly preferred since it transports a bulk volume of goods at a quicker speed. Transporting an FTL freight first undergoes typical configuration and then stretch-wrapped in pallets. The logistic players also use floor loads or slip sheets to load the cargo.
Using this approach makes way to create more space and hence more cargo can be loaded. Technology plays a crucial role here, and despite the size of the freight service provider, it is about the way they deliver the logistic service to their client’s matters. The truckload can directly be used, but the only setback is the limitation in the usage of a total number of motor carriers. Handling the technology and the staff in the business will be the key and it defines the best logistic services in India when it comes to FTL.
FTL or LTL
There is no standard procedure or guideline in choosing between FTL and LTL, and it all depends on the business requirement and availability. If there is no full load, then it is better to opt for LTL where a combination of large groups of minimal cargo are clubbed and shipped to a different destination, whereas the FTL transport a single bulk order solely from source to destination. V-Trans provides the best logistic service, FTL or LTL, according to our client’s operative mode and business needs.