Partial Truckload: The Ultimate Guide to Saving Up to 35% on Shipping Rates.
In the world of shipping and logistics, businesses are always looking for ways to maximize efficiency and minimize costs. Enter Partial Truckload (PTL), an often overlooked but incredibly valuable shipping solution. Not only can PTL help you navigate the gray area between Less Than Truckload (LTL) and Full Truckload (FTL) shipments, but it can also save your company a significant amount on shipping costs. In this guide, we’ll explore what PTL is and how leveraging it can save your company up to 35% compared to FTL.
What is Partial Truckload (PTL)?
Partial Truckload sits in the unique space between LTL and FTL. LTL typically involves smaller shipments that don't need a full trailer, while FTL occupies the entire truck. PTL, as the name suggests, occupies a partial portion of the trailer - more than an LTL but less than an FTL.
Benefits of PTL Over FTL:
- Flexibility: Unlike FTL, where you pay for the whole truck regardless of how much of the space you use, PTL allows you to pay only for the space you occupy. This offers flexibility for businesses that have shipments that are too large for LTL but too small to justify the cost of an FTL.
- Cost Savings: By paying only for the space you use, you can save considerably on shipping rates. In many cases, businesses find they can save up to 35% when opting for PTL over FTL.
- Reduced Handling: PTL shipments are typically handled less than LTL, which reduces the chances of damage or loss. Since there are fewer stops and less offloading, your cargo remains more secure.
- Faster Deliveries: With fewer stops than LTL, PTL often results in faster delivery times. This is especially beneficial for shipments that are time-sensitive but might not fill an entire truck.
Why Isn't PTL Always Considered?
Many businesses are unfamiliar with the benefits of PTL because it's not always offered as a standard option by all carriers. However, 3PL providers, with their vast network and resources, can often find the best PTL options tailored to a company's specific needs.
Conclusion: Making the Right Decision for Your Business
In the competitive landscape of logistics, companies should utilize every option available to optimize their shipping. For businesses floating between LTL and FTL shipments, PTL offers a golden middle path that combines the best of both worlds.
By understanding the potential of Partial Truckload, companies can make informed decisions that not only ensure their goods are delivered safely and promptly but also lead to considerable savings. So next time you’re evaluating your shipping options, consider the benefits of PTL and consult with your World Transportation Services representative to find the best solution for your business.
