The main goal of any business is to offer quality services at a rate that is pleasing to the customer and profitable to the owner. Once you get into a good groove and have a steady client base, your next goal will naturally be to increase the size of your business. To grow your business, especially in the LTL shipping truckload field is no easy feat.
Improving Your Logistics to Grow Your Business in LTL Shipping Truckload
There are many challenges you will face when trying to grow starting from tough competition all the way to staying staff enough to keep up with your growth. One effective way to help grow your LTL shipping truckload business is by improving your logistics.
How Can 3PL Boost Your Growth?
No matter how good of a manufacturer, idea maker, or seller you may be, your supply chain and logistics are what will make or break your business. Understanding logistics can be confusing. However, improving this area by working with a third party can greatly aid your business growth. A 3PL logistic service company can help take the stress off of your in-house team and boost the efficiency of your logistics branch. This type of service company will manage all of the elements of your supply chain so you can spend time improving your products or services. When your logistics are in order, growth will occur naturally. A 3PL will manage your transportation tracking and tracing, supply chain management, transportation, and even your fulfillment, if needed.
Logistics & Truckload Shipping
The LTL shipping truckload business can be highly profitable. On the other hand, it is also highly competitive. A lot of businesses who start out strong end up failing while others who are able to maintain a steady pace have trouble with growth. The right knowledge and abilities with take you some of the ways, but improving your logistics is what will put your LTL shipping truckload business on top. There are a few ways that we have found that are effective in helping businesses grow by making their logistics more efficient.
Keep It Simple
If you have been in the business for a while, you know the difference between full truckloads and less than truckload shipments. For those just starting out, sorting out LTL and FTL may be a bit tricky. With LTL you basically combine a few different customers shipments into one truck. Your clients when then be charged based on their individual shipment weights as opposed to a full truck. If you bill your client according to space, then they only will be charged for the amount of space they use. This is a great option for smaller companies that need big business shipping but doesn’t have the inventory to fill up a truck. You can grow your business but targeting these types of clients in particular, while still turning a profit with slightly slower delivery times. It is important to keep things simple when bundling multiple shipments. There is a larger margin of error for mistakes and missed drops.
Create Effective LTL Rates
Your shipping service rate for LTL services are what your clients will be most interested in. Businesses that are unable to fill a whole truck are most likely also looking to stretch their investment and shipping dollars as much as they can. Make your rates affordable enough to grow your client base, but high enough that you make a comfortable profit after paying your operating cost. Keep in mind that a lot of people are targeting LTL clients, especially during the current production and sales slowdown worldwide. Add on some extra services such as odd hour pickups, real-time tracking, and of course, superior customer service.
The Junction LLC | Truckload Shipping
As a leader in the transportation industry, we demand excellence from our entire team. Our team at The Junction LLC strives to deliver the best possible customer service and by a desire to solve our customer’s toughest transportation and supply chain needs.
Our team is dedicated to serving our customers and will take the necessary action to deliver our customers’ products safely, efficiently, and on-time. This is our promise to you!
Nationwide Services include:
- FTL (Full Truck Load) Shipping
- LTL (Less Than Truck Load) Shipping
- Transportation of refrigerated, dry and bulk shipments
- 3PL Warehousing and Logistics
- Contract Warehousing
- Trucking Freight Brokerage
Trucking & Freight Shipping Services:
- Time-sensitive shipments
- LTL (Less-Than-Truckload)
- FTL (Full Truckload)
- Flatbed LTLRGN (removable gooseneck lowboy)
- RGN (removable gooseneck lowboy)
- Maxi’s / A-Train / B-Train
- Heavy Haul
- Over Dimensional
- Dry Van
- Dry Van LTL
- Refrigerated LTL
- Power Only
- Our sister companies can also provide warehousing in our food-grade facilities, cross-docking, and contract warehousing.