In the case that your product is ready to hit the road for delivery, but you can't justify the cost of a full truckload, what can you do? It often comes down to the lesser of two evils: ship via less-than-truckload (LTL) or wait to build a full truckload and risk missing retailer requested arrival dates (RAD). Another option is freight consolidation services (or "load consolidation services"), in which your load "shares the ride" with those of others like it. But the question arises, what actually the freight consolidation services are? Well, to know that, you have come to the right place. In this blog, you will get to know about freight consolidation services, their benefits, and a lot more. You should keep reading this post until the end. Let’s start:
The Basics About Freight Consolidation Services
Imagine you're heading to the airport at the same time as several of your neighbors. Are you more likely to spend the money, time, and energy to drive there separately or to hire a van to transport everyone? For those who choose the latter option, freight consolidation becomes a no-brainer. A freight consolidation service is also available to companies whose products are not stored in a shared warehouse. When this occurs, loads can be picked up en route and added to the consolidation program. Therefore, this is what freight consolidation services are. Now, let’s see what are the advantages of availing these services.
Advantages of Freight Consolidation Services
Additionally, to save time and money, load consolidation has several other advantages. These benefits are:
Optimal service levels
Some third-party logistics companies specialize in freight consolidation, enabling their associates to develop expertise in your products and routes and to build relationships with the pool providers handling your last-mile delivery.
Fewer touches
By consolidating your loads, your products are only touched twice before they arrive at their destinations. The first time is by the 3PL, and the second time is by the pool. Alternatively, an LTL shipment could be handled by more than one truck - and therefore more than one touch - during its journey, which increases the possibility of damage.
Quicker delivery times
You will avoid the time necessary to build a full truckload yourself, as well as experience quicker delivery times as freight consolidation services typically involve no stop-offs (again, only one may be required for an extremely large order; LTL may require multiple stops). Load consolidation, on the other hand, typically takes 3 days for a cross-country shipment, whereas LTL usually takes 6-10.
Sustainability
When you use one truck instead of multiple trucks, you reduce carbon emissions and congestion.
Visibility into your order
3PL systems (e.g., TMS and WMS) provide real-time visibility into the location of your order as well as notifications upon delivery.
Pricing simplicity
As a 3PL consolidating your load, you can rely on simple straightforward pricing instead of complex algorithms to determine how much your LTL carrier will charge. The mileage and weight of your load determine the rates. Whether you're shipping paper clips or end cap displays, you can find out what you'll pay easily.
Wrapping Up
The above-mentioned benefits of availing freight consolidation services must have helped you in understanding the entire concept. So are you convinced to avail these services? To get the best and most affordable services, you can contact the expert team of PowerHouse LV. We being leading shipment consolidation service providers in logistics are available 24/7 to assist you. So what are you waiting for? Get in touch!
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