Posted on June 16, 2019
There are pros and cons when using LTL as a shipping mode. Perhaps the simplest way to look at it is from a time vs. money perspective. Shipping via LTL is much cheaper than the full-truckload (FTL) alternative, but you sacrifice visibility and timeliness. Several indicators show that LTL is trending up in a big way in 2019.
The first contributing factor to LTL’s predicted success in 2019 is the growth of E-Commerce. As we all know, more and more people are doing their shopping online instead of in person. This means that an increased amount of pressure will be placed on LTL carriers to accommodate. In order to do this, they will need to increase their capacity of trucks and drivers, which leads us to the next point.
The trucking industry as a whole has been hit hard over the last year with driver shortages. Talented drivers are starting to move to other fields and there are several things that factor into this. Bottom line is that carriers are desperately trying to attract more drivers, and LTL companies are in a unique advantageous position. When an FTL company is trying to recruit a driver, they are doing just that. When an LTL company is trying to recruit a driver, they are doing something a little different; they are recruiting team members that serve as dispatchers, packaging specialists, dock workers, and of course drivers. For this reason, working for an LTL company is a much more attractive option for someone looking for work in this field.
2019 is shaping up to be a very interesting year for trucking, especially LTL. With the way things are headed, shippers will be forced to rethink the modes of transport that they’ve been using for years.
Contributor: Wes Batson
About Allyn International
Allyn International is dedicated to providing high quality, customer centric services and solutions for the global marketplace. Allyn's core products include transportation management, logistics sourcing, freight forwarding, supply chain consulting, tax management and global trade compliance. Allyn clients range from small local businesses to Fortune 500 firms. Allyn conducts business in more than 20 languages and has extensive experience in both developed and emerging markets. Highly trained experts are positioned throughout North and South America, Europe and Asia. Allyn’s regional headquarters are strategically located in Fort Myers, Florida, U.S.A., Shanghai, P.R. China and Prague, Czech Republic. For more information, visit www.allynintl.com.