Moving Aggregated LTL Shipments Through Full Truckload

The sector of less-than-truckload (LTL) has an estimated value of $65 billion a year in the United States. Roughly 165 million LTL shipments are moved by trucking and logistics providers like Titan Transline across all of North America. However, it is apparent that LTL is often compared to the more efficient and larger truckload industry.

When comparing key service parameters, LTL on-time delivery rate is only 50%; whereas, full truckload has 96% delivery rate. LTL’s pick-up rate is at 70% while the full truckload sector has achieved more than 96%. Additionally, freight moved through LTL is 18 times more likely to be damaged.

In order to bring higher quality to the LTL segment, shared truckload has been introduced. This is a concept where freight that is shipped through LTL is pooled together and sent via full truckload. Freight from different shippers is aggregated together in a full truckload trailer and arranged based on the first come, last out system. This will ensure that the freight that was loaded last will be unloaded first to prevent other cargo from disturbed during the journey.

The LTL freight industry usually moves through the hub and spoke model which is more expensive to operate. If freight from different shippers is aggregated and shipped together, high capital expenditure will be avoided. Besides that, the simplicity and higher quality of full truckload will be shared to the LTL shipper.

In the traditional market that relies on supply and demand, demand comes from LTL while supply comes from the full truckload sector. The cost of moving a truckload of LTL freight is about half the cost of moving the same freight through conventional LTL. It is expected that shippers will be willing to pay the prices required by LTL as long the shipment is moved through shared truckload within a full truckload container. Service quality will be higher as well as hauling efficiency.

Both LTL and full truckload are offered by Titan Transline for your goods. Accurate tracking and real time reporting will ensure that your goods will arrive on time at their highest quality. LTL shipments that are handled include small volume loads, ecommerce shipments, manufacturing supplies, dry goods like textiles, temperature-controlled goods, etc.

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How The Pandemic Affected Freight Trends

When national average rates for van, refrigerated and flatbed trucking entered August, they were near the high marks for the year. This was the result of Covid19 pandemic that has disrupted the global supply chain. It pushed more freight to the spot market at a time when demand for truckload capacities often decline.

At least 8.6% more loads were posted by shippers and freight forwarders for the week ending August 2 while the number of truck posts went down by 8%. Load-to-truck ratios have increased in all the 3 equipment types week over week. Van ratio was at 5.2 after the average 4.4 in July. Average reefer ratio was 9.0 last week which was the highest point in the last 2 years. Flatbed ratio was well ahead of last year at 30.6. Load-to-truck ratios measure the number of loads available against the number of trucks available on the DAT One load board network. DAT Solutions operates the trucking industry’s largest load board network.

In July, national average spot rates for vans was $2.04 per mile which is 24 cents more than the rate in June. For flatbed, the national average spot rate for July was $2.20 per mile which is 13 cents more than that of June rates. For reefers, it was $2.30 per mile which was 15 cents more than June rates. Last month, the average spot van rate was 10.6 higher than July 2019. Rates were also higher for reefers and vans as the industry entered August.

The coronavirus pandemic has significantly affected the demand for certain types of produce. Higher volumes of citrus fruits and leafy greens resulted to a tighter capacity in Southern California particularly Salinas Valley. Volumes of produce on their entire state were up but there is still uncertainty due to the struggling restaurant and food service industry.

A trend to be watched is the surge of imports for home improvement and other stay-at-home products. Building materials, oversized construction equipment and manufacturing components have to be transported through flatbed trucking that can be loaded quickly through forklifts. Loads are secured by using flat webbing straps that are tightened by a ratchet.

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Port Douglas Shuttle Service Shifting Focus

One of the first businesses to provide Cairns to Port Douglas shuttle services to travelers, Adrenalin Transport, will be shifting its focus from daily shuttle runs to instead prioritize tours and medical services.

According to Adrenalin Transport owner, Mark Wallace, the business is due for a change of pace following half a decade of operating in Port Douglas and surrounding areas, providing Cairns to Port Douglas shuttle services to travelers in the area.

Wallace says that the change in direction for the business is a business move made to keep the business running as many other companies provide the service that his company provided in the five years of its operations, one that’ll be good for the long-term existence of Adrenalin, but one he considers bittersweet, all the same.

The business owner says that, since he took over the business, he’s made a lot of friends handling daily shuttle runs, and that, with these changes, he won’t be able to see them regularly anymore, which he finds sad.

Wallace describes Adrenalin as the first Uber, before Uber was even a thing, which really helped him, he says, get to know the area and the people living there via his shuttle business.

Adrenalin has undergone a few changes in focus over the years, though few as notable as this one, even managing to win some awards and accolades over the years, proving itself as a lucrative business.

That same success, however, attracted the same competition that made the company shift gears, with Wallace saying that the market is now saturated, with a lot of shuttles charging the same as it was half a decade ago, which he describes as problematic due to the fact that rising fuel prices made continued operations difficult.

Adrenalin Transport is working to get funding from the local government for tours, as well as increasing their focus on providing transport to patients in Cairns in need of medical specialists, with Wallace describing the change in focus as embracing personal service as a business philosophy.

Adrenalin is still available for charter for events, like weddings and Christmas parties, and will still be running the overnight trip from Mossman to Cairns, complete with return trip, which they recently introduced earlier in 2019.

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5 Benefits Of Recycling Waste

Reduce, Reuse and Recycle are the 3 R’s in waste management. Apart from reducing the amount of consumption and thereby the amount of waste generated, and reusing stuff, recycling waste is the need of the hour. Recycling waste helps to decrease the amount of junk that is dumped in landfills and also protects the environment.

Waste management companies across the world and junk hauling Orange County agencies, prefer to recycle waste materials because it offers the following benefits.

  1. Conservation of natural resources

Recycling waste items helps us to conserve our finite natural resources. For example, recycling paper helps to conserve forests, recycling plastics conserves fossil fuels, recycling metals eliminates the need of mining and recycling glass conserves resources like sand.

  1. Protects Wildlife and Ecosystems

Recycling waste products reduces the need of new raw materials. This will in turn reduce the need to exploit natural resources. We can save wildlife and protect the ecosystems as recycling lessens the disruptions to the environment. As the demand for new raw materials reduces, the forests, rivers, oceans etc. are protected from damage.

Recycling will also protect the vulnerable people, who live near the forests and rivers. The demand for new resources effects people the most. The poor people living near forests and rivers are displaced and evicted from their natural habitats.

  1. Saves Energy

Sometimes manufacturing different products from recycled materials consumes very less energy, in comparison to manufacturing them from new raw materials. For example, recycling aluminium consumes 95% less energy when compared to making goods from new raw material, in the same way recycling steel saves 70% energy and recycling paper saves 40% energy.

  1. Slows Down Climate Change

Recycling waste has many advantages and slowing down climate change is the important of them. Recycling old materials reduces the need to source and process new raw materials. Recycling also reduces the amount of waste dumped in landfills, thus decreasing the amount of pollution. Hence reduction of emissions and reducing greenhouse gases helps to control the disastrous effects of climate change.

  1. Creates New Jobs

Recycling can help to boost the economy by creating new employment opportunities. Recycling will turn waste into valuable material and provide jobs for many people.

Recycling offers a number of benefits apart from protecting our planet from harmful pollutants. Many junk hauling Orange County firms and waste management firms opt for recycling waste as it is eco-friendly and saves costs.

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