31 Mar, 2021
Usually, logistic companies choose Less than Truck Load (LTL) shipments because it is effective when there is no need for them to ship a full truckload. However, for many companies, LTL shipments can be a reason for losing money if the shipment is not taken care of. Many companies can easily lose money due to LTL shipments around the world, or even domestic, which can be stressful without having any proper knowledge and assistance. If these shipments are not executed carefully, it can be perilous. But companies and their customers can avoid such pitfalls if they read below the top most common LTL shipping mistakes and how to avoid them.
The Bill of Lading (BOL) is a vital piece of document for, both, shipper and the receiver. It possesses all the important details that a carrier and the driver need to process and invoice the LTL freight accordingly. Many a time it happens that the shippers will either mention an inaccurate quantity of the commodity on the document, wrong commodity description or fail to inform the carrier about the hazmat. Therefore, it is highly important that the BOL carries all the details of the LTL commodities that are requested to being shipped by multiple customers. All of the above-mentioned mistakes can lead to high expenditure and can be avoided by double-checking the freight and filling the information carefully or have someone else do it for you. While this seems tedious work, it is better than having to pay the cost for the inaccuracy mentioned on the BOL.
There are a lot of documents that the carriers need to carry with them when they are delivering the LTL freight out of the border, or even in the territory. Any sort of document bearing mistakes in the information regarding LTL commodities comes under this category. Few instances of the important documents needed for LTL shipments are the Weighing and Inspection Report, POD, BOL, Freight Bill, etc. Shippers need to provide the correct information in the form of a document, the absence of which will lead to hindrance in the proper delivery of the commodity on time. Therefore, it is essential to check the documents before the shipment leaves for delivery.
Double-checking everything must become one’s habit when they are in the logistic business. Confirming your address and the receiver’s address is highly suggested before any shipment is scheduled. Due to the involvement of multiple addresses in LTL shipment, the process becomes highly complicated. Therefore, this makes sure that there is no misunderstanding, miscommunication, extra costs, and stress.
The shippers must always collect their commodity dimensions, weight, and density. It will be even better if the dimensions are certified. Many of the shippers make the mistake of always guessing their LTL freight’s details, which is a big no-no. Checking all the details on a prior basis will help the shipper refute any claim since they will have their dimensions to refer to. Also, keeping a Weighing and Inspection report before the carrier goes out on for LTL shipment is a must.
Since LTL shipping aggregates smaller shipments from multiple shippers and transports goods to their final destinations by organizing and sometimes reorganizing shipments at terminals, it becomes highly mandatory for the freight to be properly packaged. In the LTL shipment, the commodities are highly prone to damages and a lot of companies fall prey to the damage claims filed by the receivers. Therefore, it is suggested that the shippers load the freight onto palettes or crates.
Using a pallet for your LTL shipment is always a better option than paying a huge amount of money when the freight is damaged. Palettizing your shipment can take a little more of your time but it ensures that the freight will be safe and will reach its proper condition like when it left its origin. Using pallets or skids for your LTL commodities will endure the security of the shipment.
Accidents and mishappenings are evident in the world of logistics. Having your LTL freight insurance, however, makes sure you do not lose a huge amount of monetary possession to such catastrophes. If your LTL shipment is not properly insured, any calamity like natural disasters, traffic accidents, and theft can end up making your company lose thousands. The only way to be secure and truly protected is to have your LTL freight insured.
Once the freight is shipped from its origin, the shippers usually forget about inspecting the status of their shipments, thinking everything will be fine once the freight is on the road. The problem is, the main difficulty for the shipments begins when it is on the road. Shippers are highly suggested that they keep a track of their cargo so you can make sure it reaches its destination on time. Favourably, LSI World works with its carriers and offers a pallet-specific tracking to its customers so that they exactly know where their shipment has reached, anywhere around the globe. This helps us in getting notified about the status of the shipment.
Always remember, when it comes to logistics, ignorance is not always a bliss. It is highly important for, both, shippers and receivers to have deep knowledge and information about their freight on road and how to deal with a predicament. However, LSI World makes sure that it is very little to no chance of things going awry. But even if you do come across such a difficult situation, you will now know how to deal with it.