Of course, the biggest advantage and most positive thing is – money. On average LTL Freight is paid 20% more compared to the dry van loads. You would agree that is a lot of money especially if you take a look at that sum in the entire year.
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Besides the money, you get to have the chance to work with a lot of different people and companies. You make a lot of pickups and deliveries and interact with all kinds of companies all over the country. That is a great chance for business development.
Carrying LTL freight is a great platform to meet clients directly and to get into the negotiations of maybe getting a direct contract. I’m sure all of you know what this means and how profitable just one of those contracts could be for your trucking business.
This way you are avoiding those middle guys (brokers) that no one is really fond of them. But please be careful when you start thinking in this direction and start your action plan to get the contract in place. Consult with your lawyers and see if there any possible legal issues if you get a contract with the client directly. In some cases, brokers can file legal charges against you so please be careful.
Conclusion
Operating in the LTL Freight arena can be really good and profitable for every trucking company. It just takes some time to prepare everything in advance and have the system in place and procedures. Who is doing what in every situation? After you solve all of those things and get ready for business after some period of time this will be like operating a Dry Van’s or any other type of freight.
