LTL or FULL LOADS? Are Less than Truck loads WORTH IT?
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- Опубликовано: 18 май 2024
- Is It Worth Booking LTL In 2024?!
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With rates plummeting it is not uncommon to have limited FTLs available to return to your backhaul.
What is the difference in rates between hauling a full load vs LTL? (less than truck load)
Join Ronen as he explores the difference between booking a full load vs LTLs, booking four or more loads in a single trailer, and mapping the route to determine whether or not booking LTLs is worth it!
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📚 Chapters
00:00 Introduction
00:56 The ET Workspace for Bookings
01:59 How We Organize LoadLink
02:39 Booking Around Your Main Load
04:23 How Would The Driver Be Dispatched To Pick Up All LTLs
05:18 Our Key Success to Booking LTL: DAT Special Features
08:25 Why Do We Have These Features But You Don't
08:41 Gross Earnings
08:54 Is Booking LTL Worth It?!
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I am a retired driver with 40 years under my belt. I drove for Jevic Transportation for 10 years and then New Century for 5 years. We always had around 10 to 15 stops on a trailer and maybe 5 or 6 pickups on the way to the nearest terminal. I can tell you LTL pays much better than full truckload. It's a whole Lotta work. We were based out of Delanco, N.J. and Willingboro, N.J. You had to be a damn good driver to be with Harry. I can honestly say Jevic was probably the best trucking job in the country.
Good video,informative.thanks..keep em coming.
Thanks for watching, will do!
Great video. Please do a flatbed ltl, which should be easier since you don't have to worry about positioning on the trailer.
This is high level really exciting stuff especially being able to leverage your own P&D in Atlanta. Hoping all goes good at the border.
He didn't tell how long it took. Customs paperwork. Delays. It's not easy.
To do six pick-ups, a highway driver will need at least 1.5 days of rest depending on the shipper. Companies normally pay an additional $50 for the pick-up. This means that the driver was meant to complete the journey in 1.5 days with all 6 pick-ups, but he is currently finishing in 3 days. For example, if I start my trip on Sunday to go to Georgia for Tuesday delivery and then pick up all LTL by Wednesday afternoon, I will return to the terminal by Thursday late or Friday morning and be done for the week.(The rest is subject to customs clearance). So, effectively, the firm made money but not the drivers. He did not deduct the money for local city costs plus hwy driver costs for each stop / cross dock charges (if necessary), and the hwy driver will miss his next trip because there will be no deliveries over the weekend.
LTL has always been the way to go. There are the odd and few times that you will get an extremely great pay on a full load. But LTL a driver and make more cash for both owner and driver.
We agree! Unfortunately, everyone in the comments seems to think that we're overworking the driver on LTL and "killing" their week
@@NorthAmerican-Trucking-News Well I am not quite sure how others may think that. Most operations pay their drivers a good premium for each P/U after the first one. Not sure what your company does but that has always been the norm for all the years my husband drove highway.
Love it I should send that video to my old boss at Jovan transport!
Haha, if you do, let us know what they said!
Silence radio 📻!
What about the driver 😢
These load pickups are meant for a driver that is in his first week of trucking and I pity him. No experienced driver would take these.
If he wants money then he’ll do as he’s told
This is best for owner operators.
Its P&D local pay for driver.
Great idea. Pay driver hourly
I believe there's a reason ET transport can afford to buy new trucks and O/O's can't
I really enjoy your videos and the knowledge I get from them I'm a driver but I like seeing what the company owners and dispatchers have to deal with I do believe their job is more difficult than the drivers I just put on some tunes and drive and if I don't have a load then I'll just play video games watch movies or explore wherever I am
Haha, thanks for watching!
WOW! This was an amazing video!!!
Glad you liked it!
RonEn, please do a video about TEAM freight.
Looking to start running coast to coast.
Thanks in advance!
What about them specifically?
Thanks for your videos!
Thank you for watching them!
Last company I was in, they had gotten used to make me do 1 or 2 pick ups and 4 drop offs. This one time they mad me do 2 pick ups and 5 drop offs!! Chicago to all drops around S. Carolina. It took me 3 days to unload everything finishing on a Friday and then had no load for the weekened. I quit that job because of that. This was reefer , so if it were dryvan might have been quicker. But if you take into account the amount of time I lose doing all those stops vs driving a full day, it makes absolutely no sense for me to be doing all those stops. The biggest issue for me in this type of job is the amount of time I lose in all these Shippers and receivers.
from the driver side minimum $100 per (on or off)stop pluas milage
100$ to load 2 pallets? Dang
In terms of profitability, you have to calculate against an empty retour, if you don't have a load on your retour it also costs you a lot of money, so for a retour a LTL should always be profitabel unless the costs for additional time, additional fuel are covered (By the assumption your alternative is getting the truck back empty otherwise).
You’re a Kool Dude, Ronen!! Thanks!!!
I appreciate that!
Time is money. If you take too long to do it and it cuts into next week's revenue you didn't gain anything. I did a load of nursery stock that had 13 drops but still paid way above the regular amount the the truck would make that week.. I guess keep in mind total revenue per week and if you can be set up for your next ttip Anything that causes a truck to lay over for the weekend or to miss a load trying to get empty is a killer
I do a lot of LTL freight. Works for me
I hear you!
DAT & Loadlink… what are your thoughts on DAT & TruckStop?
How do you pay your drivers on LTL loads? That could be a video idea
We'll definitely consider that!
Real LTL the driver picks up and delivers all stops. There’s a lot to it. It’s a lot of work. It pays well but you earn it!
Yup!
DAT have does features that tell you how much you making per miles and it is free, if you're making over 3 bucks a miles picking up does load may worth it but if it less than that every one would have to do their math's because you just involved 3 trucks with 3 drivers
Yeah, but LoadConnect integrates with ALL your loadboards. If you only use DAT, it's not for you. We use multiple.
Pennsylvania, PA, Albany, New York
Very interesting. Please do more like this
We definitely will!
Nice!!
what pay does; the driver make per pickup .....plus any delay at a stop ????
remember Canadian O/O make a dollar ninety a mile
Hey Drivers and especially O/O! Anytime you hear “LTL”, it’s time to find a different job! Unless…..at least $1500 a day, to the truck, for an O/O, $500 for a driver from the time of dispatch! Doesn’t matter what gets picked up or delivered!!!
when I was O/O leased on I was happy with LTL. Now own authority and LTL still fun and worth moneywise.
Sounds easy. Buts it's more than a click.
❤
LTL is king for the smart ones.
No one else agrees :(
Personally as a driver I’d be pissed with anything more than two stops
That is a lot of work for a little bit of money for the drivers
Contextually, he could've did far less work and barely make anything at all.
Wish he would have kept this quiet. Too many of you ya-hoos gonna drive the LTL rates down now trying to put them together. Ffs. 🤦♂️
We mostly do contact work
Dude ltl are not a secret thing. Everybody is aware of them. Thry just don t do them since they re a pain in the ass
This is not practical for a single truck o/o.
How so?
@@NorthAmerican-Trucking-News - as a single truck o/o, stringing up partial loads to the direction you want to go is not practical on consistent basis.
You sitting at your office and stringing up partial load is not the same as a guy doing the driving and looking for partial loads in the direction you are going.