Transaction Logistics
What Is a Volume Freight Quote? Understanding the Difference Between LTL and FTL Shipping
Navigating the world of freight shipping can be challenging, especially when it comes to choosing between different types of shipping options. Two of the most common shipping methods are Less-than-Truckload (LTL) and Full Truckload (FTL). However, there’s also a middle ground known as “Volume Freight,” which often gets overlooked. In this blog post, we will explore what a volume freight quote is, how it differs from LTL and FTL shipping, and when it might be the right choice for your shipping needs.
1. Understanding Freight Shipping Options: LTL, FTL, and Volume Freight
Before diving into volume freight quotes, it’s important to understand the basics of LTL and FTL shipping:
Less-than-Truckload (LTL) Shipping
- Definition: LTL shipping is used when a shipment does not require the entire space of a truck. Multiple shippers share space in a single truck, and each pays for the portion of space their freight occupies.
- Benefits: Cost-effective for smaller shipments; ideal for shipments between 1 and 6 pallets.
- Considerations: Longer transit times due to multiple stops, and the potential for higher handling, which may increase the risk of damage.
Full Truckload (FTL) Shipping
- Definition: FTL shipping is when a single shipment occupies the entire truck. This method is ideal for large shipments or when the shipper prefers a direct route with no additional stops.
- Benefits: Faster transit times, reduced risk of damage, and suitable for large or time-sensitive shipments.
- Considerations: Higher cost compared to LTL shipping, especially for smaller loads.
Volume Freight Shipping
- Definition: Volume freight is a shipping option that sits between LTL and FTL. It is used when a shipment is larger than a typical LTL shipment but does not fill an entire truck. Volume freight quotes are often provided for shipments that require more space or weight than standard LTL but do not justify the cost of a full truckload.
- Benefits: More economical than FTL for larger-than-LTL shipments; potential for better rates on high-volume shipments without paying for unused truck space.
- Considerations: Requires careful planning to balance cost and efficiency; may still share truck space with other shipments.
2. What Is a Volume Freight Quote?
A volume freight quote is an estimate provided for shipping goods that occupy a significant portion of a truck but do not require a full truckload. Volume freight shipping typically applies to shipments that exceed the standard size or weight limits for LTL but are not large enough to need an entire truck.
Volume freight quotes are based on several factors, including:
- Shipment Size: Generally, shipments that range from 6 to 12 pallets or exceed 5,000 pounds but don’t fill a whole truck are eligible for volume freight quotes.
- Weight: Some carriers have specific weight thresholds for volume freight, typically starting around 5,000 pounds.
- Density and Dimensions: Volume freight rates consider the cubic feet and density of the shipment to optimize truck space utilization.
- Distance and Route: Similar to LTL and FTL, distance and route efficiency play a crucial role in determining volume freight rates.
3. Key Differences Between LTL, FTL, and Volume Freight Shipping
To understand which shipping method is best for you, it’s essential to know how LTL, FTL, and volume freight differ:
| Factors | LTL Shipping | FTL Shipping | Volume Freight Shipping |
|---|---|---|---|
| Capacity Usage | Shared truck space with multiple shipments | Full use of an entire truck | Larger portion of truck space, but not full |
| Cost | Lower cost for small shipments; priced by space and weight | Higher cost, priced for full truck usage | Moderate cost; cheaper than FTL for large shipments, but more than LTL |
| Transit Time | Longer due to multiple stops and transfers | Faster with direct routes and no stops | Moderate; may share space but with fewer stops compared to LTL |
| Risk of Damage | Higher risk due to multiple handling points | Lower risk with fewer handling points | Moderate risk; more handling than FTL but less than LTL |
| Best For | Small to medium-sized shipments, ranging from 1 to 6 pallets | Large or high-value shipments that require dedicated transport | Larger shipments that exceed LTL limits but do not require a full truck |
4. When Should You Choose a Volume Freight Quote?
Volume freight quotes are particularly beneficial when:
- You Have a Large Shipment: If your shipment is too large for LTL but doesn’t require a full truck, volume freight is the ideal middle ground.
- You Want to Save Costs: Volume freight can be more cost-effective than FTL for shipments that don’t fill a truck, as it avoids paying for unused space.
- You Need Flexibility: Volume freight offers flexibility in terms of cost and transit time, providing a balance between the cost-efficiency of LTL and the speed of FTL.
- You Need Better Transit Times than LTL: With fewer stops and transfers compared to LTL, volume freight can offer faster transit times, making it a good choice for urgent, mid-sized shipments.
5. How to Get Accurate Volume Freight Quotes
To obtain an accurate volume freight quote, consider the following steps:
Step 1: Choose a Reliable Freight Quote Platform
Select a platform that specializes in volume freight quotes and provides options from multiple carriers. For instance, LiveFreightQuote.com offers instant volume freight quotes, allowing you to compare rates from top carriers in real time.
Step 2: Provide Detailed Shipment Information
Ensure you provide precise details about your shipment, including weight, dimensions, pickup and delivery locations, and any additional services required. Accurate information will help avoid discrepancies and additional charges.
Step 3: Compare Rates and Services
Look for competitive rates by comparing quotes from various carriers. Some carriers may offer better rates or faster transit times for specific routes or shipment sizes.
Step 4: Understand Accessorial Charges
Be aware of potential accessorial charges, such as liftgate service, inside delivery, or limited access pickup. These additional fees can impact the final cost of your shipment.
6. Benefits of Using LiveFreightQuote.com for Volume Freight Quotes
LiveFreightQuote.com simplifies the process of obtaining volume freight quotes by offering instant access to competitive rates from multiple carriers. Our platform is designed to provide shippers with transparent pricing, real-time quotes, and an easy booking process, ensuring you get the best possible rates for your shipment size and route.
Conclusion
Choosing the right freight shipping method—LTL, FTL, or volume freight—depends on your specific needs, shipment size, and budget. Volume freight is an excellent option for shipments that are too large for LTL but don’t need a full truck, offering a cost-effective and efficient solution. By understanding the differences and using a reliable freight quote platform, you can make informed shipping decisions and optimize your logistics strategy.