The trucking industry provides a significant role in the United States economy by transporting goods and materials between manufacturers and consumers. In fact, trucking services move 70% of all cargo across the country every year, making it essential to businesses that rely on this type of transportation.
In addition to moving goods, trucking service companies also provide a range of logistics services for their clients, depending on the specific requirements of each client. Using these services will help you manage your freight efficiently and effectively.
Common Types of Trucking Services
There are many types of trucking services, and each type has its own set of benefits and limitations. It is important to understand each one before deciding on which one to choose for your business. This will allow you to find the best option for your needs.
Full Truckload (FTL) – This service involves transporting your goods on a truck that is completely dedicated to your shipment. It is an ideal option for large quantities of goods and allows you more control over timing and shipping routes compared to partial truckload services.
Partial Truckload (PTL) – This service is similar to FTL, but a portion of the truck is dedicated to your shipment. This service is also an economical way to ship small quantities of goods, but it does not provide you with as much control over timing and shipping routes.
Flatbed Trucking – A flatbed truck is designed to carry items that are easy to load and unload. This type of truck is also an excellent choice for delivering heavy equipment and other machinery.
Owner-Operator – This is an independent contractor who has a fleet of trucks that he or she owns or leases. This type of trucking service offers a number of benefits to drivers, including the ability to work longer hours and better pay than a regular employee.
LLC or C-Corporation – This is a type of business structure that protects owners from personal liability in the event of a lawsuit. It is a popular choice for many trucking companies because it reduces the costs of running a fleet.
Tachograph – This is a device that is used in the cab of a tractor to record the miles driven, number of stops, and speed during a trip. It is used to verify compliance with regulations and improve the safety of drivers.
E-Log – This is a computerized system that enables trucking companies to track the miles driven, hours of service, and other factors by its drivers. It improves the efficiency of their dispatching process and increases productivity.
EDI/EDII – Electronic Document Interchange is an electronic system that lets carriers exchange information about their shipments with other firms. It is an efficient and cost-effective way to share freight-related documents like bills of lading.
Safety Bonus – This is a bonus paid to truck drivers who are considered safe and responsible. It may include fuel discounts, health and safety programs, and other perks to reward drivers who are safe.
