Whether you are moving partials by themselves or moving them combined this is probably one of the fastest growing sectors of the logistics marketplace. Large marks and partial loads are becoming more and more common in today’s less than stellar economy.
Many companies are holding back moving loads that are critical to production because they as a shipper or a end receiver do not want to move a partial at nearly the cost of a full load. In many cases the shipper will just wait until enough product is prepared to build out a full truck load.
Here is where the logistics expert or carrier comes in. We can build networks of freight and partials to both improve the shippers savings to a point where it’s comparable to cost per linear foot of a full truck load and also improve your profit per full load.
Freight consolidation is the future of logistics as we move into more economic uncertainty. Leveraging technology to source and combine partials with your own customer’s partials means you can build a full truck load quickly and save the customer time and money. On top of this combining partials means more profit for the broker or carrier performing the move. Partial and large mark prices are typically up to 2/3rds the price of a full load. You can shave cost off this to save your customer more money and combine several partials to improve your load margin.
In my experience I have seen 3-4 partials combined net up to 200% more margin per load! If you’re just looking for full truck loads you’re making a big mistake. Look for large marks and look for partials. The smaller loads may end up being your best friend after all…
PS. ComFreight is designed to automatically match potential partials and loads of all sizes to any space or trailer posting in the system. You can also search partial loads by using the new search feature by adjusting the linear feet and weight for load searches!
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