Companies with substantial LTL freight budgets are looking for ways to lower expenses and boost service efficiency. One strategy gaining traction is the consolidation of Less-Than-Truckload (LTL) shipments into multi-stop truckloads, which provides cost savings and a variety of operational improvements.

• Cost Savings: On average, Synchro clients have seen a reduction of 5% to 15% in their LTL spend.
• Indirect Savings: The consolidation process leads to fewer labor hours spent on handling pallets for LTL shipments, translating into significant labor cost savings.
• On-Time Tracking Improvement: Tracking a single truckload is simpler and more efficient than monitoring multiple LTL shipments, leading to better on-time delivery rates.
• Yard Efficiency: With fewer trucks entering and exiting the yard, businesses can experience a smoother flow of goods and reduced congestion.
• Claims Improvement: By minimizing the handling of freight and avoiding LTL cross-docks, the risk of damage during transit is significantly reduced, leading to fewer claims.
• Environmental Savings: Consolidation results in fewer trucks on the road, which in turn reduces carbon emissions and contributes to sustainability efforts.
• Savings in Refrigerated Freight: For businesses dealing with refrigerated goods, LTL consolidation can lead to savings of over 20%, making it a highly cost-effective option.
• Leverage with LTL Vendors: demonstrating that you can remove freight from higher-cost vendors leads to discussions with the vendor about lower costs and a better partnership.

By embracing LTL consolidation, businesses can not only enjoy substantial cost savings but also contribute to a more sustainable and efficient supply chain. Synchrogistics has the experience and team to implement an optimization program for you. Reach out to us for a free optimization assessment.