The Different Types of Trucking Services
The trucking industry is an important part of our modern lives. Whether we are buying a new car, shopping online or even getting our groceries delivered to our doorsteps, the trucking industry plays an essential role in many aspects of our daily lives.
The trucks used in the trucking service move freight from point A to point B over land or water. This service allows for cargo to be shipped quickly, safely and economically.
This method of shipping is ideal for shipments that are large or fragile and require special care during transport. There are a number of different trucking services available to businesses and consumers, each of which offers a variety of benefits.
Less than Truck Load Carriers
LTL is short for less than truckload and refers to the transportation of freight that does not require the use of an entire trailer. This type of transportation is typically used when freight weighs between 150 and 15,000 pounds.
Common Carrier
This is a form of for-hire trucking that serves as an alternative to the traditional logistics industry. A common carrier can be a company that transports general commodities over set routes or an individual shipper who signs contracts with a specific trucking company to move their products.
When choosing a trucking company, you want to make sure they offer the service that best meets your business needs. This includes your budget and the geographic area that you are shipping goods to. You also want to make sure that the trucking company you choose is experienced and knowledgeable in the logistics of your industry.
Depending on your company’s logistical needs, you may want to consider the following types of trucking services:
White Glove Services
These specialized services include the transportation of items that require extra attention because of their size or value. These companies will come to a designated location, pack and install the item for delivery to the final destination. They often charge more than regular services but they will provide the extra care that your cargo requires throughout the transport process.
For-Hire Trucking carriers
These trucking companies are typically used by commercial and residential shippers who need a reliable partner to move their products. The majority of these companies will ship to multiple locations, however some are just focused on one or two destinations.
Some trucking companies will even sign contracts with a specific shipper and only transport their products. This type of logistics service can be a great option for businesses that are looking to increase their bottom line and minimize their transportation costs.
Corporations
In the trucking industry, a corporation is a more structured way to run your company than an LLC. A corporation will offer significant legal protection and tax benefits, including the ability to share dividends with other shareholders.
Aside from tax benefits, corporations can also help you avoid personal liability for losses and lawsuits that occur within the company. For example, if you are a trucking contractor, a corporation may protect your personal assets like your home in the event that you are sued for negligence in an accident.