Navigating the Complexities of LTL Shipping with MyCarrier

In this informative podcast interview, Chris Scheid, co-founder of MyCarrier, shares his extensive knowledge and expertise in less than truckload (LTL) transportation. Chris explains the unique position LTL holds between parcel and full truckload shipping.

LTL transportation differs significantly from truckload transportation in terms of pricing and operations. Chris emphasizes that LTL pricing is more closely aligned with parcel transportation, with dynamic pricing based on variables such as origin and destination zip codes, freight class, and weight. He also notes that the vast majority of LTL shipments are limited by the available space in the truck rather than by weight restrictions.

For entrepreneurs and companies new to LTL shipping, Chris recommends considering density-based pricing from the outset. This approach simplifies the process by eliminating the need for complex freight class calculations and allows for more collaborative conversations with carriers about packaging optimization to reduce costs.

MyCarrier's platform is designed to democratize access to technology for small to mid-market shippers, enabling them to integrate directly with their carriers and streamline the shipping process. The platform leverages APIs to provide real-time rates, transit times, and service levels, allowing shippers to make informed decisions and automate the end-to-end shipping process.

Chris also discusses the importance of proper bill of lading completion and the benefits of transitioning to e-bills of lading. By digitizing this process, shippers can reduce errors, improve communication with carriers, and increase overall efficiency.

When it comes to on-time delivery, Chris advises shippers to plan ahead, allow for lead time, and utilize guaranteed service levels when necessary. He also stresses the importance of communicating with carriers about anticipated volume changes, especially during peak season, to ensure that adequate resources are allocated to meet the shipper's needs.

Throughout the interview, Chris emphasizes the value of API integration in enabling seamless communication between shippers and carriers. By automating manual processes and reducing discrepancies, shippers can save time and focus on exception management and critical tasks.

Here are ways to listen to the podcast:

Spotify: https://lnkd.in/gNKkJnWdApple

Podcasts: https://lnkd.in/gmf78w9S