WHAT SERVICES DO THE RILEYCOOPER GROUP OFFER?
TYPES OF SHIPMENT
FTL SHIPMENTS
Full truckload involves moving bulk or pallet loads that are large enough to justify the use of an entire semi-trailer, typically more than 15,000 pounds.
BENEFITS:
- Economy-to-Scale: Cost/unit is drastically reduced from that of a Partial or LTL shipment
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Dedicated Truck: Your product is the only product on this trailer; meaning no translating/cross-docking; your product is handled twice - loading and unloading
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Timing: With this being a dedicated load, there is only 1 origin and only 1 destination; meaning your product will arrive 1-2 days earlier than it would on a Partial/LTL shipment.
DRAWBACKS:
- Price: A dedicated truck does come at a higher overall price
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LTL SHIPMENTS
Less Than Truckload: Also referred to as LTL, less than truckload is designed for shipments larger than parcel but not large enough to require the space of a full truckload trailer. LTL is typically used for shipments under 15,000Lbs.
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BENEFITS:
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The most cost effective way to ship a small amount of product (1-6 skids)
DRAWBACKS:
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Consolidated Loads: Your product gets shipped with other products from other companies - therefore multiple delivery locations
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Timing: Multiple deliveries with LTL service means your product will likely experience 1-3 additional days for delivery
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Cross Docking: In order to consolidate the loads, its common that the trailer that picked up your product will not be the trailer that delivers your product. Meaning your product has been loaded and unloaded (handled) multiple times by multiple people; increasing the risk of damage
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Cost/Unit: Shipping follows the common "Economy-to-Scale'' business model; meaning the cost/unit increases on smaller LTL shipments. A good practice is to find out the exact tipping point where it makes more sense to ship Partial VS LTL.
PARTIAL SHIPMENTS
Partial truckload gives you the option to split the cost of a truck with other shippers, often resulting in cost savings. Partial truckload is a good option if your shipment is over 10,000 pounds or 6 pallets.
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BENEFITS:
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Save Money: Why pay for a Full Truckload when you don't need it
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Economy-to-Scale: Cost/unit is drastically reduced from that of an LTL shipment
DRAWBACKS:
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Consolidated Loads: Your product gets shipped with other products from other companies - therefore multiple delivery locations
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Timing: Multiple deliveries with Partial service means your product will likely experience 1-2 additional days for delivery
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Cross Docking: Not as likely as an LTL shipment, however Partial Shipments may also experience Cross Docking. Therefore there is the added element of multiple people handling your product; increasing the risk of damage.
EXPEDITED FREIGHT
Expedited freight refers to time-critical shipments in which freight has to be delivered quickly. Expedited freight is most often transported via truck using a team service or by air.
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BENEFITS:
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Speed: The fastest quickest way to get your product across the country - reducing transit times by 1-2 days Limited ELD Restrictions: With two drivers "TEAM" carriers are able to bypass the ELD (Electronic Log device) restrictions imposed on drivers; meaning the freight can move all day and all night.
DRAWBACK:
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Cost: With two drivers running non stop, you can expect to see an increase in your overall cost.
RAIL INTERMODAL
Rail shipment is the best choice for shipping freight across Canada, or even further, that isn’t time sensitive. Intermodal service means it can be configured to meet specific transportation requirements. LTL and full truckload shipping can also be combined to rail service to any and all your freight needs.
OVER THE ROAD
The most common method of transporting goods across the road is Road Freight. It’s an effective and cost-efficient way to deliver goods from distribution to clients across all regions. Road freight is also ideal for transporting goods in short distances or in remote areas that other shipment types can't reach.
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It's also used extensively in tandem with other shipment methods such as air, rail, or sea, as Road Transport is able to get the shipment from it's pick-up point to the next drop-off to be transferred.
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To use road freight without hassle, clients must partner with a reliable freight shipping and transport company in Toronto.
TYPES OF EQUIPMENT
DRY VAN
DRY VAN: Dry vans are the most common type of freight trailers used by commercial trucking companies. Dry vans are typically 48 or 53 feet in length and typically handle no more than 45,000 pounds. Dry van shipping is a common method for transporting dry or weather-sensitive goods. Dry vans tend to be the most cost effective solution for over the road shipments.
ASSET V.S. BROKER
Simply put; ASSET own the Truck, Trailer and employ the Driver but are limited in a number of ways:
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They're restricted by the amount of equipment they own
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The type of equipment they own
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The dedicated laneways they run
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The Authorities they run under (i.e. what Country, State and Province they're permitted to operate in)
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The Licences their drivers carry (ex. Hazardous material restrictions, load capacity, etc)
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Driver availability (ELD - Electronic Log Device)
A BROKER acts more like a limitedless freight partner. Although they don't own the assets, they aren't limited by any of the restrictions imposed on The Carriers. This allows them to create unique relationships or partnerships with an extensive pool of asset carriers throughout North America. If you're looking to grow, a Freight Broker is the place to go.
OPTIMIZE YOUR BROKER
ARE YOU UTILIZING YOUR BROKER TO THEIR FULL CAPABILITIES?
To maximize a freight broker to their fullest potential, it’s best to understand what it is exactly that a broker does. Brokers have clientele all throughout North America and deal directly with both the buyers and sellers for businesses.
They have viability within the marketplace and aren’t held back or limited by industry niche, equipment, or specific lane-ways. Brokers have the ability to help scale businesses quickly.
MEET OUR PARTNERS
WOOD-HALL LOGISTICS
Wood-Hall Logistics is a full-service logistics and freight management company, offering a range of transportation solutions, based on the specific needs of the customer.
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Utilizing our network of quality partner carriers and transportation services, Wood-Hall Logistics can offer many methods of transportation, while ensuring top-notch customer care and service throughout the process
TRANSERVICE INTEGRATED SOLUTIONS INC
Transervice formed Transervice Integrated Solutions (TIS) to deliver both 3PL and 4PL logistics solutions to existing and future customers. TIS utilizes cutting-edge proprietary technology to execute and solve the most complex logistics challenges.
TIS is based in the freight and technology hub of Los Angeles, CA. This west coast presence extends our operations across the country and compliments the 120 plus Transervice locations and Corporate Headquarters in Lake Success, NY.
CARRIER TESTIMONIALS
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When is the right time to use a Broker compared to an Asset?The best time to use a Broker vs an Asset is" When your freight is not pre-set; i.e. not the same shipment, on the same day, to the same locations When you're expanding into a new Market, where pricing has yet to be established. When you have a last minute shipment For LTL and Partial Shipments
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How are Rates determined?There are many factors that come into play when pricing freight. Each factor either reduces or increases your cost. Pick up and Delivery locations Distance travelled Dimensions of Shipments (oversized or legal) Type of Shipment (TL, LTL or Partial or Parcel) Equipment type (Dry Van, Reefer, Flatbed etc) Delivery Parameters (expedited, appointment times, dock to dock, tailgate, driver assistance) Market Availability (Capacity)
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How do I reduce my Freight charges?The best way to reduce your freight charges is to limit the requirements and pre-plan efficiently. Other ways include: Remove Appointment Times Use Standard Dimensions (4x4 creates/skids) Delivery within normal business/shipping hours (Monday-Friday / 8am-3pm) Provide 48 hours notice to the Broker/Carrier prior to shipment Create Consistency (dates, times, locations) Know your break even points (LTL to Particle to Truckload) Avoid last second expedited shipments Load and Unload within the allotted time provided by the carrier Have the proper loading/unloading equipment on site (forklift, pallet jack, pump truck)
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What are Detention fees?The average shipment comes with a preset 2 hour loading/unload rate built into the pricing. Should the loading and unloading process exceed the allotted 2 hours, carriers will charge an hourly rate for waiting (This can range from $50-$100 depending on the carrier). To avoid this or avoid frustration; a good practice is to know what that rate is prior to securing the shipment and to inform all parties (shipper and receiver) in writing (email). Be in communication with the broker/carrier as early as possible should delays occur Provide alternate options prior to carriers arrival should your freight not be ready to load (sometimes an overnight charge is less than an hourly detention fee).