New "less than load" method could mean big savings!
Could LTL Moving Save You Thousands?
by Chan Plett
Preparing to Move to a Smaller House
Minimize Those Moving Costs
Downsize without Guilt
You've probably seen your share of U-Haul trucks driving down the highway, maybe even noticed a few storage containers on your block from companies like PODS, Door-to-Door, or even the U-Haul U-Box. The need for more flexible DIY moving options has instilled a serious shift in the way the moving industry looks at potential customers. Today's DIY mover is looking for flexibility, affordability, and transparent costs or flat rates.
With the market shifting to a DIY-friendly business model, it's no surprise that tons of companies are tweaking their products to capitalize on the changing environment. The newest product in home moving is LTL shipping. Companies like U-Pack by ABF or Old Dominion are reworking their traditional operations to accommodate the shift. For those that aren't familiar with the acronym "LTL," it means less than truckload shipments with jobs rated based on the amount of space they occupy inside trailer. So, how do they use an industry-old freight procedure to transport home moves? It's pretty simple. Those using these moving services figure out how much space they need in the trailer, these companies rate the trailer by the foot or amount of space used, install a partition (also called a bulkhead), and use the remaining space in the trailer for other shipments.
Companies like U-Pack, OD Household, and even ULoad are slaying the moving competition by providing instant moving quotes for thousands of dollars less than standard movers for hire. YouTube reviews on the services are even popping up giving personal accounts of what it's like to use one of these companies for a home move.
If you visit a site like FreeMovingQuote.com which provides rates for hired movers, you'll see that a traditional one bedroom household move from California to Idaho would cost around $3600. However, using LTL shipping, the same move comes in at around $1900 on ULoad's quote calculator. A move of this size would typically be rated at around seven linear feet with around $89 flat rate for additional linear feet (this is the standard unit of measurement for LTL shipments). It's still a DIY moving option so there's definitely more work required than just hiring your traditional mover, but for some, the extra savings may be worth it.
Shop home improvement for great prices at Overstock.com.
Are they here to stay? Are they right for your next move? It's not incredibly clear, but they're definitely on the road to transforming the moving industry, or at the very least, ready to trip the competition.
Chan Plett is a professional content writer for the web and self-proclaimed moving expert, after having moved nearly once or twice every year for the past eight years. She's written for Nordstrom, Eventbrite, and several online blogs.
Take the Next Step:
- Visit the TDS library for more on moving.
- No need to move everything. Sell some of your used stuff to help pay moving costs.
- Holding a garage sale? Learn how to price garage sale items for the biggest profit.
Share your thoughts about this article with the editor.
More Money-Saving Tips for Your Home
- 6 cheap, effective home security solutions
- 5 frugal ways to expand your living space
- Top 10 DIY mistakes made by home 'handymen'
- 4 ways to pay off your mortgage earlier
- Managing home projects to keep costs down
- Buying an insurance friendly car
- Is a bigger home really better?
- This week's Readers' Tips
- Should I use a HELOC for home remodeling and repairs?
- Should I refinance my mortgage?
- Compare HELOC rates
- Check for a lower homeowners insurance rate
- 3 ways to use a mortgage calculator
- Mortgage calculator: Calculate your payment and more
- Home equity calculator: HELOC vs. line of credit
- How much can additional payments save me on my mortgage?