When executed correctly, LTL freight shipping can be a cost-effective shipping option. However, shippers, especially new shippers in the industry, deal with a significant amount of discrepancy between estimated costs and actual costs. Sometimes, the extra costs can be frustratingly high and create a misunderstanding between shippers and carriers. The cause is due to the hidden costs of LTL shipping. Nobody is ‘hiding’ costs from you, intentionally. All the extra fees that shippers pay are generally due to m
Less than truckload shipping is a great and cost-effective option to move relatively small amounts of freight. However, there is a high demand for LTL capacity, and it is often higher than the supply. Shippers that don’t know how to prepare LTL freight and make it more attractive to the carriers may miss out on the opportunity to land a place in an LTL trailer. There are several practices for LTL shipments that can improve your freight’s status and also affect the price you are paying for LTL shipments.
Last year was huge for LTL freight, with a high demand primarily driven by the rapid growth of e-commerce. In 2020, experts forecast a steady growth with more balanced demand, the significant impact of technology, more small companies and startups entering the market, the rise of mobile tech, and the increase of freight rates. Let’s take a deeper dive into 2020 LTL shipping trends and see what will influence the LTL industry in the nearest future.
2020 LTL shipping trends: what to watch for?
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Rates are
LTL shipping can be a convenient and cost-effective way to ship goods. However, this process has many pitfalls and intricate details that are often confusing to the shipper. One area of LTL shipping that may cause confusion is additional LTL services.
What are additional LTL services?
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Additional LTL services are extra service offers for an added fee to satisfy the shipper’s needs. When shipping less-than-truckload, clear communication between the consignee and the carrier is crucial for a successful s
Transit time is a common concern among shippers that offer LTL services. Often, carriers give you the estimated delivery time, and it is assumed that the actual delivery date may be slightly delayed. Each carrier defines its own transit times that mostly depend on the route, distance, lane, freight size, type, and other factors. Therefore, sometimes there are situations when a shipment doesn’t arrive strictly upon the mentioned date. But what should you do if you need the shipment to be there at the right t
The LTL shipping industry keeps growing, and experts estimate the $38 billion sector to expand even further. More and more shippers and small businesses have started using shipping platforms for their logistics needs. It's become the cheaper option rather than a full truckload. LTL is not only cheaper but easier too because it doesn’t involve working with freight brokers and third parties. However, even if you are using online services to get LTL rates, there are still two parts involved in the shipping pro
Shipment security is an essential aspect of the shipping process. Essentially, you want your products to arrive safe and undamaged. The role of LTL freight packaging becomes even more critical when it comes to less than truckload shipping. Since your load is handled multiple times during transit, it is more prone to damage.
What is LTL freight?
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Less-than-truckload (LTL) shipping is the transportation method where a carrier combines multiple loads into a single trailer. Shippers use LTL when they don't have enough freight volume to fill an entire truck container and want to save shipping costs. Compared to other types of transportation, LTL trucking can be a useful solution for small businesses and individual shippers. When you're sharing the truck capacity with other shippers, you only pay for space you actually use.
How
Less than truckload shipping has become one of the favorite transportation modes among retailers. It is characterized by high capacity and affordable shipping costs. While the general concept of LTL is easy, understanding the freight class may be complex.
If you are shipping goods across the country, you probably look for the lowest freight shipping rates. While many online shipping services offer free quote comparison, it can be tricky to choose the best one for your needs. Shippers are often unaware of how they can reduce shipping costs on their own. Before diving into the shipment booking process, you should know some tips and tricks on how to save on transportation and get the best freight rates:
Provide Accurate Information
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Beginner shippers often