LTL (Less Than Truckload)
Exploring the World of Less Than Truckload (LTL) Shipping: Benefits and Challenges
Less Than Truckload (LTL) is a freight transportation method commonly used in the logistics industry. It refers to the transportation of relatively small shipments that do not require a full truckload. LTL shipping allows multiple smaller shipments from different shippers to be consolidated into a single truck for transportation.
In LTL shipping, the cargo occupies only a portion of the available space in a truck. The remaining space is usually utilized by other shippers’ freight, maximizing the truck’s capacity and reducing costs. This method is beneficial for businesses that have smaller shipment sizes or cannot fill an entire truckload on their own.
LTL shipments are typically larger than parcels but smaller than full truckloads. They can range from a few hundred pounds to a few thousand pounds. Shippers who opt for LTL benefit from cost savings compared to booking a dedicated truck for their shipment. The cost is determined based on various factors such as the weight, dimensions, distance traveled, and any additional services required, such as liftgate or inside delivery.