Understanding how Less-Than-Truckload (LTL) pricing works is important when negotiating freight rates. While LTL has earned a reputation of being a slower and more expensive way to ship, it does offer shippers flexibility. And when it is used correctly, it can decrease shipping rates. Many companies struggle when it comes tomore
About: Jillian Farrington
Recent Posts by Jillian Farrington
6 Things Carriers Don’t Want You to Know About Negotiating Freight Rates Shipping contracts and carrier relationships, like other things, can get stale. This means that it’s natural for the service and rates you are getting from a carrier to occasionally fall out of alignment with your business. When this happens,more
LTL, or less-than-truckload, has traditionally priced based on rate-setting formulas that take into account commodity classifications. While some major carriers like UPS and FedEx are moving toward a density based pricing model, the rest of the LTL market has been slow to transition, in part because current Transportation Management Systemsmore
Recent Comments by Jillian Farrington
No comments by Jillian Farrington yet.