Less Than Truckload (LTL) is a transportation option used in freight shipping where multiple shippers share space on the same truck. LTL is used when the freight does not require the full space of a truck. This method is economical for shippers as it allows them to ship smaller amounts of cargo without paying for the entire truck, which is more cost-effective and efficient for transporting smaller, less time-sensitive shipments across long distances.
LTL works by consolidating freight from multiple shippers into one truck. Each shipper pays for their portion of the truck space based on the size and weight of their shipment. Freight carriers use a network of terminals and transfer points to sort and consolidate shipments heading to similar destinations. This process may involve multiple stops and handling along the route, with goods being transferred between different trucks before reaching their final destination.
LTL optimizes the transportation of smaller freight loads, making it cost-effective for shippers. It reduces wasted space in trucks and helps carriers maximize their efficiency and profitability. LTL shipping also offers flexibility for businesses, as it allows them to ship goods more frequently without waiting to fill an entire truck. Additionally, LTL carriers often provide additional services such as liftgate service, inside delivery, and notification options which are beneficial for handling specialized freight.
Shippers can optimize their use of LTL shipping by:
