The latest data from the Producer Price Index (PPI) reveals a significant shift in the trucking industry’s pricing dynamics. While the Truckload (TL) sector has experienced a deceleration in its negative PPI trend, the Less-than-Truckload (LTL) segment continues to see an increase in its index, signaling diverging pricing pressures within these key sectors of freight […]
Less-than-truckload (LTL) shipping is most often the most cost-effective option for moving smaller loads. As a rule of thumb, if you are shipping fewer than 10 pallets at a time, less than truckload will be the most cost-efficient method of transportation. However, there are several characteristics of LTL shipments that make them complex. In today’s […]
In today’s fast-paced logistics landscape, staying ahead of the curve is crucial for shippers to ensure their cargo reaches its destination on time and within budget. With the truckload market becoming increasingly competitive and capacity tightening, it’s essential for shippers to be proactive in their approach. In this article, we’ll explore four strategies that shippers […]
In the quest for a greener and more sustainable future, industries across the globe are embracing innovative solutions to reduce their carbon footprint. The realm of freight transport is no exception. With concerns about climate change and environmental impact growing, the logistics sector is taking significant strides toward a more eco-friendly approach. One of the […]
In the fast-paced realm of supply chain management, selecting the right Less-Than-Truckload (LTL) carrier is a pivotal choice that can profoundly impact your business’s effectiveness and financial outcomes. Regardless of whether you’re an experienced logistics professional or a newcomer to the industry, asking the right questions can be a game-changer in optimizing your logistics processes […]
The relationship between carrier and shipper is often centered around rules tariffs. LTL (less-than-truckload) carrier tariffs determine the rates and charges for the transportation of these shipments. These statements usually outline the charges and parameters for the shipment type, additional services, and duties performed at the origin and destination. Carrier tariffs are constantly changing so […]
The decision to ship less than truckload (LTL) or full truckload (TL) can be difficult if you are not aware of all the options. A lot of factors affect freight shipping, such as freight dimensions, freight classification, and special services. What is LTL Shipping? Freight that does not require an entire truck is known as […]
Less-than-truckload shipping is a transportation method that is cost beneficial for many small and medium businesses. While LTL shipping might be a better financial solution for some shippers, it does come with longer transit times as compared to TL (full truckload). This is because LTL carriers have to configure freight correctly, so it contributes to […]
The truckload market in the U.S. can best be described as fragmented, massive, and constantly changing. With low barriers to entry, this is an industry with many companies. While the industry generates over $875 billion in annual gross revenue, truckload rates, and carrier capacity are rarely aligned, which can make it difficult to navigate. The […]
Freight is more than just a truck and a rate: success in logistics requires an understanding of the freight market to be able to optimize performance. Outsourcing logistics services like LTL (Less-Than-Truckload) shipping to a 3PL lets trusted logistics professionals share their expertise while allowing you to concentrate on your business. Who’s Using 3PL’s for […]