Definition:
Less Than Truckload (LTL) is a shipping method used for transporting smaller freight loads that do not require a full truck, allowing multiple shippers to share space on the same vehicle and split transportation costs.
What is Less Than Truckload (LTL)?
LTL shipping is a cost-effective logistics solution for businesses that need to ship freight weighing between 150 and 15,000 pounds but do not have enough goods to fill an entire truck. Carriers consolidate shipments from multiple shippers into one truck, optimizing capacity and reducing costs. Freight is sorted and sometimes transferred at distribution hubs during transit, which can lead to longer delivery times compared to full truckload (FTL) shipping. LTL services often include features like tracking, liftgate delivery, and freight classing, making it ideal for businesses that prioritize flexibility and budget efficiency.
Use Cases of Less Than Truckload (LTL):
- Small to Medium-Sized Shipments:
Transporting goods that are too large for parcel shipping but too small for a full truckload. - E-commerce Businesses:
Delivering inventory to fulfillment centers without requiring full truckload capacity. - Retail Distribution:
Shipping goods from suppliers to multiple retail locations efficiently. - Seasonal Demand:
Moving products during peak seasons without committing to full truckloads. - Cost Sharing:
Reducing expenses by splitting transportation costs with other shippers sharing the truck. - Specialized Shipments:
Shipping items with specific handling or delivery requirements using LTL carrier services.
