LTL Freight Carriers

Welcome back to my Broker Freight blog. In my last post I looked at trucks and trucking in general and so to follow up, I want to look at the way LTL freight carriers do their job and it all hangs together, as well as what exactly LTL Freight is, if you don't know.

Well, LTL freight stands for Less than Truck Load, which sort of gives a clue away as to exactly what it is all about. If you think of a consignment of goods, it'll be of a certain size. Now that size may be enough to completely fill a semi trailer in which case it is known as FTL freight or Full Truck Load and the consignee pays for the entire cost of that truck to transport their goods.

With LTL freight, your consignment of goods is not big enough to fill a semi trailer and it can be placed in there with other people's goods that are all bound for the same destination. What happens then is that the consignee pays a proportion of the truck to transport their goods, the rest of the cost being met by the other consignees that are sharing the load space.

LTL freight carriers are therefore the company that takes on the business of arranging several goods consignments that will all fit into one truck bound for the same destination and then coordinate the costs, logistics and insurance as well as covering their own profit margin to bring the customer a fair price for their transport.

So that's pretty much how it all works, if you didn't already know that. And there's plenty of folks that don't know that already! And that's all for this post, I guess as there ain't much more I can really say about the process without going into too much detail and boring the pants off you! See you next time...

Kenn
Broker Freight