Determining Your LTL Rate

LTL is a lifesaver for many companies. It’s the best way to get those smaller orders from place to place, but it isn’t always easy to decide exactly what you’re going to pay when it’s time to move the shipment across the country. Unfortunately, there’s not an easy answer to this problem, but understanding exactly what could affect your LTL rate may help you determine it in the near future.

• Density and Weight: The volume of what you’re shipping as well as the overall weight can really affect your pricing. As the weight goes up, your price goes down. As the size goes up and the weight remains low, though, that also affects your rates.
• Destination: How far is your shipment going? The further it goes, the higher the overall bill, so you need to understand that further, and more remote, it can mean a pricier shipment overall.
• Rate Classification: Logistics companies are required to classify your freight by categories that were released from the National Motor Freight Classification. There are 18 different classes, and they vary by density, value, stowability, and much more. The lower the class, the less you’ll end up paying overall.
• Added Services: Some shipments need a special touch like lift gate services, shrink wrapping, and more. Those services may be an essential part of your shipment, but if they’re not, dumping them can save you quite a bit of money.

When you work with Performance Plus Global Logistics, determining your next LTL rate doesn’t have to be difficult. Give us a call today to get a free quote and learn more about what we can do for your company.