What Is LTL Shipment?

3PL Glossary
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LTL Shipment

LTL Shipment Definition

LTL (Less Than Truckload) shipment refers to the transportation of freight that doesn't require a full truckload, allowing businesses to share space with other shipments to reduce shipping costs.

LTL Shipment Meaning

LTL shipments are ideal for companies that don’t have enough goods to fill an entire truck but still need to ship a considerable amount. By sharing space with other businesses, they only pay for the portion of the truck they use, which makes it a cost-effective shipping option. This method is commonly used in 3PL logistics and warehousing to optimize shipping and reduce overhead costs.

LTL shipments work by combining multiple smaller loads into one truck, ensuring that businesses only pay for the space they use. This cost-effective shipping solution helps businesses save money while efficiently moving their products.

For companies in 3PL logistics, LTL shipments streamline operations and improve delivery times by consolidating freight and sharing transportation resources. It also reduces the environmental impact by maximizing vehicle capacity and reducing the number of trips.

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Buske Logistics is a Top 40 3PL with over 35 warehouses across North America, specializing in warehousing, transportation, and value-added services. We provide tailored logistics solutions serving major Fortune 500 companies.

LTL shipments are essential for businesses looking to reduce shipping costs while maintaining efficient supply chains. It allows companies to ship smaller loads without paying for an entire truck, making it more affordable and flexible.

For example, a beverage company that stores inventory in a warehouse can use LTL shipments to send partial loads to customers or other facilities, optimizing costs and improving delivery speed. This approach is especially useful for 3PL providers managing multiple clients' goods.

FAQs

What is the difference between LTL and FTL shipments?
How are LTL shipping costs calculated?
When should I use LTL shipping?