LTL general rate increases (GRI) have or will be taking effect as we kick off 2020. The formula behind each one will vary by the carrier to include the approach the carrier takes with each individual account. The sophistication level of each carrier and how they apply their own “secret sauce” to pricing your business […]
Good News for Less Than Truckload Shipping The news on the LTL front has been a mixture of good, bad and ugly. The good news, LTL carriers are investing in new equipment, expanding terminal locations and pushing internal growth initiatives that address the industry driver shortage. Carriers such as Old Dominion, FedEx and others are […]
As many of you know, LTL pricing models today consider density as one of its key elements in determining shopper pricing. As we slowly move toward a more density-based LTL rating it is still quite common to classify commodities by the National Motor Freight Classification (NMFC) definitions rather than by the actual density of the […]
LTL shipment rating is becoming more sophisticated with LTL carriers creating stronger customer and location profiles. Delivery profiling can include zip code mapping, formal reporting by drivers and even digital photo taking to document the delivery location, as well as its characteristics and the service level offered. This enhanced attention to customer profiles means businesses […]
Speak to a Representative