We know Less-Than Truckload.
LTL can be a fabulous transportation option when you have more than just a couple of boxes but less than an entire trailer of freight to move. Shippers and receivers benefit as they get an economical and efficient solution designed specifically for handling one or more pallets of freight. Carriers benefit by providing a needed and capable service. Logistics providers involved with LTL benefit by helping shippers and carriers join together to match needs with services. But LTL can be maddeningly frustrating and complex at times, for all parties. From large terminal networks and confusing service options to archaic pricing structures and inconsistent technology offerings, there are a multitude of moving parts involved. Each carrier has its own unique network and service options, its own pricing nuances, and its own technology platform. Shippers, who are experts in the products they produce and sell, struggle to be experts across the full LTL spectrum. Logistics providers, who are experts in supply chains and transportation, are challenged by changing LTL dynamics from capacity to pricing, from exceptions to carrier selection. And carriers have their own sets of challenges. How do they maintain profits in the face of COVID-19 impacts and shifting freight profiles/patterns. How do they optimize their operation while maintaining high customer satisfaction?