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19
May
Part 4 of 22 Ways To Reduce LTL Costs That Don’t Involve A Price Reduction
4. Reduce Carrier Time A wise LTL sage noted that LTL carrier costs are tied to space, time, and risk. To reduce your cost of LTL shipping, one must reduce the space your shipments occupy in the carrier’s network, […]
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16
May
Part 3 of 22 Ways To Reduce LTL Costs That Don’t Involve A Price Reduction
3. Use A Quality TMS A TMS (Transportation Management System) is an absolute for an LTL shipper of any size. And LTL shippers have no reasonable excuse not to use one, as many LTL carriers today provide a free TMS. […]
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08
May
Part 2 of 22 Ways To Reduce LTL Costs That Don’t Involve A Price Reduction
2. Know Your Weights, Know Your Dims LTL shippers, it is in your absolute best interests to know more about your freight than your carriers do. From an LTL pricing perspective, around 75% of the freight moving today is classified […]
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04
May
Part 1 of 22 Ways To Reduce LTL Costs That Don’t Involve A Price Reduction
Audit Your Freight Bills One of the best ways to reduce LTL expenses is by having transparency and visibility to those expenses. Use the Trust But Verify principle for all things involving carrier invoices. Use this principle to verify […]
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02
May
22 Ways To Reduce LTL Costs That Don’t Involve a Price Reduction
Anyone who has been involved long enough with the US LTL market knows that is a series of high and lows. The pendulum of power swings from shipper to carrier over time, time and again. Like death and taxes, if the […]
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21
Mar
Six Suggestions for the NMFC
The National Motor Freight Classification (NMFC) has been providing standardization to the LTL industry for over 80 years. Formed from a similar classification system developed for the railroad industry, the NMFC today is managed by the National Motor Freight Traffic […]
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07
Mar
LTL Residential and Limited Access Deliveries
COVID and the explosive growth of E-Commerce have shifted the delivery dynamic in significant fashion. The majority of parcel deliveries has shifted from business to residential. Think about all the workers who previously had personal goods shipped to their office for […]
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21
Feb
Reweighs Without a Subsequent Reclass
Here is another reason for LTL shippers to provide accurate weights and dimensions on the BOL. LTL carriers will reweigh your freight, and inspect and measure your freight. These inspection and subsequent rating processes tend to be highly automated But […]
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07
Feb
No-Stack Cones
When should LTL shippers use No-Stack cones? Maybe the answer is NEVER. Be mindful of the use of No-Stack cones as shown in the photo below. These cones are typically 8-10 inches tall and are considered by LTL carrier […]
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31
Jan
Dynamic LTL Pricing. What is it??
One of the hot topics at SMC3’s Jumpstart January 2022 conference was Dynamic LTL Pricing. So what is Dynamic LTL Pricing? Dynamic LTL Pricing IS NOT lane specials where additional discounts are offered on top of the traditional published price […]
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