In the past eight weeks we have been experiencing a slight decrease in domestic truckload rates as capacity loosened somewhat. However, rates and capacity in the LTL industry remain firm and show no signs of weakening. The LTL industry is not as sensitive to short-term capacity changes as the truckload market can be.
As evidence, here are several trends and behaviors that are keeping… Read more
Common questions we often hear at Echo Global Logistics when assisting clients with less than truckload (LTL) shipments revolve around evaluating freight class and avoiding reclassification charges and fees. If you’re new to shipping LTL, the class system can be difficult to navigate.
Why Does LTL Use Freight Classes?
The National Motor Freight Traffic… Read more
If you’re not currently using partial truckload, you may not even know it exists. The mode is vastly underutilized by shippers, but it offers many benefits.
First off, what is it? Partial truckload is that sweet spot between less than truckload (LTL) and full truckload. (It is also called “volume LTL” by some carriers who offer it.) When your shipment is too big for LTL but too small… Read more