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XPO LTL facility in Tomah, Wisconsin formerly a Con-way Freight terminal. Less-than-truckload shipping or less than load (LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less than approximately 150 pounds ...
Industry detail showed rates in trucking increased modestly, though long-distance truckload rates continued to decline. The Bureau of Labor Statistics reported that the producer price index (PPI ...
Average Freight Rates $2.53 per mile Reefer Freight Rates (August 30, 2022) Highest average Midwest $3.29 per mile Lowest average Southeast $2.66 per mile Average Freight Rates $2.90 per mile Flatbed Freight Rates (August 30, 2022) Highest average Midwest $3.21 per mile Lowest average West $2.69 per mile Average Freight Rates $3.07 per mile
The average single piece of LTL freight is 600 kg (1,323 lb) and the size of a standard pallet. Long freight and/or large freight are subject to extreme length and cubic capacity surcharges. Trailers used in LTL can range from 28 to 53 ft (8.53 to 16.15 m). The standard for city deliveries is usually 48 ft (14.63 m).
When shippers talk about operating at maximum efficiency, they are really talking about striking the perfect balance between price and speed. When companies are moving midsize loads, it can be ...
In the short-haul and less-than-truckload (LTL) sectors, driver turnover is only around 15%, [83] mainly due to the better working conditions, higher pay, and unionized workers. One study suggests that larger companies with irregular routes, longer average haul, and older equipment experience much higher rates of driver turnover. [83]
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