In short, LTL shipments are Less than Truckload deliveries that do not amount to a full truckload, thus the load space is shared between multiple customers with smaller deliveries.
Smaller shipments and shared load space generally mean cheaper shipping rates as well. But this is not the only benefit that comes with Less than Truckload; there are many other positives and reasons to book an LTL shipment rather than shipping several individual pallets.
However, this is not all that is implied by LTL shipping as there are plenty of advantages that come with this type of delivery. One good example is that one might even decide to split their freight shipment into smaller ones to enjoy the benefits of this type of shipping.
With this in mind, in today's article, we will be talking all about LTL freight costs and just a handful of the many benefits that come with LTL shipping.
You will learn everything you need to know about Less than Truckload shipments; so, let's begin!
LTL Pallet Shipping Cost
Before you rush into booking an Amazon pallet delivery, you should first know the factors that influence and determine LTL shipping costs. Make sure you read the following carefully before booking your pallet delivery:
- The Weight of Your Goods: the cost of LTL shipping is structured in such a way that you pay less the heavier the shipment (the more goods you send to Amazon), usually per every 100 pounds. Amazon-approved carriers have a way of breaking shipping rates down as much as possible!
- The density of Shipment: when handling the Bill of Lading of your shipment, you have to make sure that you have properly calculated its density so that you can then figure out the class to which it belongs.
To calculate the density of your shipment, you have to divide its total weight by the total cubic feet. For a pallet, you have to use its dimensions, the combined height of the carton and the pallet, along with the shipment's total weight.
- Distance From Collection to Delivery Point: naturally, the longer the distance between the point of collection to point of delivery, the higher the shipping costs. Usually, LTL carriers serve a specific geographic area and loads are allocated to local driver for delivery. Loads will consist of shipments for delivery within proximity to one another.
- Delivery Location: you have to take into account the number of postcodes a carrier goes through directly. They normally have an entire truckload of pallets to deliver to different postcodes. If your shipment has to be sent to an outside location that the carrier does not cover, it will be transferred to another LTL carrier. Naturally, this may imply a higher LTL freight cost.
- Class of Freight: 18 different classes range from 50 to 500 are determined by the product’s value, density, handling, liability, and slow-ability. Naturally, lower classes – meaning, products that are difficult to manage and easy to handle – come with lower LTL shipping rates when compared with higher freight classifications.
These are only a few of the factors that can influence the LTL shipping cost. Among them, we also have the base rates, minimums, freight of all kinds, rate tariffs that can be negotiated with the LTL carriers, possible discounts, and even accessory charges.
However, you do have to look into the more advanced factors as they tend to change also – or you can ask the LTL carrier of your choice for more information.
LTL Shipping Facts
When it comes to facts, we have to start by mentioning that back in 2013, the LTL industry was worth around £20.1 billion of the total freight transportation industry, which valued at £530 billion.
Naturally, its value has increased over the years as it is considered to be a more reliable and cost-effective shipping option thanks to low LTL freight rates.
Aside from low LTL shipping rates, it is also one of the most environmentally-friendly shipping options available. Instead of one business taking up a certain amount of space in one delivery truck and not filling it, the LTL carriers allow several companies to utilise the space with their products, splitting the LTL pallet shipping cost and saving valuable fuel.
Essentially, we know that LTL shipping can work wonders if you run a small shop or online business. It allows you to deliver your items without having to worry about the fuel surcharges and shipping costs you'd have to pay up if you were to rely on a classic shipping company.
We have established and explained that LTL shipping rates are determined by the weight, density, distance and classification of your freight. On that note, if you are looking to book an Amazon pallet delivery it is worth doing some calculations and research beforehand to decide whether you are happy with the LTL freight costs.
When you book an Amazon pallet delivery, you will always be asked to specify the weight, density, distance from your postcode to the delivery point and the classification of your freight before confirming your LTL freight rate.
If you struggle and need help getting everything ready for your Amazon LTL shipment, please feel free to get in touch with us. Either call and speak with us directly or send a message using our Live Chat service. Our friendly customer care team will always be happy to chat with you.
Alternatively, you can find more information regarding LTL shipments and Amazon pallet delivery by heading over to our Help Centre! We have plenty of expert advice and top tips for you.