Collaborative Performance Metrics Between Shippers and LTL Carriers
The relationship between shippers and Less Than Truckload (LTL) carriers has historically been a complex one. Traditionally, the approach was straightforward - shippers aimed to cut costs by negotiating aggressively, often resorting to a 'beat them over the head' strategy. However, this outdated mindset is undergoing a paradigm shift. The Outdated Approach: "Beating Carriers Over the Head" The once-prevailing tactic […]
What is the Perfect Load?
The concept of a "perfect load" in transportation revolves around the optimal utilization of available space, weight capacity, and resources within a transport vehicle, such as trucks, planes, or ships. It's about efficiently arranging and managing freight to achieve maximum efficiency and effectiveness during transportation. Here are key aspects of the concept: Space Optimization: Maximizing the use of available freight […]
What is a Lumper Fee?
A lumper fee refers to charges incurred by shippers for the loading or unloading of freight at warehouses or distribution centers. When a shipper doesn’t handle these tasks themselves and relies on external labor, these fees are levied by third-party workers or companies responsible for the handling. Why Do They Exist? Lumper fees directly impact a shipper’s transportation expenses, adding […]
Understanding and Calculating Average Freight Cost per Pound
Calculating the average freight cost per pound provides a detailed insight into expenses and aids in making informed decisions. In this guide, we'll delve into the intricate process of accurately calculating this crucial metric, considering various variables that influence it. Why Average Freight Cost per Pound Matters Understanding the average cost of freight per pound is more than just a […]
The Impact of Freight Class on LTL Accessorial Charges: What Shippers Need to Know
In transportation, shippers face a multitude of challenges as they seek to optimize their transportation strategies. One crucial aspect that significantly influences the cost of shipping is the freight class. In the Less-Than-Truckload (LTL) shipping, understanding how this impacts accessorial charges is important. Our blog explains the nuances of this relationship and explores what shippers need to know to make […]
Freight Rates: The Composition of Truckload and LTL
Freight rates are crucial to understand when it comes to logistics and supply chain management. Whether you're a seasoned logistics professional or a business owner looking to optimize your shipping strategies, comprehending how freight rates are composed can make a world of difference. At FreightPlus, we're committed to empowering our clients with the knowledge and data they need to make […]
What is LTL Freight?
In the world of logistics and transportation, LTL freight is a term that frequently comes up in conversations. But what exactly is LTL freight, and how does it work? In this guide, we'll break down the fundamentals of and the benefits of adding this solution to your transportation strategy. Understanding LTL Freight What is LTL Freight? LTL, which stands for […]
Enhancing Customer Satisfaction Through Managed Transportation
Achieving and sustaining high levels of customer satisfaction is more than just a goal; it's a strategic imperative in logistics. Meeting or, even better, exceeding customer expectations is essential for nurturing lasting relationships, securing repeat business, and generating positive word-of-mouth referrals. One potent strategy that has gained traction in this endeavor is managed transportation. In this blog post, we'll outline […]
