Posts tagged with ‘networks’

  • Business - Transportation
    LTL Trends and Challenges: Density-Based Pricing

    LTL Trends and Challenges: Density-Based Pricing

    - by Transplace

    Within the last few years, less-than-truckload (LTL) rates and capacity have fluctuated. Many carriers have shifted from the traditional National Motor Freight Classification (NMFC) rate-setting formula to density-based pricing, which prices freight according to the amount of space the shipment uses in the truck. This new pricing model, along with other recent industry trends, has had a significant impact on shippers – making it important to understand the new pricing methods for LTL shipments, what’s currently happening in the LTL industry, and some of its key market challenges.

Load More