LTL Shipping: What Does LTL Stand for?
LTL Shipping: What Does LTL Stand for? Navigating the complex world of logistics can feel like learning a new language. From FCL (Full Container Load) to 3PL (Third-Party Logistics), the acronyms alone can be overwhelming, especially if you're new to the industry. One such term, often encountered and easily misunderstood, is LTL. First things first, LTL stands for Less Than Truckload. Essentially, LTL is a freight shipping method for relatively small loads. This means the cargo does not require the use of an entire trailer, which is typically the case for larger loads or FTL (Full Truckload) shipments. LTL shipping allows multiple shippers to share space on a single truck, splitting the cost, thus making it an affordable alternative for those who don't [...]