5 Tips to Save Money on LTL Shipping Rates

5 Tips to Save Money on LTL Shipping Rates

Business owners who want to save cash usually choose LTL shipping over other options. You get the lowest rate because you’re sharing the cost of the truck with other customers. LTL (less-than-truckload) freight shipments involve small freight deliveries that don’t fill an entire truckload, which reduces your overall cost.

Check out these tips on how to save money the next time you need LTL shipments.

1. Determine the Correct Freight Class

Knowing the various freight classifications is vital, as they are usually based on density, liability and handling. There are many standard classes, so it’s important to choose the right one so you don’t cost yourself more in additional fees. Take note, freight classes are often negotiable with carriers.

2. Optimize Pallet Space

Most LTL carriers are strict about their cubic capacity rules in order to decrease the instance of light, fluffy shipments that take up a lot of room on the truck. Every shipment has to pay its fair share in order for them to make the most money. A good rule of thumb: if the shipment takes up more than 750 cubic feet of space with a density of less than six pounds per cubic foot, they will try to impose a higher freight classification with minimum weight and size rules with no, or very limited, discounts. To save on LTL shipping, increase freight density.

3. Know the Details of Your Shipment

Precision is important in regards to weighing and calculating the size of your shipment. Shippers should never just estimate weight or size because they will incur additional fees from the carrier later if they turn out to be wrong. This will increase the shipment cost for you. Avoid surprises. Double check the NMFC item number and description and make sure it appears on the bill of lading.

4. Secure Your Freight

It’s important to properly package your freight to prevent damage from occurring, such as through the use of shrink wrap. Carriers have limited liability policies, so you need to do your part to protect your shipment. Clearly mark fragile shipments and purchase cargo insurance if your freight is very valuable.

5. Consolidate Your Orders

Try to combine small LTL shipments into one large shipment. Oftentimes, many small shipments go to the same location daily. Consolidating them into one will bring the rates down and you’ll save cash. LMI Group can help you explore these options through a freight analysis for possible savings.

Contact LMI Group

For fast, free quotes on LTL shipping, contact us today at 855-979-1525 or Get a Quote online now.

LTL Shipping Rates from CA - NJ

LTL Shipping Rates from FL - NJ