What Is LTL & FTL?
FTL stands for Full Truckload, and LTL stands for Less Than Truckload. These terms refer to two different methods of shipping goods via trucks:
• FTL (Full Truckload): In FTL shipping, a single shipment fills an entire truck. This is most efficient when you have enough goods to occupy the entire truck’s space. FTL shipments are typically faster and more direct since the truck doesn’t make multiple stops for other shipments. While FTL can be faster and more direct, it’s generally more expensive because you’re paying for the entire truck’s capacity, even if your shipment doesn’t fill it entirely.
• LTL (Less Than Truckload): LTL shipping involves multiple shipments from different customers being combined into a single truck. This method is cost-effective for smaller shipments that don’t require an entire truck. The cost is shared among multiple customers, making it more affordable. LTL is often more cost-effective for smaller shipments since you’re sharing the cost with other customers. However, it might take longer due to multiple stops to accommodate different shipments.
Factors influencing cost include distance, weight, volume, and any additional services required, like liftgate service or special handling. It’s important to consider the nature of your shipment and the urgency of delivery when choosing between FTL and LTL.