How LTL shipping rates work and how to track trends developing in long-term pricing agreements
FreightWaves SONAR
APRIL 1, 2021
LTL shipping rates would historically depend on freight class and the cost per hundredweight . In the past, calculating freight class depended on the physical weight of an item, as well as what else could be shipped within the same truck to set a cost per hundredweight (CPW). Density plays a role in the form of dimensional pricing.
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