When it comes to LTL shipments and finding the lowest possible rates for your freight, it’s essential to find a range of LTL freight cost estimates from reputable carriers and compare them. In doing so, you’ll be able to determine what the best rates are and which carriers will best suit your shipping needs. However, in comparing LTL freight estimates and selecting a carrier, there’s a variety of factors to keep in mind that will ultimately help you save on costs and minimize fees.
Here at FreightGator, helping our fellow shippers find the best rates and carriers is at the heart of our business. We offer multiple tools to help said shippers calculate freight density and determine the class of such, as well as find quotes for a range of LTL carriers. Furthermore, we’ve compiled a list of tips and considerations to help you save money on shipping and find the best LTL freight estimates.
10 Ways to Save on Shipping Costs and Fees
Often times, shippers consider 3PLs (third-party logistics) as a means to ship their freight, yet 3PL companies don’t always suit those with LTL shipments, as the upfront costs can be quite high. Regardless, LTL carriers and their rates will all vary, and much of the shipping costs and freight rates will depend on the items you’re shipping, how they’re packaged, and more. These factors aside, the tips to follow can help you save money on your LTL shipments:
- Consider Accessorial and Other Fees: The freight rate shouldn’t be your only concern as you sift through your LTL freight estimates. Pay mind to any additional fees and accessorial charges that will be added once the shipment is complete.
- Understand Carrier Pricing Rules: Certain carriers will base pricing on factors like where the shipment is being delivered, which can be an added charge. So, as you seek carriers, be sure to have a firm understanding of how they price their services and pay close attention to detail.
- Seek a Carrier with an Easy Pricing Model: Some carriers have streamlined the way in which they price their services, and the easier it is to follow such pricing, the easier it is to know what you’re paying for—ultimately avoiding hidden or unexpected fees.
- Consider Liability Insurance and Related Policies: Shippers always need to ensure the insurance they purchase covers any potential damage. So, pay mind to the limitations and benefits of each carrier’s policy.
- Be Precise with Freight Weight: Shippers should never estimate the weight of their items. If the actual weight doesn’t match what’s in the BOL, the carrier will reweigh the freight and charge additional fees. You can simply avoid such fees by ensuring you’ve listed the exact weight of your goods.
- Hone Your Packaging Process: The better you package your items, the denser they’ll be, which can lower freight rates and help ensure your goods are damaged during transit.
- Combine LTL Shipments: Whenever possible, combine smaller LTL shipments into one larger shipment. This will obviously reduce shipping costs, which is essential for shipments with a greater distance.
- Always Factor in Distance: Since the distance of the shipment can drive up costs, keep it in mind as you seek carriers. If your freight isn’t going to cover a lot of ground, a regional carrier may be a better option, as the costs for such tend to be a bit lower than that of national carriers.
- Utilize a Transportation Management System: Many carriers offer tools to manage shipments, rates, and more. This can be quite beneficial in terms of costs and time.
- Get a Quote with FreightorGator: You can use our instant LTL freight estimate tool to find rates from various carriers and compare them to find which will suit you best.
Additional Considerations for LTL Freight Estimates: Transit Times
Though transit time doesn’t necessarily affect the costs for LTL shipments, it still helps to have an idea of the general timeline for shipments as you consider various carriers, as well as how you can save on costs from each. Of course, shipping timelines are never guaranteed, but they’ll give you a good idea of when a shipment will be delivered. Cross-country transit times are generally set to arrive within 4 to 6 business days, while shipments within a state can take 1 to 2. However, embargoes like weather, holidays, and other unexpected delays may postpone the delivery date.
Save On Costs with LTL Freight Estimates from FreightorGator
While shippers should always keep the aforementioned tips in mind as they strive to save money and find the lowest possible rates for their LTL shipments, using the instant quote tool from FreightorGator can be quite beneficial in the process. Try our tool today and find the best rates for your goods!