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Less-than-truckload shipping. Less-than-truckload shipping or less than load ( LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less than approximately 150 pounds (68 kg).
A common property-carrying commercial vehicle in the United States is the tractor-trailer, also known as an "18-wheeler" or "semi". The trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over land—typically from manufacturing plants to retail distribution centers.
The National Motor Freight Classification ( NMFC) is a North American voluntary standard that provides a comparison of commodities moving in interstate, intrastate and international commerce via freight shipment. The standard is developed and maintained by the Freight Classification Development Council (FCDC) and published by the National Motor ...
t. e. In transportation, freight refers to goods conveyed by land, water or air, [1] while cargo refers specifically to freight when conveyed via water or air. [2] [3] In economics, freight refers to goods transported at a freight rate for commercial gain. The term cargo is also used in case of goods in the cold-chain, because the perishable ...
Freight rate. A freight rate (historically and in ship chartering simply freight[ 1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
Arkansas-Best changed its name to ABF Freight System Inc. in 1980 [ 7] and, by 1981, was the eighth largest trucking company in the US operating 106 terminals. [ 6] It acquired East Texas Motor Freight Lines, a subsidiary of Bright Industries Inc., in 1982, a move which added 44 new terminal cities increasing ABF's reach to a total of 158, [ 9 ...
Package delivery. Package delivery or parcel delivery is the delivery of shipping containers, parcels, or high-value mail as single shipments. The service is provided by most postal systems, express mail, private courier companies, and less-than-truckload shipping carriers. [1] Package delivery is different in each country, and how packages are ...
Total Quality Logistics. Total Quality Logistics (TQL) is a North American freight brokerage and third-party logistics firm. [ 4 ] It was founded in 1997 by Ken Oaks in Cincinnati, and is headquartered in nearby Union Township, Clermont County, Ohio. [ 5 ][ 6 ][ 7 ] As of 2021, TQL is the largest private company in greater Cincinnati according ...