When managing your supply chain operations and logistics performance, it’s important to be aware of which carriers you are leveraging for fulfillment and the core strengths of their coverage. Often a single-threaded approach with one LTL carrier is not the best way to optimize your logistics costs.
LTL pricing is complex. There are many factors that are taken into account when pricing a shipment, primarily centered around how much space a shipment takes up on a truck and how much the shipment weighs. This brings us to the topic of NMFC classes- a critical component of getting best-in-class rates.