Shipping Cost Formula:
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Definition: This calculator estimates the total shipping cost for Less Than Truckload (LTL) freight by adding the base rate and any accessory charges.
Purpose: It helps shippers and logistics professionals quickly calculate total freight costs for partial load shipments.
The calculator uses the formula:
Where:
Explanation: The base rate covers standard transportation while accessories include all additional services or surcharges.
Details: Accurate cost estimation helps in budgeting, comparing carriers, and determining optimal shipping methods.
Tips: Enter the base rate from your carrier quote and sum all additional charges in the accessories field. All values must be ≥ 0.
Q1: What is LTL shipping?
A: Less Than Truckload shipping is for shipments that don't require a full truck, sharing space with other shipments.
Q2: What's typically included in accessories?
A: Common accessories include fuel surcharges, residential delivery fees, liftgate service, inside delivery, and hazardous materials fees.
Q3: How do I get the base rate?
A: Base rates are provided by carriers based on weight, distance, freight class, and other factors. Request a quote from your carrier.
Q4: Are there other costs not included here?
A: Yes, some carriers may have additional fees like storage, reweighs, or address corrections that should be added to accessories.
Q5: Can this calculator be used for full truckload?
A: No, this is specifically for LTL shipments. Full truckload rates are calculated differently.