1. What is the Freightos LTL Calculator?

Definition: This calculator estimates Less-Than-Truckload (LTL) shipping costs using the Freightos algorithm based on distance, weight, base rate, and accessorial charges.

Purpose: It helps shippers and logistics professionals estimate transportation costs for partial truckload shipments.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• \( Distance \) — Shipping distance in miles
• \( Rate \) — Base rate per mile (default $0.85/mile)
• \( Accessorials \) — Additional fees (liftgate, residential, etc.)
• Weight Factor — 15% surcharge for shipments > 1000 lbs

Explanation: The base cost is calculated by multiplying distance by rate, then adjusted for weight and accessorial charges.

3. Importance of LTL Cost Calculation

Details: Accurate LTL cost estimation helps with budgeting, rate negotiation, and comparing carrier options.

4. Using the Calculator

Tips: Enter the distance in miles, weight in pounds, base rate (default $0.85/mile), and any accessorial charges. All values must be ≥ 0.

5. Frequently Asked Questions (FAQ)

Q1: What are typical accessorial charges?
A: Common accessorials include liftgate service ($75), residential delivery ($85), inside delivery ($100), and limited access fees.

Q2: How accurate is this calculator?
A: It provides estimates based on industry averages. Actual quotes may vary by carrier, freight class, and market conditions.

Q3: When does the weight surcharge apply?
A: The 15% surcharge applies automatically to shipments over 1000 lbs in this calculator.

Q4: What's not included in this calculation?
A: Fuel surcharges, freight class adjustments, and carrier-specific discounts are not accounted for.

Q5: How often should I update the base rate?
A: Check current market rates quarterly as LTL rates fluctuate with fuel prices and capacity.