Freight Cost Formula:
From: | To: |
Definition: This calculator estimates the total freight cost by combining Full Truckload (FTL) and Less Than Truckload (LTL) shipping costs.
Purpose: It helps logistics professionals and shippers determine the most cost-effective way to transport goods using a combination of FTL and LTL services.
The calculator uses the formula:
Where:
Explanation: The calculator combines the cost of FTL transportation (distance-based) with LTL transportation (weight-based) to provide a total shipping cost.
Details: Calculating hybrid FTL/LTL costs helps optimize shipping strategies, reduce transportation expenses, and improve logistics planning.
Tips: Enter the FTL miles and rate (default $2.50/mile), and LTL weight and rate (default $0.15/lb). All values must be ≥ 0.
Q1: When should I use hybrid FTL/LTL shipping?
A: When you have partial truckloads at different locations or when combining shipments can reduce costs.
Q2: What's a typical FTL rate?
A: FTL rates typically range from $2.00 to $3.50 per mile, depending on fuel costs and market conditions.
Q3: How is LTL pricing determined?
A: LTL rates are based on weight, distance, freight class, and additional services required.
Q4: Can I use this for international shipping?
A: This calculator is designed for domestic shipping. International freight involves additional costs.
Q5: How accurate are the default rates?
A: Default rates are estimates. Actual rates vary by carrier, route, and current market conditions.