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FTL Shipping Rates Calculator

FTL Shipping Formula:

\[ \text{Rates} = \text{Distance} \times \text{Load Type Rate} \]

miles
USD/mile

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1. What is an FTL Shipping Rates Calculator?

Definition: This calculator estimates the cost of Full Truckload (FTL) shipping based on distance and load type rate.

Purpose: It helps shippers, logistics professionals, and business owners estimate transportation costs for full truckload shipments.

2. How Does the Calculator Work?

The calculator uses the formula:

\[ \text{Rates} = \text{Distance} \times \text{Load Type Rate} \]

Where:

Explanation: The distance is multiplied by the rate per mile to calculate the total shipping cost for a full truckload.

3. Importance of FTL Rate Calculation

Details: Accurate rate estimation helps in budgeting, pricing goods, and comparing carrier offers for full truckload shipments.

4. Using the Calculator

Tips: Enter the distance in miles and load type rate (default $2.50/mile). All values must be > 0.

5. Frequently Asked Questions (FAQ)

Q1: What is FTL shipping?
A: Full Truckload (FTL) shipping means you pay for the entire truck, regardless of whether you use all its space.

Q2: What factors affect the load type rate?
A: Rates vary by equipment type (dry van, reefer, flatbed), freight class, seasonality, and fuel costs.

Q3: What's a typical FTL rate per mile?
A: Rates typically range from $2.00 to $4.00 per mile but vary based on market conditions and lane specifics.

Q4: Does this include additional fees?
A: No, this calculates linehaul only. Consider adding 10-15% for fuel surcharges, accessorials, and tolls.

Q5: How accurate is this calculator?
A: It provides estimates. Actual rates may vary based on carrier negotiations, backhaul opportunities, and market volatility.

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