FTL Shipping Formula:
From: | To: |
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.
The calculator uses the formula:
Where:
Explanation: The distance is multiplied by the rate per mile to calculate the total shipping cost for a full truckload.
Details: Accurate rate estimation helps in budgeting, pricing goods, and comparing carrier offers for full truckload shipments.
Tips: Enter the distance in miles and load type rate (default $2.50/mile). All values must be > 0.
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.