Less than Truckload Market is Booming Across The Globe Exlored In Latest Research 2018 - 2026
Less than truck load does not require a full length 48 to 53 foot trailer for shipment. LTL (Less-than-truckload) carriers offers different services such as lift gate, residential pickups and deliveries, and freeze protection. Goods or products shipped using different mode of transport; however, the movement of goods by trucks offers higher flexibility owing to the low cost. LTL offers more cost-effective solutions of shipping goods for customers than full truckload (FTL). LTL carriers employ van trailers that are covered, or enclosed trailers. Rates of LTL freight depends on class, weight, pick up and destination, and additional services required in order to meet the need of the customer. Steady expansion of industrial and retail sectors, stringent capacity rules for overall trucking capacity throughout the industry, expansion of the e-commerce sector, and demand for quick shipment of products are likely to drive the less-than-truckload market during the forecast per...