LTL Freight Rates on the Rise

Facebook
Twitter
LinkedIn
Email

 

ltl-rates-on-the-rise

Less-than-truckload rates are on the rise. LTL carriers, Conway Freight, UPS and ABF Freight Systems, have recently announced general rate increases that will hit customers in the coming months. This is the second time this year that general rate increases were announced (Read our post about the April GRIs, LTL Freight Carriers announce General Rates Increases).

LTL Freight Carrier Percentage (%)Effective DateUPS Freight4.9December 29, 2014ABF Freight System5.4October 27, 2014Conway Freight4.7November 3, 2014

GRI, or general rate increase, is the average amount by which carriers’ tariff rates increase applied to base rates. It is extremely difficult for an individual shipper to calculate how this rate increase will impact their bottom line. Working with a logistics broker, like PLS Logistics, can help shippers understand the rate increase and keep their costs down. Looking to learn more about LTL pricing? Download the LTL Freight Class eBook.

Contact Us

 

Subscribe to our blog to get industry insights and stay on top of the latest news!

More from the Logistics Blog

Get A Quote

Compare the best freight rates from more than 55,000 carriers

Contact Us
Call (888) 814-8486
sales@plslogistics.com

By entering a phone number, you consent to receive a call or text from PLS.