Simpler rate formula never charges more than truckload
Con-way Freight will soon begin offering “truckload-style” pricing for large less-than-truckload shipments by capping rates in an effort to funnel more business into its higher-cost LTL freight network.
The new rate system, which Con-way Freight is calling “True LTL Pricing,” will apply a simpler rate formula commonly used in truckload shipping and removes unexpected charges that can typically show up when moving large LTL freight, Con-way said. The carrier is also offering guaranteed delivery and will never charge more than truckload.
“We recognize customers tend to choose truckload for large LTL shipments due to the unexpected charges and unpredictability of LTL pricing,” said Con-way Freight President John G. Labrie. “Today, we’re fundamentally transforming the way we do business.”
Con-way Caps LTL Rates | Journal of Commerce
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