horseâ¢shoe. 1. a U-shaped metal plate, plain or with calks, nailed to a horse's hoof to protect it from being injured by hard or rough surfaces. 2. something U-shaped, as a valley, river bend, or other natural feature. 3. horseshoes, (used with a sing.
LTL stands for Less-Than-Truckload, which means the shipment does not completely fill an entire truck. An LTL freight shipment is typically palletized and ranges anywhere from 150 lbs to 10,000 lbs. Large Shipments over 10,000 lbs are usually moved by Full truckload (FTL).
LTL freight rates can be very confusing. Unlike truckload which has rates usually based on a per-mile rate or a price per-hundred weight plus a fuel charge, many factors regulate LTL rates which will most definitely impact the cost of a shipment. Weight: LTL freight rates are structured so that the more a shipment weights, the less you pay per hundred pounds. 2  As the weight of the LTL shipment increases and approaches the lowest weight in the next heaviest weight group, it will be rated at the lowest weight category and rate in that weight group.