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).
Another factor in the costs of LTL shipping are fuel surcharges. Fuel surcharges are the fuel costs associated with the lane of a shipment and added on top of line haul costs. Fuel is updated on a weekly basis and is based on the national average of diesel. With rising fuel costs LTL shipping has seen an increase, because when consumers are buying less the need to ship is lower.