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).
Here are the 10 factors that determine LTL Freight Rates: 1  Weight: LTL freight rates are structured so that the more a shipment weights, the less you pay per hundred pounds. 2  Density: A shipment's density is one factor that determines LTL freight rates. 3  Classification of Freight. 4  Distance. Base Rates.  Freight All Kinds (FAK).