Less-than-truckload, also known as or less-than-load (LTL), is a shipping service for relatively small loads or quantities of freight. Less-than-truckload services are offered by many large, national parcel services as well as by specialized logistics providers.
These services can accommodate the shipping needs of countless businesses that need to move smaller batches of goods frequently.
Less-than-truckload shippers offer economies of scale so that freight costs of individual shipments are minimized.
Therefore, there are typically many separate shipments being transported on one truck.