Freight classification is an important part of LTL — shaping everything from pricing to operational efficiency. LTL freight is complex, comprising a wide variety of products and materials. Classification gets even more complicated with models like hub and spoke, where freight is moving constantly between different docks and trailers. With all this complexity, how does freight get classified?

For LTL, getting a grasp of what constitutes fair freight pricing goes a long way toward building better relationships between shippers and carriers. A recent session of The SMC³ LTL Online Education webinars asked the experts to zero in on some core fundamentals of pricing. Kevin Housley, Senior Director of LTL pricing at Scan Global Logistics and Clete Cordero, Director of Pricing at Southeastern Freight Lines, provided insights grounded in years of experience on all the factors that should go into LTL pricing in 2024.

LTL continues to grapple with how sustainability concerns are poised to reshape the industry in the coming years. Promising innovations from within the industry and stringent regulations imposed by state and federal agencies all but guarantee seismic shifts on the near horizon. The question on everyone’s lips: will these changes transform the industry for the better – or do they have the potential to destroy it?

Featuring two Leadership Series sessions and one panel discussion, the second day was chock-full of insights and pressing questions. Both Leadership Series sessions explored emerging industry trends, actionable business strategies, and the technologies driving the future of trucking and supply chain management. Sandwiched in between the two leadership sessions, a panel discussion featured three of the many giants in the third-party logistics (3PL) industry, leaders who are reshaping the space. Featuring an innovative playbook of strategies and trends, the panel addressed the relentless pace of emerging technologies—and how to keep up.

Learn more about the insights and best practices discussed at Connections 2024, where collaborative supply chain intelligence meets actionable insights and solutions.

It’s been reported that Mark Twain famously said upon reading his own premature obituary: “The reports of my death are greatly exaggerated.” The same can be said about electronic data interchange (EDI) software—as many in the less-than-truckload (LTL) industry lament its demise because application programming interface (API) has entered the supply chain technosphere.