Ltl Freight Broker
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Less-Than-Truckload (LTL) Shipping - Less-Than-Truckload (LTL) shipping is the transportation of relatively small freight. The alternatives to LTL carriers are parcel carriers or full truckload carriers.
Truckload carrier - A truckload carrier is a trucking company that generally contracts an entire trailer-load to a single customer. This is as opposed to a less-than truckload (LTL) company that generally mixes freight from several customers in each trailer.
Freight derivative - A Freight derivative is a financial instrument for trading in future levels of freight rates, primarily for dry bulk carriers and tankers. Such instruments include exchange traded futures contracts and options on futures contracts, plus OTC (over-the-counter) freight forward contracts like FFAs (Forward Freight Agreements) swaps and swaptions.
Broker - In commerce, a broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal.
ltlfreightbroker
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