SMC³ 203: LTL Freight Pricing (203)

LTL Freight Pricing is the third course in SMC³'s five course LTL Online Education series. It was designed and written by LTL professionals for seasoned LTL professionals looking for a refresher and for new LTL professionals just starting their career in the industry.

Ever wonder what it costs to transport freight using an LTL Carrier. How did the carrier calculate the cost for transportation? Why was my freight classified a certain way? In this course you will explore LTL pricing models, classification basics, base rates and gross rates, how discounts are used, and trends in LTL carrier costing. This course is perfect for those wanting to learn the necessary insight and knowledge to understand how rates are calculated, to seek favorable rates, and to save transportation dollars.

Hybrid Session Dates and Topics:
Jul 20 | The Fundamentals of LTL Freight Pricing - 2pm ET
Jul 27 | Classification & the Role of the NMFTA - 2pm ET
Aug 3 | Reduce Invoice Surprises - 2pm ET
Aug 10 | Weighing & Inspection Process – How to Navigate and Prevent Issues - 2pm ET
  • SMC³ 203 Hybrid Zoom Registration Link
  • Module 1: LTL Carrier Pricing & Carrier Costing
  • Module 2: Types of Carrier Expenses
  • Module 3: How LTL Freight is Classified and Priced
  • Module 4: Class-Based Vs Density-Based Pricing
  • Module 5: How an LTL Carrier Prices a Specific Shipper
  • Module 6: W&R/W&I; Proper Packaging
  • Module 7: Freight Costing Part One
  • Module 8: Freight Costing Part Two
  • 203 FINAL EXAM
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever