SMC³ HYBRID Series - 2022

SMC³ 203 HYBRID: LTL Freight Pricing (203-HYB-2022)

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 Topics and Dates:
July 14 | “The Basic Fundamentals of LTL Pricing & Costing” - 2pm EDT
July 21 | “Classification & the Role of the NMFTA” - 2pm EDT
July 28 | “Reduce Invoice Surprises” - 2pm EDT
Aug 4 | “Automating the Bid Process”- 2pm EDT

Past Speakers Include:
Eddie Sorg, VP Yield Management, ARC Best
Brian Thompson, Chief Commercial Office, SMC³
Paul Levine, Executive Director, NMFTA
Joel Ringer, Chairman - Freight Classification Development Council, NMFTA
Chris Thacker, Director of Traffic, Averitt Express
Ryan Poynter, Senior VP of LTL Carrier Relations and Pricing, GlobalTranz
Dave Woodwyk, Director of Pricing and Yield Management VP, Yellow Corp
John Kruzan, Director - Client Success, SMC³
  • REGISTER FOR LIVE SESSIONS: SMC³ LTL203 Hybrid Summer Series
  • 7/14/22 Live Session - The Basic Fundamentals of LTL Pricing & Costing
  • 7/21/22 Live Session - Classification and the role of the NMFTA
  • 7/28/22 Live Session - Reduce Invoice Surprises
  • 8/4/22 - Live Session - Automating the Bid Process
  • Module 1: LTL Carrier Pricing
  • 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
  • Let's Get Linked(In)
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever