Con-way introduces new LTL pricing model

Con-way introduces new LTL pricing model

Labrie

   Less-than-truckload carrier Con-way Freight on Tuesday introduced a new pricing model for large LTL shipments.
   Dubbed 'True LTL Pricing,' the company said it's the first capped pricing model offering customers 'uncomplicated truckload-style pricing for large LTL shipments.'
   “Customers want LTL shipping to be easy to use and less expensive than truckload, no matter whether their shipments are large or small,” Sean Devine, vice president of pricing/engineering, Con-way Freight, said in a statement. “True LTL Pricing offers this certainty to everyone without the need for negotiations.”
   Devine also touted the potential environmental benefits of the new pricing system.
   'It also represents a big step on the sustainability path as it reduces waste in the transportation industry,” he said. “Mixing smaller and larger shipments decreases the number of trucks on the road — ultimately conserving fuel, reducing carbon emissions and cutting down on traffic congestion.”
   True LTL Pricing applies the formula commonly used in truckload shipping and removes many of the current unexpected charges, such as the lineal foot rule, shippers face when moving large LTL freight.
   Shippers will never pay more than truckload and are also offered guaranteed on-time delivery and same-day pickup whenever needed.
   “We recognize customers tend to choose truckload for large LTL shipments due to the unexpected charges and unpredictability of LTL pricing,” said John Labrie, president of Con-way Freight. “We’re fundamentally transforming the way we do business with the introduction of True LTL Pricing.”