Less than truckload LTL

{
  "id": "MLC-T-INS-003676",
  "term": "Less than truckload LTL",
  "field": "Insurance and risk management",
  "definition": "A freight shipping method for cargo that does not require a full 48- or 53-foot trailer. Less than truckload (LTL) carriers consolidate shipments from multiple customers onto a single truck for efficiency. This method contrasts with full truckload (FTL) shipping, where one shipper's goods occupy the entire trailer space, and is priced based on factors like weight, freight class, and distance.",
  "url": "https://mlchart.com/terminology/insurance/less-than-truckload-ltl/"
}