What Is LTL Shipping? LTL (Less-Than-Truckload) shipping is a freight service that combines shipments from multiple businesses into one truck. Instead of paying for an entire trailer, each shipper pays only for the space their freight occupies. This makes LTL an economical solution for shipments that are too large for parcel carriers but don't require a full truckload. Key Takeaways LTL shipping allows multiple businesses to share truck space and transportation costs. It is g