FedEx grew from delivering 186 packages on its first day of operations to delivering millions every day. FedEx Freight, its LTL shipping service, offers shipping services throughout North America.
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From machines that stretch-wrap your freight pallets for you, to software that remembers and auto-fills the weight and dimensions of your most frequently shipped items, there are a variety of ways to automate your processes and save time when preparing your shipment.
Tightly securing boxes on pallets with wraps and straps can keep things together and prevent loose cargo from jostling around and sustaining damage.
Cargo insurance protects shippers from financial loss due to damaged or lost shipments. It pays out the amount shippers are insured for if an unexpected event happens while the freight is in transit.
Generally speaking, freight insurance will cost between 0.5% and 2% of the value of the goods being shipped. The actual cost may depend on other factors, including the freight class and general liability of the items.
Although most LTL experts consider it an absolute necessity, cargo insurance is not required for every shipment. It is up to the shipper to secure freight insurance for their items in order to protect them from potential damage while in transit.
Cargo insurance coverages include shipment transportation via water, air, road, and rail. Exclusions include items with inherent vice, latent defects, or improper packaging.