FedEx Freight Priority offers LTL shipping services to the U.S., Mexico, and Canada. Its optional services include A.M. delivery and Close of Business delivery.
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Additional services like liftgates, driver assist, and residential delivery can result in added charges on your freight invoice.
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.
From general liability, freight classification, cargo, prior loss history, to a host of other factors, there are too many dynamics involved with each LTL shipment calculate the cost of cargo insurance with a simple formula. However, a base rate for cargo insurance usually starts the value of what you‚Äôre insuring. A percentage is then calculated based off a dollar value (usually in cents) to every $100 of the invoice total. That percentage will dictate the minimum cost of insurance.
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.