Asked by Victoria Montanez on Jul 11, 2024
Verified
The cost per hundredweight (cwt)is generally higher for LTL shipments compared to TL shipments.
Cost Per Hundredweight (Cwt)
A pricing measure used in various sectors, indicating the cost of 100 pounds of a product.
- Comprehend how transportation fees, the selection of transport method, and fuel efficiency affect the planning of logistics strategies.
Verified Answer
GS
Gurveer SinghJul 17, 2024
Final Answer :
True
Explanation :
This is because LTL shipments involve multiple stops and handling, which increases the cost per unit of weight, while TL shipments involve a single delivery point and therefore have a lower cost per unit of weight.
Learning Objectives
- Comprehend how transportation fees, the selection of transport method, and fuel efficiency affect the planning of logistics strategies.