Free course
LTL for brokers.
How less-than-truckload freight actually works — written for people selling and running it, not for people who already know. Seven modules, worked examples, and the specific mistakes that quietly take margin out of a shipment you thought was profitable.
- 01
What LTL actually is
How less-than-truckload freight physically moves, why it is priced so differently from a truckload, and when it is the wrong mode entirely.
- Describe how a shipment travels through an LTL network
- Explain why LTL pricing is not simply distance × weight
- Choose between LTL, volume, truckload and parcel for a given shipment
- 02
Describing freight correctly
Class, NMFC, density and dimensions — what they mean, how carriers verify them, and why a wrong description is the most common way a broker loses money.
- Calculate density and convert it to a freight class
- Explain the difference between class and NMFC
- Recognise the descriptions most likely to trigger a reweigh or reclass
- 03
What a shipment really costs
Base rate, fuel surcharge, accessorials, tariffs, discounts and minimums — how a carrier builds a number, and where the charges you did not quote come from.
- Break an LTL invoice into its component charges
- Explain how discounts, minimums and FAK interact
- Anticipate the accessorials a shipment will attract before you quote it
- 04
Quoting, margin and when to walk
How to price freight so you keep the customer and the margin, what a healthy LTL margin looks like, and how to recognise business worth losing.
- Price a shipment with a defensible margin
- Explain buy, sell and margin at each tier of a rate stack
- Identify freight that is not worth winning
- 05
Executing without losing money
The BOL, the tender, the pickup and the tracking — the operational habits that stop a profitable quote turning into an unprofitable shipment.
- Explain what the BOL commits you to
- Distinguish booking from tendering from dispatch
- Run a shipment so problems surface early enough to fix
- 06
When it goes wrong
Reweighs, reclasses, damage, shortages and claims — how to dispute what is worth disputing and how to keep a bad shipment from becoming a lost customer.
- Decide when a reweigh or reclass is worth challenging
- Protect a damage claim at the moment of delivery
- Handle a failure in a way that keeps the account
- 07
Getting paid
Invoice audit, settlement and cash flow — the unglamorous half of brokerage where the margin you quoted either survives or quietly disappears.
- Audit a carrier invoice against what you quoted
- Explain why a broker's cash position is structurally tight
- Set billing practices that protect margin without annoying customers
Course complete
Get your certificate
Enter your name, email and company to complete the course and get your certification. We will email you a copy — no account, no password.
We will email your certificate and may follow up once about Providence. Nothing else.
View my certificateThen what?
Providence TMS does the parts of this that should not be manual — rating every carrier at once, catching corrections before they reach your margin, and invoicing when a load is genuinely ready.
Screenshots are from the product, which is in English.