Less-than-Truckload Shipping (LTL)
This article is about a type of freight service. You may also be looking for ETF ProShares Ultra Telecommunications ETF (LTL).
LTL or less-than-truckload is a type of freight service. In LTL shipping, a trucking company typically consolidates multiple shipping orders onto one truck. These orders are usually destined for varying locations, and thus, require the trucking company to maintain sorting terminals.