Land transport LTL, or Less than Truckload, is a shipping method that allows businesses to transport smaller quantities of goods without the need for an entire trailer. This method is particularly useful for companies that don’t require larger quantities of goods to be transported at once. LTL shipments are usually consolidated with other customers shipments, meaning that the trailer is shared among multiple businesses. This maximizes the vehicle’s utilization and lowers the per-unit transportation cost for each company.