LTL shipping is less than truckload shipping. It is used to transport small freight or freight that does not require the space of an entire trailer. When you ship LTL, the shipper pays for a portion of a standard truck trailer that their freight occupies instead of paying for an entire truckload. LTL shipping offers many advantages and is ideal for shipping small cargo around the country. Some drawbacks to LTL shipping include longer delivery times. If you have time-sensitive deliveries. LTL may not be the best option.