Transportation and Logistics Freight Class Each product that moves by an LTL carrier has a freight class assigned. A single governing body know as the National Motor Freight Traffic Association (NMFTA) determines a product's freight class. All carriers acknowledge the product's classification that is assigned by this group, it is virtually the unspoken gospel. The NMFTA will analyze a product's typical size, value, density and difficulty of transporting that particular type of product.
Once they have analyzed the product, they will assign that product a freight class. The freight class will range from 50 to 500. The lower the freight class, the cheaper the cost will be to move the item. Typically items at lower classes will be items that are very dense, easy to transport and will typically have a low per pound value. The higher the International Freight Forwarders class, the cost to move the item will be more expensive. Items listed at higher classes will be more bulky, difficult to transport with lower weights and are more valuable.
It is very important that the correct class information be entered into the quoting system to allow customers to receive accurate quotes. A carrier has the right to inspect any item being shipped on their trucks. If a product's description does not match the class that is shown on the Bill Of Lading. the carrier does have the right to adjust the billing and bill the shipment at a higher freight class. International Freight Forwarders shipping is not a glamorous industry, but it is a very necessary part of the worlds supply chain, and if utilized the right way a company can save a lot of money.
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Each product that moves by an LTL carrier has a freight class assigned. A single governing body know as the National Motor Freight Traffic A...