Determining the correct NMFC (National Motor Freight Classification) is critical to successfull shipping and controlling costs. The NMFC is used by carriers to categorize and identify freight to provide a rate to shippers. Are you aware of the upcoming NMFC changes which will take place in August?
Regardless of how much industry experience you have, determining freight classification and staying in line with the National Motor Freight Traffic Association’s (NMFTA) rules, can be frustrating, especially if you get it wrong. However, determining your shipment’s freight class is a critical step to effectively managing your supply chain. Not only does class determine your hard cost, but it’s also a vital factor when it comes to dealing with possible claims or disputes.
Whether you’re new to the transportation industry or brushing up on your terminology, it can be challenging to understand freight related terms. Without insight into what the terms mean and how to apply them to your shipments, logistics can become frustrating – especially when the terms are related to charges. To better help you, the experts at Ascent came together to define shipping terms that we frequently receive questions about and expand on how these terms apply to you.