With sweeping changes to the less-than-truckload (LTL) classification system in the US coming July 19, shippers are wrestling with how to prepare for them.
The reclassification being pursued by the National Motor Freight Traffic Association (NMFTA) is meant to shift more products to density-based LTL classes, and that could affect how much LTL shippers pay to ship goods.
Just how much rates might change was a major issue for shippers participating in a recent Journal of Commerce webcast.
“We’ve tried to do some analysis but so few of our shipments had good NMFC [National Motor Freight Classification] information or dimensional information...
