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LTL Industry Readies for New Freight Classifications on July 19
The National Motor Freight Traffic Association, a nonprofit trade group that publishes the freight classifications, is simplifying its nearly 90-year-old rating system to move the industry toward a more density-based approach that will better reflect the actual cost to ship goods. From FreightWaves.
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Editor's note: recently, we sent out a confidential Member-Ask-the-Members question asking:
Has anyone investigated the impact the upcoming LTL Classification Change will have on their freight costs? If so, how have companies changed their freight policies?
If you would like to send in a response to this question for the answer compilation, please email it to Sharon Flick at sflick@glga.info.
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