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Similar in concept to the groupings or grading systems used in other industries, with the NMFC, commodities are grouped into one of 18 classes—from a low of class 50 to a high of class 500. [1] Classification is based on an evaluation of four transportation characteristics: density, stowability, handling and risk or liability.
There are two ways to join NMFTA: membership and participation in the National Motor Freight Classification (NMFC)®. [1] NMFTA's mission is to "Promote, advance, and improve the welfare and interests of the motor carrier industry. We do this through research, education, lobbying and developing industry standards and best practices.
n.o.s. = not otherwise specified meaning a collective entry to which substances, mixtures, solutions or articles may be assigned if a) they are not mentioned by name in 3.2 Dangerous Goods List AND b) they exhibit chemical, physical and/or dangerous properties corresponding to the Class, classification code, packing group and the name and description of the n.o.s. entry [2]
The Commodity Classification Standards Board (CCSB) develops and maintains National Motor Freight Classification (NMFC). The CCSB is an autonomous board of three to seven full-time employees of the National Motor Freight Traffic Association (NMFTA). The CCSB's staff includes a lawyer and a packaging consultant. [1]
Class 64 (ex Class 65) Diesel electric: 1582 kW: Co'Co' 100 km/h: 2004–present: Modernised version of class 60 (includes Electrical Train Heating and turbocharged 2, V8, Electro-Motive Diesel 8-710G diesel engine). Class 67/68: Diesel electric: 1546 kW: Co'Co' 100 km/h: 1959–1988: Same as class 60, but uses broad gauge (1520 mm) for ...
60-month (5 year) CD. 1.32%. 1.35%. Down 3 basis points. Pulling back on average rate updates over the past year shows minimal movement for traditional savings accounts with bigger movement on ...
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