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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.
Dimensional weight is representative of the weight of the package at the minimum density accepted by the freight carrier. [3] Shipping factors are not only different for imperial and metric measurements, but also for shipment mode and in some cases between different customers. Shipping factors will be available from the freight carrier.
Class 1 railroads with intermodal terminals and maritime RoRo ports. In the United States, railroads are designated as Class I, Class II, or Class III, according to size criteria first established by the Interstate Commerce Commission (ICC) in 1911, and now governed by the Surface Transportation Board (STB). The STB's current definition of a ...
In the United States, the Surface Transportation Board categorizes rail carriers into Class I, Class II, and Class III based on the carrier's annual revenue. The thresholds, last adjusted for inflation in 2019, are: [4] Class I: A carrier earning revenue greater than $504,803,294; Class II: A carrier earning revenue between $40,387,772 and ...
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck , ship , train , aircraft ), the weight of the cargo, and the distance to the delivery destination.
In the United States, commercial truck classification is determined based on the vehicle's gross vehicle weight rating (GVWR). The classes are numbered 1 through 8. [ 2 ] [ 3 ] Trucks are also classified more broadly by the Federal Highway Administration (FHWA), which groups classes 1 and 2 as light duty , 3 through 6 as medium duty , and 7 and ...
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