The organization that oversees pricing in the less-than-truckload industry, in what it has called a major overhaul of its antiquated shipment rating system, said it will consolidate or eliminate a large volume of irrelevant classifications that make LTL transport a nightmare for shippers, carriers and intermediaries.
The National Motor Freight Traffic Association (NMFTA) said it has launched what it calls the “Classification Reimagination Project.” Under the initiative, NMFTA will maintain the...
https://www.freightwaves.com/news/ltl-rating-group-begins-overhaul-of-classification-system