NMFC Update Shifts LTL Shipping to Densitybased Pricing
The National Motor Freight Traffic Association (NMFTA) has implemented the latest version of the National Motor Freight Classification (NMFC) system, requiring shippers to provide more accurate freight density information for fairer freight pricing. With the new regulations now in effect, Less-than-Truckload (LTL) carriers must actively embrace the change, strengthen communication with customers, and leverage digital tools to improve operational efficiency to succeed under the new rules. This shift necessitates adaptation and a proactive approach to ensure continued success in the evolving logistics landscape.
