The National Motor Freight Classification manual contains many density-based classification items. When the density of a shipper’s product is not indicated on the bill of lading or when there is insufficient information provided, the highest class found under the item heading will apply.
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A long-term solution for transportation funding is still needed. U.S. roads, bridges and highway infrastructure are in great need of repair. Pending a solution, the infrastructure continues to crumble all around us. This will start a wave of negative impact, beginning with transporting carriers, back to the manufacturers and eventually drowning customers in an unstable product market and transportation costs.
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The Surface Transportation Board held a very important hearing for rail shippers—especially captive shippers—last month. The hearing lasted two days regarding Ex Parte 722 on railroad revenue adequacy and Ex Parte 664 on calculating the railroad’s cost of equity capital.
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The American Trucking Associations (ATA) projects a 28.6% freight volume increase through 2026 for all modes of transportation. Trucking will continue to be the dominant mode of freight transportation. Pipelines are projected to benefit more than other modes due to the growth in energy production in the U.S.
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How familiar are you with the history of rail, or how familiar is your transportation department with the history of this large industry?
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Long-term solution for transportation funding is still needed. U.S. roads, bridges and highway infrastructure are in great need of repair. As we await a solution, the infrastructure continues to crumble all around us. This will a start a wave of negative impact, beginning with transporting carriers, back to the manufacturers and eventually drowning customers in an unstable product market and transportation costs.
