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The National Motor Freight Classification ( NMFC) is a North American voluntary standard that provides a comparison of commodities moving in interstate, intrastate and international commerce via freight shipment. The standard is developed and maintained by the Freight Classification Development Council (FCDC) and published by the National Motor ...
t. e. In transportation, freight refers to goods conveyed by land, water or air, [1] while cargo refers specifically to freight when conveyed via water or air. [2] [3] In economics, freight refers to goods transported at a freight rate for commercial gain. The term cargo is also used in case of goods in the cold-chain, because the perishable ...
XPO is the second largest provider of less-than-truckload services in North America. [38] Since November 2022, the company's North American operations have been solely focused on LTL freight transportation. [39] LTL is a freight model which involves shipping smaller quantities of goods for multiple customers at a time. [40]
Package delivery. Package delivery or parcel delivery is the delivery of shipping containers, parcels, or high-value mail as single shipments. The service is provided by most postal systems, express mail, private courier companies, and less-than-truckload shipping carriers. [1] Package delivery is different in each country, and how packages are ...
Total Quality Logistics. Total Quality Logistics (TQL) is a North American freight brokerage and third-party logistics firm. [ 4 ] It was founded in 1997 by Ken Oaks in Cincinnati, and is headquartered in nearby Union Township, Clermont County, Ohio. [ 5 ][ 6 ][ 7 ] As of 2021, TQL is the largest private company in greater Cincinnati according ...
The company reduced its use of purchased transportation in the quarter, or outsourced linehaul carry, and that, along with higher prices, helped lower the adjusted operating ratio in the core ...
Truckload shipping. Truckload shipping is freight transport in which a semi-trailer or intermodal container is filled entirely with one type of cargo. It differs from less-than-truckload shipping (LTL) in which freight from multiple customers is combined in one trailer. A truckload carrier is a trucking company that contracts entire trailer ...
Freight rate. 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.