Freight Classifications
According to the National Motor Freight Traffic Association, "the National Motor Freight Classification (NMFC) is a pricing tool that provides a comparison of commodities moving in interstate, intrastate and foreign commerce. It is similar in concept to the groupings or grading systems that serve many other industries. Commodities are grouped into one of 18 classes—from a low of class 50 to a high of class 500—based on an evaluation of four transportation characteristics: density, stowability, handling and liability. Together, these characteristics establish a commodity’s “transportability.”

As mandated by the Surface Transportation Board of the U. S. Department of Transportation, for classification purposes all commodities are evaluated on the basis of the four transportation characteristics and ONLY on the basis of those four characteristics. The NMFC thus provides both carriers and shippers with a standard by which to begin pricing negotiations and greatly simplifies the comparative evaluation of the many thousands of products moving in today’s competitive marketplace."

Millennium Group of Indiana will assist our customers in finding their appropriate freight classifications. This will ensure compliance with the carrier’s terms and conditions, as well as ensuring that your product is adequately insured while in transit.

Three Tier F.A.K.
A three tier FAK is where a freight company will reduce the actual class of the freight to a lower class. For instance, your commodity is typically shipped at a class 65, but under the Millennium pricing, this would be decreased to a class 50. The classification breaks for our freight are as follows:

Class 50 through 65 are shipped at Class 50
Class 70 through 95 are shipped at Class 70
Class 100 through 150 are shipped at Class 100
Anything over Class 150 is shipped at its actual class.

Pricing Discounts
Most LTL carriers figure their pricing structure on base rates and then applying a discount. The discounts offered by these carriers depend upon the volume of shipments you have.

Utilizing the shipment volume for all of our customers, Millennium is able to negotiate top tier discounts. These savings are passed onto your organization, allowing you to become more competitive with your pricing, and possibly turning freight into a profit center for your company.

For this service Millennium Group guarantees that we will only use known trucking companies so that you can rest assured that a reputable company is handling and delivering your freight.