Classifications

Logistics Management Group News Editor Jeff Berman recently interviewed Ali Faghri Chief Strategy Officer at Greenwich, Conn.-based national less-than-truckload (LTL) carrier XPO. Faghri provided Berman with a detailed overview of the LTL market, economic conditions, and how XPO is leveraging AI, among other topics, in the interview below.

Despite the largest less-than-truckload carrier FedEx Freight delaying implementation until December 1, the biggest change in the National Motor Freight Traffic Association (NMFTA) has begun what it calls the “successful implementation” of one of the most significant updates to the National Motor Freight Classification (NMFC) system in its nearly 90-year history.

Shippers and less-than-truckload (LTL) carriers are continuing their adjustments and preparation for major changes in classification ratings of their freight shipments that begin on July 19 and will continue throughout the year.