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Classification Phraseology as of:
1/1/2018
 
Classification Code:
7360(2)
 
Phraseology:

FREIGHT FORWARDERS OR CONSOLIDATORS — N.O.C.

Footnote:

This classification applies to the consolidation or deconsolidation of freight at a terminal location in preparation for shipping by truck, air, rail or ship for other concerns on a fee basis. This classification includes the incidental pickup of freight for consolidation and forwarding purposes.

Unloading, consolidating and loading services performed for other concerns on a fee basis at customers' shipping or receiving terminals shall be classified as 7360(1), Freight Handlers.

The hauling of freight for other concerns on a fee basis and all incidental freight handling activities shall be separately classified.

The storage of freight for other concerns on a fee basis shall be separately classified.

Approved Pure Premium Rate:
To learn how approved pure premium rates are different than insurer rates, click here.
Effective DatePure Premium RateNote
1/1/2018$7.98New/Renewal
7/1/2017$8.26New/Renewal
1/1/2017$8.95New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

FREIGHT FORWARDERS OR CONSOLIDATORS — N.O.C.

This classification contemplates the consolidation of freight at a terminal location in preparation for shipping by air, rail, or ship as well as the de-consolidation of freight shipped by separate concerns. Incidental pickup of freight for consolidation purposes is also contemplated by this classification.

Hauling of freight on a fee basis or freight handling activities in connection therewith shall be classified as 7219(1), Trucking Firms.

The storage of freight on a fee basis shall be separately classified.

1/1/2016
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