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Classification Phraseology as of:
9/1/2023
 
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
9/1/2023$5.39New/Renewal
9/1/2022$5.81New/Renewal
9/1/2021$4.94New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraseology:

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 deconsolidation 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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