NMFC Code 48390 - Freight Classification Details
Description
Ore, NOI, in bags, boxes, drums or pails:
Notes
NOTE-The value declared in writing by the shipper, or agreed upon in writing as the released value of the property, as the case may be, must be entered on shipping order and bill of lading as follows: 'The agreed or declared value of the property is hereby specifically stated by the shipper to be not exceeding ____ per pound.' (Classes herein based on released value have been authorized by the Interstate Commerce Commission in Released Rates Order MC No. 1 of January 16, 1936, as amended October 20, 1948, August 9, 1966, October 7, 1966, October 12, 1970 and March 31, 1980.)
NMFC Sub Class 1 | Freight Class 60
Description
Released value not exceeding 5 cents per pound, see Note, item 48392
NMFC Sub Class 2 | Freight Class 70
Description
Released value exceeding 5 cents per pound but not exceeding 40 cents per pound, see Note, item 48392
NMFC Sub Class 3 | Freight Class 100
Description
Released value exceeding 40 cents per pound but not exceeding $1.00 per pound, see Note, item 48392
NMFC Sub Class 4 | Freight Class 200
Description
Not released as to value