NMFC Code 58540 - Freight Classification Details

NOTE-Shipper must certify on shipping orders and bills of lading at time of shipment the actual value per pound of the property or the value group in item 58540 embracing the actual value per pound of the property. If the shipper fails to so certify the actual value, shipment will not be accepted, but if the shipment is inadvertently accepted, charges will initially be assessed on the basis of the class for the highest valuation provided in item 58540. Upon proof of lower actual value, freight charges will be adjusted accordingly.