Freight Matrix

Often shippers may wonder what their freight-trucking price is and how it relates to the other shipping rates. What you pay to transport your freight is based on many different circumstances, including your shipping locations, the freight class and which carrier you choose. Often, freight forwarders would present their different pricing for freight shipping in a specialized graph template known as a freight matrix. For many shippers, the freight matrix remains a staple in the shipping industry. And chances are, if you are frequent shipper, you have probably seen at least one freight matrix in your lifetime. For example, a freight matrix would list all different prices for transporting freight from a certain location to different locations.

For many years, brokers would use a freight matrix to organization pricing and to display it in a convenient way to shippers. Each broker or carrier might have their own unique setup of a freight matrix, but in general, the freight matrix will organize all of the shipping prices based on numerous factors. In the grid of the freight matrix, some pricing factors include the shipping origin, shipping destination, the size of your shipment, the weight per cubic foot or the freight class.

It should be noted that on many freight matrix templates, it seems that the higher the freight class, then the higher the cost. The National Motor Freight Traffic Association (NMFTA) created these freight classes. Nowadays, the freight matrix might be digital and used when getting instant freight shipping rates online.