The National Motor Freight Traffic Association (NMFTA) created the National Motor Freight Classification (NMFC). It is used for all interstate, intrastate, and foreign commercial movement of LTL cargo. NMFC codes provide standardized freight classes to determine the transportability of the large variety of commodities that are shipped together in LTL shipments every year.
Freight class 50 is the least expensive because it refers to the freight that is easiest to transport for the carriers.
If you don't include an NMFC code on your BOL, it is very likely that your carrier will charge you a reclassification fee and charge you the cost of shipping the freight they they determine your shipment is.