HSN stands for Harmonized System of Nomenclature. It is a system for classifying commodities created by the World Customs organization. U.S. LTL shipping, however, uses NMFC classifications instead.
The class determines the cost of the shipping. The lower the class, the lower the cost.
Density is the relationship between weight and size. A ping pong ball, which is very little material surrounding a good amount of air, is low density. Bricks, which are heavy for their size, are high density. In LTL shipping, it is commonly measured in pounds per cubic foot.