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4.3.1 Property Carriers (369.1—369.2)

Under 49 CFR 369.2, for-hire, non-exempt motor carriers of property including household goods and dual property carriers, are classified by their adjusted annual carrier operating revenues as follows:

  • Class I, Property: $10 million or greater;
  • Class II, Property: $3-10 million; or
  • Class III, Property: less than $3 million.

Class I and Class II property carriers must file an Annual Report Form M on or before March 31 of the following year.

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