The following is a list of terms that are most commonly associated with TL, LTL and consolidation road transport.
Astray B/L (Bill of Lading) -
An itemized list of goods contained in a shipment. Multi-use documents
that are essential to conduct the day to day operations when transportation
of supplies, materials, and personal property is required. These primary
documents are used to procure freight and express transportation and
related services from commercial carriers, including freight forwarders.
Base Rate - A tariff term referring to a rate less accessorial charges,
or simply the base tariff rate. Base rates are usually shown "per
hundred pounds" and are often discounted by 40-70%.
Bilateral - A
contract term meaning that both parties agree to a contractual provision.
Bill of Lading (B/L)
- An itemized list of goods contained in a shipment. Multi-use documents
that are essential to conduct the day to day operations when transportation
of supplies, materials, and personal property is required. These primary
documents are used to procure freight and express transportation and
related services from commercial carriers, including freight forwarders.
Billing - Preparation
of the freight bill, the primary document for a common carrier shipment
including a description of the freight, number of pieces, and charges.
See "Freight Bill."
Bill-To Party
- Customer designated as the party paying for services.
Billed Weight
- The weight shown on a waybill or freight bill, i.e., the invoiced
weight. Could be different than the "Actual Weight."
Blind Shipment
- A B/L wherein the paying customer has contracted with the carrier
where either the shipper or consignee information is not provided.
Broker - Any person
who sells transportation without actually providing it. A person who
arranges for transportation of loads for a percentage of the revenue
from the load.
Carrier
- Any person or entity who, in a contract of carriage, undertakes to
perform or to procure the performance of carriage by rail, road, sea,
air, inland waterway or by a combination of such modes.
Cartage - Usually
refers to intra-city hauling on drays or trucks.
Chock - A piece
of wood or other material placed at the side of tires or cargo to prevent
rolling or moving.
Claim - A demand
made upon a party for payment on account of a loss, damage, or overcharge
sustained through its alleged negligence.
Claim Prevention
â The continuous activity of every employee in reducing the number of
claims by performing the basic requirements of shipping, receiving,
handling, transporting, and delivering shipments on-time without any
shortages or damages.
Common Carrier
- A transportation company which provides service to the general public
at published rates.
Concealed Damage
- Damage that is not evident from viewing the unopened package.
Consignee - A
person or company to whom commodities are shipped.
Consignor - A
person or company shown on the bill of lading as the shipper.
Cubic Foot - 1,728
cubic inches. A volume contained in a space measuring one foot high,
one foot wide, and one foot long (12" x 12" x 12").
Deficit
Weight - The weight by which a shipment is less than the minimum
weight.
Delivery Receipt
â The control document used to deliver freight to the consignee. The
delivery receipt (D/R) is signed by the consignee and the driver. Also
used as a receipt for collecting monies and for recording delivery exceptions.
A signed bill of lading may also be used as a delivery receipt.
Density - The
weight of cargo per cubic foot or other unit.
Weight (in pounds) divided by [(Length" x Width" x Height")
divided by 1728].
Driver Collect
- Where the delivering carrier's driver collects the freight charges
from the consignee "on the spot" because the consignee has
not established credit privileges with the carrier.
Dry Cargo - Cargo
that is not liquid and normally does not require temperature control.
Exception - Notations
made when the cargo is received by the customer, at carrier's terminal,
or loaded aboard a vessel. Exceptions show any irregularities in packaging
or actual or suspected damage to the cargo. Exceptions are then noted
on the B/L, freight bill, or delivery receipt.
Exempt Carrier
- Motor carriers who are exempt from regulation by the type of commodity
hauled (agricultural, newspapers) or the type of service provided (in
conjunction with air, local in nature).
FCL - Abbreviation
for "Full Container Load." Similar to a TL or Truckload.
Free Astray -
An astray shipment (a lost shipment that is found) sent to its proper
destination without additional charge.
Freight - Any
commodity being transported - or the charges assessed for carriage of
the cargo.
Freight Bill
- An invoice. Document for a common carrier shipment. Gives description
of the freight, its weight, amount of charges, taxes, and the party
responsible for payment.
Freight Charge
- The transportation charge for transporting freight. Sometimes used
synonymously with "Rate."
General Freight Carrier
- A carrier which handles a wide variety of commodities in standard
trailers. Such carriers can provide truckload or less than truckload
service.
Gross Weight -
Entire weight of goods, packaging, and container, freight car, or container,
ready for shipment. Generally, 80,000 pounds maximum container, cargo,
and tractor for highway transport.
Household
Goods â Also referred to as personal effects.
In Bond - Cargo
moving under Customs control where duty has not yet been paid..
Invoice - An itemized
list of goods shipped to a buyer, stating quantities, prices, shipping
charges, etc
LCL
- Abbreviation for "Less than Container Load." The quantity
of freight which is less than that required for the application of a
container load rate.
LCV - Abbreviation
for "Longer combination vehicle." A tractor pulling at least
two trailers.
LTL (Less than Truckload)
- A quantity of freight less than that required for the application
of a TL or truckload rate. The historical definition of LTL freight
is "shipments under 10,000 pounds."
Logistics - That
part of the supply chain process that plans, implements, and controls
the efficient, effective flow and storage of goods, services, and related
information from the point of origin to the point of consumption in
order to meet customers' requirements.
Loose Freight
- Without packing. Sometimes used to refer to freight that has not been
palletized or otherwise unitized, i.e., "loose cartons."
Nested - Articles
packed so that one rests partially or entirely within another, thereby
reducing the cubic foot displacement, i.e., paper cups.
NVOCC (Non-Vessel
Operating Common Carrier) - A cargo consolidator in ocean trades
who will buy space from a carrier and sub-sell it to smaller shippers.
The NVOCC issues bills of lading, publishes tariffs, and otherwise conducts
itself as an ocean common carrier, except that it will not provide the
actual ocean or intermodal service.
Open
Top Container - A container fitted with a solid, removable roof,
or with a parpaulin roof so the container can be loaded or unloaded
from the top; also known as "Rag Top."
P&D
â An acronym for âpickup and delivery.â LTL and TL freight systems
typically have operations for pickup and delivery within cities and
freight flow operations for transport of freight between cities.
Packing List -
Itemized list of commodities with marks/numbers, but no cost values
indicated.
Pallet - A platform
with or without sides on which a number of packages or pieces may be
loaded to facilitate handling by a lift truck; often referred to as
a "Skid."
Pickup - The act
of picking up freight at the consignor's shipping platform. The act
of calling for freight to be picked up by truck at the consignor's shipping
platform.
Prepaid - A freight
payment term where the freight charges are to be paid by the shipper
or a third party, not by the consignee.
Proof of Delivery
(POD) - A paper or electronic document, verifying that a shipment
was delivered. The POD includes the shipment details, a consignee representative's
signature, the date received, and any delivery exception notations,
e.g., pieces short, damaged.
Rate - The charge
per hundred pounds, per piece, or per shipment for transporting freight.
Sometimes used synonymously with "Freight Charge."
Rate Basis - A
formula of the specific factors or elements that control the making
of a rate. A rate may be based upon a number of factors, e.g., weight,
measure, density, equipment type, package, box, etc.
Reconsignment
- Changing the consignee or destination on a bill of lading while shipment
is still in transit (before delivery). Also referred to as "Diversion."
Remittance - Funds
sent by one person to another as payment. "Remittance Advice"
includes all invoice numbers being paid by each payment.
Shipment
- A package or group of packages typically sent from one shipper to
one consignee on one bill of lading.
Shipper - The
person or company who is usually the supplier or owner of commodities
shipped. Also called Consignor.
Shipper's Load &
Count (SL&C) - Shipments loaded and sealed by shippers and not
checked or verified by the carrier.
Shipping Order
- Shipper's instructions to carrier for forwarding goods; usually the
triplicate copy of the bill of lading.
Shortage â The
number of pieces in a shipment are fewer than the piece-count shown
on the movement document.
Single Shipment
â A shipment rated as less than 500 pounds and is picked up at one location
with no other shipments.
Supply Chain -
A logistical management system which integrates the sequence of activities
from delivery of raw materials to the manufacturer through to delivery
of the finished product to the customer into measurable components.
"Just in Time" is an example of supply chain management.
TL
- Abbreviation for "Truckload." Quantity of freight required
to fill a truck. When used in connection with freight rates, the quantity
of freight necessary to qualify a shipment for a truckload rate. Historical
definition is a shipment of 10,000 or more.
Tariff
- A publication setting forth the rules, rates, and charges of companies.
Terms of Sale
- The point at which sellers have fulfilled their obligations so the
goods in a legal sense could be said to have been delivered to the buyer.
Thirteen shorthand expressions that set out the rights and obligations
of each party when it comes to transporting the goods.
Truckload TL-
Quantity of freight required to fill a truck. When used in connection
with freight rates, the quantity of freight necessary to qualify a shipment
for a truckload rate. Historical definition is a shipment of 10,000
or more.
Unloading Allowance
â A tariff allowance to a customer for unloading its shipments from
a carrierâs trailer, thereby reducing the carrierâs labor cost. Usually
a fixed sum per hundredweight, conditioned on a specific volume that
must be tendered in a single day. Usually, the customer files for (claims)
the allowance once each month. See also Loading Allowance.
Volume Rate â
A rate (usually less expensive than the LTL scale of rates) for large
volume shipments.
Warehousemanâs
Liability â A warehouseman is liable for loss or damage to goods
caused by failure to exercise âreasonable careâ while the product is
in his possession. Under certain circumstances, the carrierâs cargo
claim liability reverts to that of a warehouseman (usually when the
carrier cannot deliver a shipment and must store the product at carrierâs
location or at a public warehouse). The interpretation of âreasonable
careâ and the corresponding financial responsibilities in these situations
are sometimes vague and are often determined by common law cases. In
general, warehousemanâs liability has proven to be less than full common
carrier liability.
Waybill - A document
prepared by a transportation line at the point of a shipment; shows
the point of origin, destination, route, consignor, consignee, description
of shipment and amount charged for the transportation service. It may
move with the shipment or be forwarded to the agent at the transfer
point or waybill destination.
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