Meaning
What do Adjustments mean?
Generally speaking, all costs weren't quoted for a variety of reasons. These costs can be added for a discrepancy between the freight characteristics quoted and the delivered shipment details of weight, class, and dimensions, or maybe accrued for additional services performed such as a liftgate, additional unloading hours, equipment, etc.
Freight classification is assigned to an article for the purpose of applying transportation charges. This is used for less than truckload (LTL) shipments.
Classification
What is Beneficial Cargo Owner (BCO)
Refers to the importer of record, who physically takes possession of cargo at destination. And does not act as a third party in the movement of such goods.
Brokerage License
A broker gains this in order to have the ability to make land, sea, and air freight shipping arrangements.
Standardized re-sealable transportation box used in land, sea, and rail shipping. The most common sizes are 20-footer & 40-footer.
Container
Who is an agent?
A person who transacts business on behalf of another person or company with full or limited decision-making authority.
A carrier that can be hired by anyone to transport goods, typically hauling less than truckload freight.
Common Carrier
What is Blocking and bracing?
Refers to wood or other supports used to keep shipments in place on trailers or in containers.
Freight that is not contained within packages or containers is referred to as bulk freight.
Bulk Freight
When a container or trailer is delivered from one railroad as part of the shipping route, the move is called cross-town shipping.
Cross-Town
What is an Axle Load?
What weight limit is permitted per axle.
When the recipient of a package is not able to see damage to the item(s) until the package is opened. The damage was not visible at the time of delivery.
Concealed Loss
What is Blind Shipment?
When the shipper and receiver are not aware of one another, the freight shipment is called a blind shipment. In such cases, the bill of lading lists the party that paid for the shipment as the shipper or receiver of the freight shipment.
A person or company who transports freight for a fee.
Carrier
The total freight load capacity of any truck, train or ship is measured in cubic feet, and therefore the carrying capacity is known in the industry as cubic capacity.
Cubic Capacity
What is the Bill of Lading (BOL)?
The bill of lading or BOL is the contract between shipper and carrier, broker or agent that binds the parties together and defines all aspects of the freight shipping arrangement including what is being shipped and to whom.
In a contract of carriage, the entity that is financially responsible (the buyer) for the receipt of a shipment. Generally, but not always, the consignee is the same as the receiver
Consignee
What is Bogie?
This is a rail term that refers to a frame with wheels on which a container is mounted for over-the-road transport.
A trucking term that refers to shipping freight within the same city or area.
Cartage
A person or company who is licensed by the U.S. Treasury Department to act on behalf of freight importers and exporters with respect to U.S. Customs transactions.
Customs Broker
What is Back Haul?
The return trip of a truck transporting cargo or freight. It may be a return to the origin of the freight hauled in which the carrier is willing to offer a discount to secure freight for the trip.
When two or more shipments are combined to save money on freight shipping costs.
Consolidation
Who is a Broker?
A person who makes freight shipping arrangements on behalf of a person or company. The broker has experience in the industry and negotiates shipping rates on behalf of the client.
A rail term that refers to a frame with wheels and locking devices to secure a container during shipping.
Chassis
is any event that prevents the freight from being accepted or handled. Embargo events include floods, tornadoes or congested highways.
Embargo