Chapter 8
Carriers
Chapter 8
Bill of Lading
Chapter 8
What-ever...
Chapter 9
Chapter 9
100
The key document in the movement of goods; it contains information about the products being shipped including weight and quantity, the origin of the shipment, contract terms between the carrier and shipper, and the final destination.
Bill of lading
100
A sight draft bill of lading; a negotiable instrument that must be surrendered to the carrier at destination before goods can be obtained; prevents delivery until payment is made for the goods.
Uniform order bill of lading:
100
A mode of transportation that can only transport products in either a liquid or gaseous state
Pipeline
100
Charge shippers a fee for arranging transportation services with a carrier.
Broker
100
management of inventory in motion and at rest; defined by the Council of Logistics Management as "that part of the supply chain 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."
Logistics:
200
Transports property or people by any means of conveyance (truck, auto, taxi, bus, railroad, ship, airplane), almost always for a charge. Carriers for RF waves are air (wireless), copper wire and fiber optic cable
Carrier
200
The complete bill of lading containing the complete contract terms and conditions. The straight bill of lading–short form contains those provisions uniform to both motor and rail. Short bills are not furnished by carriers but instead are preprinted by shippers.
Uniform straight bill of lading:
200
Similar to follow-up; attempt to determine the status (location) of items that have been shipped but have not yet been received, and thus are somewhere within the transportation system.
Tracing
200
A daily penalty charge incurred by shippers or receivers of merchandise when a rail car or a motor van is tied up beyond the normal time for loading or unloading; sometimes called detention charges for motor carriers.
Demurrage charges:
200
Includes the railroad's way-bill which moves with the shipment and may be of assistance in expediting freight movement.
Unit bill of lading:
300
a for-hire carrier that provides service to a limited number of shippers and operates under specific contractual arrangements that specify rates and services.
Contract Carrier
300
Includes the railroad's way-bill which moves with the shipment and may be of assistance in expediting freight movement.
Unit bill of lading:
300
Provide a wide range of logistics services for clients, with the most popular being warehousing, outbound and inbound transportation, freight bill auditing and payment, freight consolidation and distribution, cross-docking, product marking, and packaging and returns.
Third-party logistics (3PL) service providers
300
Applying pressure to a supplier, in this case the transportation carrier, in an attempt to encourage faster-than-normal delivery service.
Expediting:
300
The key document in the movement of goods; it contains information about the products being shipped including weight and quantity, the origin of the shipment, contract terms between the carrier and shipper, and the final destination.
Bill of Lading
400
offer transportation service to all shippers at published rates, in a nondiscriminatory basis, between designated points; have considerable flexibility in establishing rates and routes.
Common carrier
400
integrating modes of transportation.
HA HA It is not a bill of lading question! Intermodality:
400
Typically short haul route of a partially filled truck compared to truckload (TL) shipments, while the cost per hundredweight (cwt) is generally higher compared to TL shipments over the same distance.
Less-than-truck-load (LTL):
400
buy dedicated space on scheduled carriers.
Freight forwarders
400
Daily Double!!!!!!!!!!! Daily Double!!!!!!!!!!!! used for importing products; they ensure that documentation is accurate and complete, and can provide a variety of other services, such as providing estimates of landed costs, payments to foreign suppliers, and insurance.
Customs house brokers:
500
For-hire carriers exempt from regulation of rates and services.
Exempt carriers
500
Daily Double!!!!!!!! Daily Double!!!!!!!!!!!! Typically long-haul routes of full truckload at a lower cost per hundredweight (cwt) than an LTL shipment over the same distance.
Truckload (TL):
500
Goods are delivered to a specified point with all transport charges paid.
Free On Board or FOB
500
Freight forwarders
Less-than-truck-load (LTL):
500
Similar to follow-up; attempt to determine the status (location) of items that have been shipped but have not yet been received, and thus are somewhere within the transportation system.
Tracing:
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