3PL (3rd Party Logistics)
3PL aka 3rd Party Logistics is a third-party company providing outsourced logistics services, such as integrated operation, warehousing, and transportation which can be adjusted based on customers' needs. 3PLs don't own vehicles or(...)
A carrier's return trip, where carrier can offer customers a lower shipping rate, or backhaul rate, to fill the empty truck. About 80% of truck on the roads are returning empty.
Bill of Lading (BOL or B/L)
A Bill of Lading, also known as BOL or B/L, is a contractual document between carrier and shipper including details of shipment, often used as a receipt given to the person shipping the goods. More Details: The bill of lading or(...)
A carrier is a person or company that transports goods using their own assets: trucks, trains, ships, or airplanes.
A customs broker is a licensed person or company responsible for clearing goods through customs on behalf of importers and exporters, usually businesses.
Expedited freight refers to the transportation of goods that are time sensitive or perishable and need to be shipped immediately.
A flatbed truck (or flatbed lorry in British English) is a type of truck which has an entirely flat, level "bed" body with no sides or roof. This allows for quick and easy loading of goods, to transport heavy loads that are not(...)
A forklift is a powered truck used to lift and move goods short distances. Indispensable in manufacturing and warehousing.
- Goods to be transported by truck, rail, ship, or airplane Synonyms: goods, cargo, load, merchandise "freight carried by rail". 2. The system by which goods are shipped "shipped by freight”.
A freight broker or broker is a person or company connecting businesses that ship goods (shippers) with trucking or other transportation companies for a fee.
Freight class or freight classification is a number assigned to less than truckload shipments based on weight, size, density, handling, value and liability. There are 18 freight classes defined by the National Motor Freight(...)
A freight forwarder or forwarding agent, also known as a Non-Vessel Operating Common Carrier (NVOCC), is a person or company that organizes shipments for individuals, organizations or businesses to get goods from the manufacturer
Lanes or carrier lanes, freight lanes or shipping lanes, are transportation routes from point A to point B that carriers run regularly. For example: Los Angeles to New York and Toronto to Chicago
Full TruckLoad (FTL or TL) Shipping
FTL or Full TruckLoad is the transport of goods that fill up a full truck, or a partial load shipment occupying an entire truck. FTL is contracted to one customer. It’s faster and less prone to damages
Intermodal Transportation is the shipping of freight using more than one mode of transportation such as truck-rail shipments.
Less Than Truckload (LTL) Shipping
Less Than Truckload shipping aka LTL shipping is the transport of goods that do not take up the entire available space on the truck. LTL freight combines shipments from multiple customers. Typically more expensive, more prone to damages and less white glove services available
Nested are goods that are stacked inside each other to reduce space taken during shipping.
Pallet or Skid is a wooden (or sometimes plastic) platform on which boxes or cargo are stacked and sometimes shrink-wrapped.
Procurement is the process of acquiring goods, services or works from an external source, often via a tendering or bidding process.
Proof of Delivery (POD)
Proof of Delivery or POD is a document signed by the freight recipient or consignee, confirming time, date & condition of delivery.
A reefer is a refrigerated truck, railroad car or ship. A reefer is an intermodal container (shipping container) used in intermodal freight transport that is refrigerated for the transportation of temperature sensitive products
A shipper or consignor is a person or company like a manufacturer, retailer or distributor that needs to ship goods. They are usually the supplier or owner of the goods.
A supply chain is a network of organizations, people, activities, information, and resources involved in handling or distributing and moving a product or service from the supplier to the customer.
Transportation Management System (TMS)
Transportation Management System or TMS is an online platform, application or on-premises system that offers shipment booking and management, documentation, data storage and reporting as well as integration with carriers and customers
Warehousing is the storage of goods and materials in a commercial building (warehouse) for a certain period of time.