An affreightment is a contract with a carrier for the transportation of goods. It outlines the terms and conditions under which the cargo will be transported.
Air freight refers to the use of air transportation for sending cargo. It offers the advantages of speed and reliability, making it ideal for shipping urgent, high-value, or perishable goods.
A back haul refers to the shipper's movement when returning over a route previously used, often optimizing logistical efficiency by having cargo for both legs of the journey.
A highway that encircles a metropolitan area and provides access to outlying suburban areas as well as a bypass around the central urban area; also called a loop, perimeter, or circumferential highway.
A bill of lading is a vital document in commercial law serving as a receipt given by a common carrier to a shipper for goods transported. It evidences the contract between the shipper and the carrier and can also serve as a title document, indicating ownership of the goods.
Cargo refers to freight or merchandise transported on a transportation vehicle, such as a ship, airplane, truck, or train, excluding passengers. It covers a broad range of goods, from raw materials to finished products, playing a crucial role in global trade and logistics.
An entity engaged in the business of providing transportation services for passengers or cargo. Carriers can operate across various modes of transportation including air, sea, road, and rail.
A charter is a formal document granted by a governing body that establishes a corporate entity, often detailing its rights and privileges. It can also refer to hiring a vehicle for exclusive use.
A common carrier is an entity or individual that provides transportation services for people or goods and is classified as a public utility.
An individual who frequently travels between two places, typically their place of residence and their workplace.
A company car is a vehicle owned by a business but made available for employees to use for business and, in some cases, personal purposes.
An entity that combines less-than-carload shipments into full carloads to take advantage of lower shipping rates for full carloads.
A container ship is a type of vessel specifically designed for the transportation of cargo packed into large, standardized containers. It revolutionizes the shipping industry by allowing for efficient and flexible movement of goods.
A corridor is a long, narrow strip of land designated for a specific purpose such as a rail line, highway, pipeline, or overhead power line, facilitating efficient transportation or utility distribution.
Cost and Freight (C&F) denotes a shipping agreement wherein the seller is responsible for covering the cost and freight to transport goods to a specified destination. However, the buyer assumes the responsibility for insurance once the goods are loaded onto the shipping vessel.
In the context of transportation, 'deadhead' refers to the act of moving a piece of transportation equipment, such as a bus, train, or truck, when it is not carrying a paying load (either people or freight). It also extends to describe a nonpaid trip or someone who uses a service without paying.
A dispatcher in the transportation industry is an organizer responsible for maintaining the route schedule and informing workers of their schedules and tasks. They play a crucial role in ensuring efficient operations and communication within transportation services.
A bill submitted by a common carrier for additional charges that were not paid with the initial freight bill.
A comprehensive document detailing the expenses incurred by a salesperson or executive, including categories such as transportation, lodging, meals, and client entertainment, typically submitted for employer reimbursement.
The term 'express' has multiple applications across different fields such as law and transportation. It typically denotes clarity, specificity, or speed.
Fare refers to the charge or payment made by passengers for transportation services provided by various carriers, including buses, trains, taxis, airplanes, and ferries.
The Federal Aviation Administration (FAA) is a national aviation authority in the United States, responsible for the regulation and oversight of civil aviation within the country. It is tasked with ensuring the safety and efficiency of the national airspace system.
FedEx, officially known as Federal Express Corporation, is a global courier delivery services company recognized for its overnight shipping services and an innovative tracking system.
Local and regional airlines or railroads that bring traffic to national carriers.
A forwarding company, also known as a freight forwarder, is a business entity that arranges the shipment of goods on behalf of individuals or companies. They handle the logistics of transporting goods, including documentation and customs clearance.
A multiple-lane divided highway with fully controlled access, usually involving interchanges for intersecting roads, designed for high-speed vehicular traffic and typically without toll charges.
House to house transportation refers to the seamless logistics service that facilitates the movement of goods directly from the shipper's location to the receiver's location without intermediate handling.
Industrial classification segments companies that engage in the production and distribution of goods and services, excluding utilities, transportation, and financial services.
In transportation, an inland carrier is a company responsible for moving goods from a port of entry to an inland point within the continent. These carriers play a crucial role in the supply chain by ensuring that goods reach their final destinations efficiently.
Inland Marine Insurance provides coverage for loss or damage to property transported over land, excluding oceanic shipments. It primarily covers high-value items, equipment, and other movable property during transit.
Interstate commerce encompasses business activities among inhabitants of different states, including the transportation of persons and property, navigation of public waters, and the purchase, sale, and exchange of commodities.
In transportation, a published fare or shipping rate that includes the cost of two or more carriers (such as airlines or railroads) required to reach the destination sought.
Lading refers to the cargo that is shipped and transported from one place to another via various modes of transportation such as ships, trucks, trains, or planes. The term also extends to the document known as the Bill of Lading, which acts as a detailed receipt of the shipment, outlines the condition of the cargo, and serves as a contract between the shipper and the carrier.
An amount of freight that is insufficient to command the lower shipping rates that apply to full carloads.
Lighterage refers to the charge incurred for unloading a ship, specifically using barges to assist in the unloading process.
The comprehensive plan for scheduling the delivery of required supplies and materials at destinations as needed.
A detailed statement of the contents loaded on a ship or other vehicle, used for cargo identification and safety purposes.
Materials handling involves the moving, packaging, and storing of raw materials, in-progress inventory, and finished goods within a business, including shipping, receiving, and processing operations.
Off Peak refers to periods of minimum usage, often utilized by service providers as a basis for offering reduced usage charges. This concept is commonly applied in industries such as telecommunications, utilities, and transportation.
Operating costing, also known as service costing, is a cost management technique employed to ascertain the cost of delivering services within an organization or to the public. It is particularly applicable in industries engaged in continuous operations, such as electricity generation, transportation, and healthcare.
An order bill of lading (often abbreviated as B/L or BoL) is a negotiable document that serves as a receipt for shipped goods and provides proof of shipment. More importantly, it can be transferred to another party, granting the holder rights to the goods.
Payload refers to the cargo or freight that produces revenue or income, typically measured by weight. It encompasses merchandise transported by carriers for profit, including returned merchandise that does not result in additional trips.
In transportation, 'Peak Period' refers to the specific time intervals during which the transportation system experiences the highest demand and utilization, often linked to morning and evening rush hours.
Physical distribution involves the process of moving finished products from the producer to the consumer, including all activities concerned with the efficient movement and storage of goods.
A 'Piece' refers to an individual unit of a product that is part of a batch, typically used in shipping and logistics to describe the smallest standard unit being handled.
Pier to house shipping refers to the transportation of goods from the storage location at the shipping port directly to the consignee's specified location, typically their home or business.
A pipeline refers to a method or system used for the consistent and controlled delivery of goods, services, or information.
A private carrier is a transportation system owned and operated by a company for its own shipping requirements, specifically transporting goods or passengers exclusively for that company's business purposes.
A public carrier, often referred to as a common carrier, is an individual or business that advertises to the public for the transportation of goods or passengers for a fee.
Corporations created by federal, state, and local governments for specific public purposes, including education, health and hospitals, waste removal, and transportation.
Reconsign refers to the process of changing the destination or consignee of freight while it is in transit. This often occurs to accommodate changes in supply chains or to correct delivery errors.
The right to use a particular path for access or passage, often considered a type of easement beneficial for infrastructure development, transportation, and property access.
U.S. Postal Service designation for packages containing goods that may be harmed in shipping, such as live chickens or perishable produce.
A railway spur is a secondary line that branches off from a main track to provide access to specific facilities or locations, such as industrial plants, warehouses, or cargo loading areas.
The Standard Mileage Method permits an automobile business expense deduction based on a standard mileage rate. It allows taxpayers to deduct a specific amount per mile driven for various purposes.
A non-negotiable bill of lading that specifies the carrier is to deliver the goods to a designated person at a specific location.
A straphanger refers to a bus or rail commuter, particularly one who stands up while traveling, often holding onto bars or handles for support. The term originates from early subways where leather straps were used for passengers to grip.
Taking delivery refers to the acceptance of goods, commodities, or securities by the recipient, with documentation such as a bill of lading, reflecting the transfer and acknowledgment of receipt.
Tare weight refers to the weight of an empty container, such as an empty truck or packing material, and is used in logistics to measure the net weight of goods.
Through Rate refers to the total cost of shipping goods when two or more carriers are utilized. It is determined by either a joint rate agreement between the carriers or the sum of the rates charged by each individual carrier.
Trackage refers to the charge imposed by a railroad company for the use of its rail lines by another railroad company. This arrangement allows one railroad to operate its trains over another railroad's tracks.
A tramp ship or boat is a maritime vessel that does not follow a regular schedule or itinerary; instead, it travels wherever freight shipments take it.
A truckload (TL) refers to a quantity of cargo that fills a truck to its maximum capacity, typically utilized in logistics and transportation for the efficient and cost-effective movement of goods.
United Parcel Service (UPS) is a freight company that specializes in the transportation of letters, packages, and freight. It is one of the leading providers in the logistics and transportation industry globally.
A waybill is a document prepared by a common carrier at the start of a shipment that details the route the goods will follow to their final destination and states the transportation cost. The waybill typically accompanies the shipment to its destination.
