LTL Freight Terms and Definitions

LTL Freight Terms and Definitions

Accessorial charges

Charges made for performing services beyond

normal pickup and delivery, such as inside delivery or storage charges.

Agent

A person who transacts business on behalf of another person or

company with full or limited decision-making authority.

Air freight forwarder

An air freight forwarder provides pickup and delivery

service under its own tariff, consolidates shipments into larger units, prepares

shipping documentation and tenders shipments to the airlines. Air freight

forwarders do not generally operate their own aircraft and may therefore be

called “indirect air carriers.” Because the air freight forwarder tenders the

shipment, the airlines consider the forwarder to be the shipper.

Air Waybill

An air waybill is a shipping document airlines use. Similar to a

bill of lading, the air waybill is a contract between the shipper and airline

that states the terms and conditions of transportation. The air waybill also

contains shipping instructions, product descriptions, and transportation

charges

Articles of Extraordinary Value

Carriers are not liable for “documents, coin money,

or articles of extraordinary value” unless the items are specifically rated in published

classifications or tariffs. Exceptions may be made by special agreement. If an

agreement is made, the stipulated value of the articles must be endorsed on the bill of

lading. Articles may include precious stones, jewels and currency. Many tariffs include

restrictions on goods with values in excess of a specified amount

Axle

Each freight shipping transport has a weight limit. The axle load refers

to the weight limit permitted for each axle over the nation’s highways.

Back Haul

The second half of a carrier’s round trip in which the freight

shipping cost is less than the first half. The second half can be referred to as

the back haul rate.

Beneficial Owner

This is a rail term that refers to the actual owner of the

lading being shipped.

Bill of lading (BOL or B/L)

1. A bill of lading is a binding contract that serves three main

purposes: a

receipt for the goods delivered to the transportation

provider for shipment;

2. A definition or description of the goods; and

3. Evidence of title to the relative goods, if “negotiable”.

Blocking

Also known as bracing, refers to wood or other supports used to

keep shipments in place on trailers or in containers.

Blind Shipment

When the customer has contracted with the carrier so that

the shipper or consignee information is not given. This keeps the origin

location and receiving destination unaware of each other and provides two

separate Bills of Lading in which both show the carrier’s terminal as the

shipper and the receiver.

Bogie

This is a rail term that refers to a frame with wheels on which a container

is mounted for over-the-road transport.

Bonded carrier

A transportation provider U.S. Customs allows to carry

customs-controlled merchandise between customs points.

Break bulk

To separate parts of a load into individual shipments for routing to

different destinations.

Breakbulk terminal

Consolidation and distribution center. A terminal that

unloads and consolidates shipments received from its smaller terminals and from

other breakbulks. This terminal may have its own city operation.

Example: Freight destined for Texas from several New England states may be

consolidated at a Philadelphia breakbulk terminal for forwarding to Texas.

Broker

A broker is an independent contractor paid to arrange motor-carrier

transportation. A broker may work on the carrier’s or shipper’s behalf.

Bulk Freight

Freight that is not contained within packages or containers is

referred to as bulk freight

Carrier

A person or company who transports freight for a fee.

Cartage

A trucking term that refers to shipping freight within the same city

or area

Cartage agent

A carrier who performs pickup or delivery in areas that a

carrier does not serve. Cartage agents use their own paperwork while

transporting the shipment.

Chassis

A rail term that refers to a frame with wheels and locking devices to

secure a container during shipping.

Claim

is filed to request payment from a carrier due to loss or damage

alleged to have occurred while they possessed the shipment

Classification

A freight classification assigned to an article for the purpose

of applying transportation charges. This is used for less that truckload (LTL)

shipments.

C.O.D.

is a request to the carrier from the shipper. This request is for the

carrier to pick up a check upon delivery that is payment for the goods being

delivered. A C.O.D. request will be stated on the bill of lading and will state

accepted forms of payment (company check or cashier’s check).

Concealed damage

consists of damage to the contents of a package without

the damage being apparent externally.

Consignee

The person or company receiving the shipment. (Receiver)

Consignor

The person or company shipping the shipment. (Shipper)

Claim

Cargo

A Cargo Claim is a demand made on a transportation company for payment

for goods allegedly lost or damaged while the shipment was in the transportation

provider’s possession. Pursuant to the National Motor Freight Classification (NMFC)

Uniform Bill of Lading, all cargo claims must be filed within nine months.

Overcharge/Undercharge

Overcharge or undercharge claims are demands on a

transportation company for a refund of an overcharge from the erroneous application

of rates, weights and/or assessment of freight charges.

COD

A shipment for which the transportation provider is responsible for collecting

the sale price of the goods shipped before delivery.

CommodityAny article of commerce. Goods shipped.

Common carrier

Company that provides transportation services to the public in

return for compensation.

Concealed loss

Shortage or damage not evident at delivery.

Consignee

The person or place where a shipment will be transferred for the last time

(destination); the individual or organization to whom the goods are addressed.

Cubic Capacity

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.

Customs Broker

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.

Deck trailers

Trailers with rows of tracking on each sidewall and deck load bars. The load

bars fit into the tracks to form temporary “decks” on which goods can be loaded. Decks

allow more goods to be loaded in the trailer, reduce damage and speed loading and

unloading.

Delivery receipt

Document a consignee or its agent dates and signs at delivery, stating the

condition of the goods at delivery. The driver takes the signed delivery receipt to the terminal

for retention. The customer retains the remaining copy.

Density

is the measurement of the volume of a shipment. The calculation for density is

equal to the weight of the product divided by (length x width x height / 1728). Density is

measured in pounds/cubic foot. DPCF Equals [Weight/(LXWXH/1728)]

Dispatch

The act of sending a driver on his/her assigned route with instructions and

required shipping papers. Carriers maintain contact with drivers throughout the day by

phone, pager, radio, satellite communication or cellular phone.

Dock

A platform, generally the same height as the trailer floor, where trucks are loaded and

unloaded.

Dolly

Converter that provides an extra axle and fifth wheel and is used to connect multiple

trailers.

Doubles (Trailers)

Vehicle configuration in which a tractor pulls two trailers connected by

a dolly.

Drayage

Also known as connecting road haulage.

*The hauling of a load by a cart with detachable sides (dray).

*Road transportation between the nearest railway terminal and the stuffing place.

Electronic data interchange (EDI)

The electronic transmission of routine

business documents, such as purchase orders, invoices and bills of lading,

between computers in a standard format. The data formats, or transaction sets, are

usually sent between mainframe computers.

Embargo

An embargo is any event that prevents the freight from being accepted

or handled. Embargo events include floods, tornadoes or congested highways.

Exceptions

An exception is any delivery in which the recipient or driver notes a

problem on the delivery receipt before signing it. Typically, exceptions concern

shortage and/or damage (Claims)

Exclusive use

A shipper pays a premium rate for the sole use of a trailer. The

trailer will be sealed at loading, and the seal number is recorded on the manifest.

The seal number is verified before the trailer is unloaded at destination. When a

shipper requests an exclusive-use trailer, no other freight may be added to the unit

even if space permits.

Exempt Commodity

Products that are exempt from federal regulation, such as

agricultural and forestry products.

Free astray

A shipment that was unloaded at or miscarried to the wrong terminal

and is then billed and forwarded to the correct terminal for free. Or a shipment

that was damaged in transit and return to the shipper for free.

Free time

The amount of time that freight is held before storage charges begin

accruing. Or the amount of time a driver waits to load/unload before charges

accrue

FOB destination

Under this arrangement, title and risk remain with the seller

until it has delivered the goods to the location specified in the contract.

FOB origin

Title and risk pass to the buyer at the moment the seller delivers the

goods to the carrier. The parties may agree to have title and risk pass at a different

time or to allocate shipping charges by a written agreement.

Free on board (FOB)

An acronym for free on board when used in a sales

contract. The seller agrees to deliver merchandise, free of all transportation

expense, to the place specified by the contract. After delivery is complete, the title

to all the goods and the risk of damage become the buyer’s.

Freight

Any product being transported.

Freight bill

Shipping document that a carrier prepares to confirm shipment

delivery and indicate payment terms (prepaid or collect). The document describes

the shipment, its weight, the amount of charges and taxes and whether the bill is

collect or prepaid. If the bill is prepaid, the shipper pays the shipping charges. If

the bill is collect, the consignee pays the shipping charges. (Also see PRO)

Freight broker

Any person that sells transportation without actually providing

it. The term usually refers to an agent for truckload shipments, matching small

shippers with carriers. Freight brokers often do not accept any responsibility for

their shipments.

Freight charge

The amount that is due for freight transportation.

Freight forwarder

A freight forwarder combines less-than-truckload (LTL) or

less-than-carload (LCL) shipments into carload or truckload lots. Freight forwarders

are designated as common carriers. They also issue bills of lading and accept

responsibility for goods. The term may also refer to the company that fills railroad

trains with trailers. (See also freight broker and shipper’s agent.)

Freight forwarder is a company that consolidates freight for shippers, manages

shipments through LTL carriers, and forwards on lower rates to customers due to a

higher volume of shipments than individual shippers obtain.

Fuel Surcharge

An extra charge imposed by the carriers due to the excessive costs

for diesel gas. The charge is a % based upon the U.S. National Average Diesel Fuel

Index. The fuel surcharge will remain in effect as long as the U.S. National Average

Diesel Fuel index remains at or above $1.10 per gallon

Gross vehicle weight (GVW)–The combined weight of the vehicle (tractor and

trailers) and its goods.

Hazardous material

Hazardous materials are defined by the U.S. Department of

Transportation Hazardous materials are defined by the U.S. Department of

Transportation in accordance with the Federal Hazardous Material Law. A substance

or material may be designated as hazardous if the transportation of the material in a

particular amount and form poses an unreasonable risk to health and safety or

property. Hazardous material may include: an explosive, radioactive material;

etiologic agent; flammable or combustible liquid or solid; poison; oxidizing or

corrosive material; and compressed gas

In bond

Shipments move under bond from point of entry to an interior U.S.

destination for clearance or to another border location for clearance.

Intermodal

Shipment moves by more than one mode of transportation (ground,

air, rail or ocean). See also multimodal.

Jifflox

Converter that provides an extra axle and fifth wheel and is used to

connect multiple trailers. See also dolly.

Less-than-truckload (LTL)

Goods weighing less than 10,000 pounds from

several shippers loaded onto one trailer.

Less than truckload (LTL) is an amount of freight that is less than what is

required for the application of truckload rates. LTL freight shipping is the easiest

and most economical way to move large and bulky items.

Linehaul

Movement of goods between cities or between YRC Freight terminals,

particularly between origin terminal and destination terminal, excluding pickup

and delivery service.

Minimum charge

The lowest charge for which a shipment will be handled after discount

and/or adjustment.

Multimodal transportation

Shipment moves by more than one mode of transportation

(ground, air, rail or ocean). See also intermodal.

National Motor Freight Classification (NMFC)

Industry standard tariff published by

motor carriers containing rules, descriptions and rating on all products moving in

commerce; used to classify goods to rate the freight bill. You can obtain more information

about shipment classes and the NMFC. To determine your shipment’s classification, check

the NMFC guide.

Nested

A term used in less than truckload (LTL freight) shipping in which

materials are stacked so that one item goes inside another. Nested freight reduces the

amount of space taken up by the combined freight and makes LTL shipping more

efficient as a result.

Non-vessel operating common carriers (NVOCC)

A type of ocean freight

forwarder. NVOCCs book space in large quantities for a reduced rate, then sell space

to shippers in lesser amounts. NVOCCs consolidate smaller shipments into a

container load that ships under one bill of lading.

Not Otherwise Indicated (NOI)

A general class rate or NOI is assigned to any

freight that has no rate listed in the NMFC.

Order Notify

Also called negotiable bill of lading, this is a shipment requiring the

consignee to surrender the original endorsed bill of lading at delivery. A shipper may

use this method to guarantee payment for goods shipped. It’s most commonly used

with truckload shipments.

Origin

Site where the shipment first enters the carrier’s system

Overage

Number of units received is in excess of the quantity shown on shipping

documents. Overages should not be delivered to a customer. They’re returned to the

terminal unless the terminal receives more information while the driver is making

pickups and deliveries.

Overcharge claims

The payor of the shipping charges files an overcharge claim to

dispute a discrepancy in charges that can stem from overpayment, weight or

description corrections, etc.

Payment terms

Generally, the shipper is responsible for payment for prepaid

shipments, and the consignee is responsible for payment for collect shipments

unless a third party is indicated as payor on the shipping papers.

PRO

An acronym for progressive rotating order; it is a multi-digit number

assigned to each shipment and is a tracking number and a carrier freight invoice

number.

Revenue

Shipping charges the transportation provider receives for transporting

goods.

Shipper’s agent

A shipper’s agent is not a carrier, freight forwarder or broker.

Shipping documents

Papers accompanying a shipment as it moves through the

carrier’s system, include bills of lading (PDF), packing slips (PDF), customs

paperwork, manifests and shipment bills.

Shortage

The number of units received is less than the quantity shown on

shipping documents. The outstanding units may be delivered later.

Tariff

A Tariff is a document setting forth applicable rules, rates and charges to

move goods. A tariff sets forth a contract for the shipper, the consignee and the

carrier. Since Jan. 1, 1996, motor carriers are not required to publish tariffs.

However, in accordance with federal law, tariffs must be provided to a shipper on

request.

Terminal

Freight building and grounds where shipments are prepared for local

delivery or transportation to other terminals.

Time-Critical

When a freight shipment delivery is set to the earliest possible time.

Time-Definite

Time-definite deliveries guarantee that the delivery will occur on a

specific day or time of day.

Transit Time

The total time from pick up to delivery.

Third party

A party other than the shipper or consignee that is ultimately

responsible for paying the shipment charges.

Truck tonnage–The weight (in tons) of a shipment transported by truck.

Truckload (TL)

Large-volume shipment from a single customer that takes up all the

trailer space so no other shipment can be loaded. Typically a 48 or 53 foot trailer.

UN number

An internationally accepted four-digit number used to identify

hazardous material.

Volume Rate

A less than truckload (LTL) term for rates that are typically made

subject to a minimum weight of 7,000 pounds or more, or cubic volume exceeding

750 cubic feet.

Waybill–A “Waybill”

is a non-negotiable document prepared by or on behalf of the

carrier at origin. The document shows origin point, destination, route, consignor,

consignee, shipment description and amount charged for the transportation service.

See also air waybill.

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