Freight Dictionary

What is an Accessorial?

• An additional service requested for a freight shipment. Most accessorial require an additional payment that varies based on the service or carrier. Some common accessorial include liftgate services and residential delivery.

• –Part of the billing department in charge of paying carriers, operators, or factoring companies for services rendered

• Part of the billing department in charge of collecting payment from carriers or customers for services rendered.

• Form of freight shipping that uses planes instead of trucks or trains. Air freight is usually more expensive, but also more expedited.

What is Accounts Payable?

• An additional service requested for a freight shipment. Most accessorial require an additional payment that varies based on the service or carrier. Some common accessorial include liftgate services and residential delivery

• Part of the billing department in charge of paying carriers, operators, or factoring companies for services rendered.

• Part of the billing department in charge of collecting payment from carriers or customers for services rendered.

• Form of freight shipping that uses planes instead of trucks or trains. Air freight is usually more expensive, but also more expedited.

What is Accounts Receivable?

• An additional service requested for a freight shipment. Most accessorials require an additional payment that varies based on the service or carrier. Some common accessorials include liftgate services and residential delivery.

• Part of the billing department in charge of paying carriers, operators, or factoring companies for services rendered

• Part of the billing department in charge of collecting payment from carriers or customers for services rendered.

• – Form of freight shipping that uses planes instead of trucks or trains. Air freight is usually more expensive, but also more expedited.

What is Air Cargo?

• An additional service requested for a freight shipment. Most accessorial require an additional payment that varies based on the service or carrier. Some common accessorial include liftgate services and residential delivery.

• Part of the billing department in charge of paying carriers, operators, or factoring companies for services rendered.

• Part of the billing department in charge of collecting payment from carriers or customers for services rendered.

• Form of freight shipping that uses planes instead of trucks or trains. Air freight is usually more expensive, but also more expedited

What is Auditing (Freight)?

• Process performed by some freight brokers to confirm any additional charges before passing the final freight bill on to the customer.

• In truckload shipping, transit required to reposition a truck and its driver after the initial load he was hired to transport. Also known as a “headhaul.”

• Department at carriers or brokers in charge of invoices and payment.

• Document given to the carrier at the time of freight pickup with all necessary information for the shipment. This information includes: pickup and delivery locations, weight, class, commodity, and much more.

What is a Backhaul?

• Process performed by some freight brokers to confirm any additional charges before passing the final freight bill on to the customer.

• In truckload shipping, transit required to reposition a truck and its driver after the initial load he was hired to transport. Also known as a “headhaul.

• Department at carriers or brokers in charge of invoices and payment.

• Document given to the carrier at the time of freight pickup with all necessary information for the shipment. This information includes: pickup and delivery locations, weight, class, commodity, and much more.

What is Billing?

• Process performed by some freight brokers to confirm any additional charges before passing the final freight bill on to the customer.

• In truckload shipping, transit required to reposition a truck and its driver after the initial load he was hired to transport. Also known as a “headhaul.”

• Department at carriers or brokers in charge of invoices and payment.

• Document given to the carrier at the time of freight pickup with all necessary information for the shipment. This information includes: pickup and delivery locations, weight, class, commodity, and much more.

What is Bill of Lading (BOL)?

• Process performed by some freight brokers to confirm any additional charges before passing the final freight bill on to the customer.

• In truckload shipping, transit required to reposition a truck and its driver after the initial load he was hired to transport. Also known as a “headhaul.

• Department at carriers or brokers in charge of invoices and payment.

• Document given to the carrier at the time of freight pickup with all necessary information for the shipment. This information includes: pickup and delivery locations, weight, class, commodity, and much more.

What is Bonded Warehouse?

• A customs-controlled warehouse for the retention of imported goods until the duty owed is paid.

• Technique used to secure freight in the truck during full truckload shipments.

• Third party logistics provider that acts as a conduit between customer and carrier to secure freight pricing and services, among other things

• A grouping of products shipped that are generally unassembled. Similar to pallets or crates

What is bracing?

• A customs-controlled warehouse for the retention of imported goods until the duty owed is paid.

• Technique used to secure freight in the truck during full truckload shipments.

• Third party logistics provider that acts as a conduit between customer and carrier to secure freight pricing and services, among other things

• A grouping of products shipped that are generally unassembled. Similar to pallets or crates