Some Freight Shipping Terms Every Business Owner Should Know
If you’re a business owner who ships goods to customers, or you use shipping routinely for other purposes, you’re going to come across some freight shipping terms you may not know. And, if you want to make the most out of your shipping experiences, it may be best to get to know some of these freight shipping terms. The more you know about shipping, the more you’re likely to make the best decision when choosing shipping companies and investigating quotes.
Freight Shipping Terms to be Aware Of
Adjustments: This is another word for added fees. These are typically added after shipment has arrived. And, they’re due to inaccurate measurements, weight, or neglecting to note the need for additional services needed during shipping. Ask your freight delivery service how you can avoid any adjustments before shipment so that you won’t have to worry about any added fees once your shipment is delivered.
Backhaul: This term is used to describe a shipment on the back-end of a shipment, after the first shipment has arrived at its destination. This is one of the ways a freight forwarder company can benefit business owners. Because both ends of the trip can be used for shipping methods, quotes tend to be less for everyone who wants to ship with a freight forwarder like United States of Freight.
Bill of Landing or BOL: This is the legal and binding contract between shipping carrier and freight shipper which includes all aspects of the shipment, receipt of goods being shipped, condition of shipped items upon pickup, and expectations of shipment delivery.
Bulk Freight: This is a type of shipment which cannot be put into boxes. So, it must be shipped in bulk. Examples of bulk freight shipments may include liquids, grains, trees, and other non-packable or boxed items.
Carrier: Any type of company in the business of shipping goods from one place to another. Carrier companies may include forwarding freight companies, airlines, trucking organizations, railroad companies, and ocean freight companies.
Container: A sealed, metal object used in transporting goods on railroads, truck beds, and ocean liners. There are a few different kinds and sizes of containers, depending on the shipments. There are even refrigerated containers used in the shipment of frozen or refrigerated goods.
Freight Forwarder: A company or person whose job is to undergo all aspects of a shipping including contacting various carriers, obtaining appropriate containers, assembling proper paperwork, and insuring the shipment. Contrary to setting up the entire shipment, business owners may wish to utilize a freight forwarder, like United States of Freight, to lessen the headache that freight shipping may otherwise turn into.
Less Than Truckload or LTT: When a shipment isn’t heavy enough for a carrier to accept due to what a machine like truck can carry, it’s classified as a less than truckload, or LTT shipment.
Transit Time: The total amount of time a shipment is estimated to arrive at specified destination.
Transportation Management System: A system used by freight forwarder companies and other carriers as means to tracking shipments. It’s basically a way to easily inventory cargo or freight shipments.
Choosing a Freight Forwarder for Shipping Needs
If you need any shipping, consider a freight forwarder company which may save you hundreds on shipping costs. Contact United States of Freight today to get a free quote for our services and have peace of mind about all of your shipments, whether domestic or international!