Freight Glossary
A
Accessorials
(Required and optional) enhance the shipping services you receive.
Air Waybill (AWB)
An air waybill is vital for shipping via air. The air waybill serves as a contract to outline the terms and conditions of the transport agreement between the shipper and the airline to ensure successful cargo handling during transit.
B
Bill of Lading (BOL)
A legal document issued by a carrier to a shipper, detailing the type, quantity, and destination of the goods being carried.
C
Carrier
A transportation company responsible for moving goods from one place to another.
Consignee
The person or company that is the final recipient of the shipment.
F
Freight Class
A classification system used to determine shipping costs based on factors such as weight, dimensions, density, and value.
I
Intermodal
Transportation involving multiple modes, such as rail and truck, without handling the freight itself when changing modes.
L
Less-Than-Truckload (LTL)
A shipping service for smaller loads that do not require a full truck.
O
Overage, Shortage, and Damage (OS&D)
A freight claim filed when goods are damaged, missing, or extra items are received.
P
Pallet
A flat, portable platform used to stack, store, and transport goods.
Proof of Delivery (POD)
Documentation confirming that a shipment was delivered successfully to the consignee.
S
Shipper
The person or company responsible for initiating a shipment.
T
Third-Party Logistics (3PL)
A company that provides outsourced logistics services, including warehousing, transportation, and distribution.
Truckload (TL)
A full truckload service dedicated to a single shipment, typically larger in size.
W
Waybill
A document issued by a carrier giving details and instructions about a shipment of goods.
Y
Yellow Freight
They are now known as YRC. Yellow Freight is a subsidiary of YRC Worldwide and YRC Freight, Inc.