Freight Cargo Glossary for Shipping Industry Terms
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Any goods that are to be shipped.
The party which receives the cargo goods in a freight shipment. Sometimes referred to as the receiver.
The penalty fee for delaying the carrier’s equipment beyond the allotted time. Typical allotted time is 2 hours for loading and 2 hours for unloading a full truckload.
A logistics broker is an independent contractor paid to arrange freight transportation. Unlike asset-based carriers, freight brokers have much more available capacity since they are not restricted to a certain set of available assets.
A liftgate is a mechanical device attached to the back of a truck so that a heavy object can be lifted to or from the ground.
An acronym standing for, “Truck Ordered, Not used.” This fee is a cancellation charge for ordering a truck and then canceling the order.
Unlike a standard flatbed trailer, this kind of trailer can carry taller cargo that would normally violate height restrictions on another trailer.
Thanks to the lowboy trailer, abnormally high cargo can still be transported without having to find special routes.