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Definitions (41)
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Adjustments
Any discrepancy between the actual shipment and what is stated on the bill of lading. These can result in additional charges from freight carriers.
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Agent
A person who transacts business on behalf of another person or company with full or limited decision-making authority.
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Axle Load
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.
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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.
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Beneficial owner
This is a rail term that refers to the actual owner of the lading being shipped.
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bill of lading
The bill of lading or BOL is the contract between shipper and carrier, broker or agent that binds the parties together and defines all aspects of the freight shipping arrangement including what is bei [..]
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BLOCKING
Also known as bracing, refers to wood or other supports used to keep shipments in place on trailers or in containers.
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Blind Shipment
When the shipper and receiver are not aware of one another, the freight shipment is called a blind shipment. In such cases, the bill of lading lists the party that paid for the shipment as the shipper [..]
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bogie
This is a rail term that refers to a frame with wheels on which a container is mounted for over-the-road transport.
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Broker
A person who makes freight shipping arrangements on behalf of a person or company. The broker has experience in the industry and negotiates the best possible shipping rates
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