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Definitions (49)
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3PL
Third Party Logistics.
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bill of lading
A document that establishes the terms of a contract between a shipper and a transportation company. It serves as a document of title, a contract of carriage and a receipt for goods.
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Bill of Lading Number
A unique number assigned to the bill of lading for tracking purposes.
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carrier
The transportation provider.
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disbursement
The issuance of funds.
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Freight
Resources that need to be transported from point A to point B.
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Lanes
See shipping lanes.
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logistics
The overall management of the way resources are acquired, transported and stored along the supply chain to the areas where they are required.
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Outsourced
Services or goods that are subcontracted to a firm outside of an organization - most frequently to reduce the overall cost of providing the service or good.
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