When it comes to logistics, there’s a range of terms therein that are often new to many. Considering these are industry-specific terms, it can be difficult to get the best LTL freight quote without an understanding of such. Of course, familiarizing yourself with freight terminology will help you in finding the best pricing for your LTL (less than truckload) shipments.
Given that FreightorGator seeks to make the LTL shipping process simpler for clients, we’ve provided a glossary of shipping terms to help you in your search for the best shipping rates. With this, take a look at the terms and definitions below before you seek an LTL freight quote.
LTL Freight: Glossary of Terms
Freight Terms: A – L
Adjustments: An adjustment denotes any difference in shipment and the bill of lading. If an adjustment must be made, there’s typically a fee from the carrier.
Axle Load: The weight limit for each axle of a truck.
Backhaul: Backhaul is used to denote the carrier’s trip back from the destination. The backhaul rate is typically less than the first half of the trip, as the goods will have been unloaded.
Bill of Lading (BOL): The BOL is simply a contract between the carrier and the shipper. It includes any pertinent information with regards to the shipping arrangement, such as the destination or what’s actually being shipped.
Blind Shipment: Any time a shipper and receiver are not in communication, it’s called a blind shipment. Whoever pays for the shipment is deemed the shipper on the BOL.
Broker: Until the launch of www.freightorgator.com shippers would use a broker to make all the shipping arrangements for the shipper. A broker is often necessary when there are complexities associated with the freight.
Bulk Freight: Not all freight can or needs to be shipped in packages, such as larger boxed items. These items are called bulk freight and won’t require containers.
Carrier: Of course, the carrier is the party transporting the freight, which almost always requires a fee.
Cartage: When freight is shipped within a single city or region, it’s referred to as cartage.
Classification: Types of freight are put into classifications to determine transportation costs. Each type of freight will have a specific classification.
Consolidation: To save money on shipping costs, two or more shipments can be combined, which is referred to as consolidation.
Container: In contrast to a truck’s trailer, a container is simply a trailer without wheels that can be placed on trucks, trains (rail cars), or ships.
Cubic Capacity: Applying to the freight truck, train, or ship, the carrying capacity of such is listed in cubic feet.
Embargo: An embargo is essentially anything that hinders the carriers ability to deliver the goods being shipped. It could be a natural disaster or simple road block, among other events.
Exception: Upon delivery, if any issue is acknowledged in accepting the shipment, such as damage, a note is made on the delivery sheet, which is referred to as an exception.
Flatbed: Flatbeds refer to any truck trailer with no sides or roof. Simply a platform trailer, flatbeds typically have a standard height from the ground.
Gross Vehicle Weight (GVW): Also referred to as gross vehicle mass (GVM), the GVW denotes the total weight of a vehicle, including the entire truck itself and the freight being shipped.
Intermodal Transportation: Often times, shipments can be made using more than one form of transportation, say a truck and train. In these cases, it’s called intermodal transportation.
Less than Truckload (LTL): FreightorGator’s bread and butter, LTL freight does not fill an entire truck, typically between 150 and 10,000 pounds. In contrast, shipments that do fill an entire truck are referred to as FTL (full truckload).
M – Z
Nested: A common term within LTL shipments, nested refers to any materials that are stacked in a manner that one item sits inside of another—which can significantly reduce the amount of space used.
NMFC® Number: The national motor freight classification® (NMFC®) number is used to identify the type of product being shipped, including each item’s freight class.
Not Otherwise Indicated (NOI): This is assigned to freight that otherwise isn’t assigned to a specific freight class within the aforementioned NMFC®.
PRO Number: Typically used by the shipper to track their shipment, the PRO number is assigned by the carrier.
Reefer: Often necessary for food shipments, a reefer is a refrigerated and insulated trailer.
Tariff: Tariffs denote the cost of a shipment as well as the contract between the shipper and carrier. In other words, the tariff will establish the freight rate.
Through Rate: Denotes the distance from the origin of the shipment to the shipment’s destination.
Time Critical: Time critical shipments are set to be delivered at the earliest time possible for the carrier.
Transit Time: Transit time refers to the total time it takes from picking the freight up to delivering it to its destination.
Get the Best LTL Freight Quotes from FreightorGator
Once you’ve familiarized yourself with the above terms, you’ll have a better understanding when it comes time to booking your shipment. If you’d like a free, instant quote from FreightorGator to ensure you’re getting the lowest rate possible, you can take advantage of our instant LTL freight quote tool.