3PL (Third-Party Logistics): <\/strong>A company that provides outsourced logistics services, including warehousing, transportation, and fulfillment.<\/p>\n\n\n\n Bill of Lading (BOL):<\/strong> A legal document issued by a carrier to a shipper detailing the type, quantity, and destination of goods being transported. It serves as a shipment receipt and a contract of carriage.<\/p>\n\n\n\n Carrier:<\/strong> The company or individual responsible for transporting goods (e.g., trucking companies, shipping lines, airlines).<\/p>\n\n\n\n Consignee: <\/strong>The individual or business receiving the shipment.<\/p>\n\n\n\n Shipper:<\/strong> The individual or business sending the shipment.<\/p>\n\n\n\n Freight Forwarder:<\/strong> A company that organizes shipments for individuals or businesses, often acting as an intermediary between the shipper and carrier.<\/p>\n\n\n\n Incoterms (International Commercial Terms): <\/strong>Standardized terms defining the responsibilities of buyers and sellers in international trade, such as who pays for shipping, insurance, and customs.<\/p>\n\n\n\n FOB (Free on Board): <\/strong>Indicates whether the seller or buyer is responsible for goods during transit. For example, “FOB Origin” means the buyer assumes responsibility once the goods leave the seller’s location.<\/p>\n\n\n\n Freight Collect: <\/strong>The consignee is responsible for paying the freight charges.<\/p>\n\n\n\n Freight Prepaid:<\/strong> The shipper pays the freight charges before the shipment is delivered.<\/p>\n\n\n\n Accessorial Charges: <\/strong>Additional fees for extra services, such as inside delivery, liftgate service, or residential delivery.<\/p>\n\n\n\n Dimensional Weight (DIM Weight):<\/strong> A pricing method based on the shipment’s volume rather than its actual weight, often used for lightweight but bulky shipments.<\/p>\n\n\n\n LTL (Less Than Truckload):<\/strong> A shipping method for smaller freight that doesn\u2019t require a full truckload. Multiple shipments from different shippers are combined in one truck.<\/p>\n\n\n\n FTL (Full Truckload):<\/strong> A shipping method where a single shipment occupies the entire truck, typically used for large or high-volume shipments.<\/p>\n\n\n\n Intermodal Shipping:<\/strong> The use of multiple modes of transportation (e.g., truck, rail, ship) to move goods.<\/p>\n\n\n\n Drayage: <\/strong>The transportation of goods over short distances, often between ports, rail terminals, and warehouses.<\/p>\n\n\n\n Air Freight:<\/strong> Shipping goods via air transport, typically used for high-value or time-sensitive shipments.<\/p>\n\n\n\n Ocean Freight:<\/strong> Shipping goods via sea transport, often used for international trade.<\/p>\n\n\n\n Packing List:<\/strong> A document detailing the contents of a shipment, including item descriptions, quantities, and weights.<\/p>\n\n\n\n Commercial Invoice:<\/strong> A document used in international shipping that includes details about the goods, their value, and the terms of sale.<\/p>\n\n\n\n Certificate of Origin (COO): <\/strong>A document certifying the country in which the goods were manufactured, often required for customs clearance.<\/p>\n\n\n\n Manifest: <\/strong>A detailed summary of the shipment, including contents, weight, and destination, used by the carrier.<\/p>\n\n\n\n Pallet:<\/strong> A flat platform used to stack goods for easy handling and transport.<\/p>\n\n\n\n TEU (Twenty-Foot Equivalent Unit):<\/strong> A standard measure for containerized cargo, based on a 20-foot-long container.<\/p>\n\n\n\n CBM (Cubic Meter):<\/strong> A measurement of volume used in freight to calculate space occupied by goods.<\/p>\n\n\n\n Gross Weight:<\/strong> The total weight of the shipment, including packaging and pallets.<\/p>\n\n\n\n Net Weight:<\/strong> The weight of the goods themselves, excluding packaging.<\/p>\n\n\n\n Customs Clearance:<\/strong> The process of submitting documentation and paying duties or taxes to allow goods to enter or leave a country.<\/p>\n\n\n\n Harmonized System (HS) Code:<\/strong> A standardized code used to classify goods for customs purposes.<\/p>\n\n\n\n Duty:<\/strong> A tax imposed on goods imported into a country.<\/p>\n\n\n\n Bonded Warehouse: <\/strong>A storage facility where imported goods can be stored without paying customs duties until they are sold or moved.<\/p>\n\n\n\n Liftgate Service:<\/strong> A service where a hydraulic lift is used to load or unload heavy goods from a truck.<\/p>\n\n\n\n Last Mile Delivery:<\/strong> The final step of the shipping process, where goods are delivered directly to the customer\u2019s location.<\/p>\n\n\n\n Cross-Docking:<\/strong> A practice where goods are unloaded from one truck and immediately loaded onto another for delivery, minimizing storage time.<\/p>\n\n\n\n White Glove Service: <\/strong>A premium delivery service that includes unpacking, assembly, and placement of goods at the final destination.<\/p>\n\n\n\n Freight Insurance:<\/strong> Coverage that protects against loss or damage to goods during transit.<\/p>\n\n\n\n Freight Claim:<\/strong> A formal request for compensation filed by a shipper or consignee when goods are lost or damaged in transit.<\/p>\n\n\n\n Force Majeure: <\/strong>A clause in contracts that absolves parties from liability for unforeseen events like natural disasters or strikes that prevent fulfillment of obligations.<\/p>\n","protected":false},"excerpt":{"rendered":" General Freight Terms 3PL (Third-Party Logistics): A company that provides outsourced logistics services, including warehousing, transportation, and fulfillment. Bill of Lading (BOL): A legal document issued by a carrier to a shipper detailing the type, quantity, and destination of goods being transported. It serves as a shipment receipt and a contract of carriage. Carrier: The […]<\/p>\n","protected":false},"author":2,"featured_media":332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"yoast_head":"\nFreight Costs and Charges<\/h2>\n\n\n\n
Shipping Methods and Modes<\/h2>\n\n\n\n
Freight Documentation<\/h2>\n\n\n\n
Freight Units and Measurements<\/h2>\n\n\n\n
Customs and International Shipping<\/h2>\n\n\n\n
Freight Handling and Delivery<\/h2>\n\n\n\n
Freight Risk and Insurance<\/h2>\n\n\n\n