![]() This technique is widely used by expert shippers to secure their freight shipment. ![]() Learn more about the bill of lading.īlocking and bracing - This term refers to wood or other supports used to keep shipments in place on trailers or in containers throughout the shipping process. This term is often used in rail or ocean freight and refers to the actual owner of the freight being shipped, despite the title of the freight being in another party’s name.īill of Lading (BOL) - The bill of lading (BOL) is the legally-binding contract between the shipper and the carrier, broker or agent that defines all aspects of the freight shipping arrangement including what is being shipped and to whom. It may be a return to the origin of the freight hauled in which the carrier is willing to offer a discount to secure freight for the trip.īeneficial Owner - This is a legal term where specific property rights belong to a person even though the legal title of the property belongs to another person. This person may also receive a portion of any monetary gain from a transaction as payment.Īxle Load - The axle load refers to the weight each axle puts on the nation's highways.īack Haul - The return trip of a truck transporting cargo or freight. Learn how to avoid adjustments.Īgent - A person who transacts business on behalf of another person or company with full or limited decision-making authority. In shipping, an agent may supervise customs procedures, documentation, or insurance. These costs can be added for a discrepancy between the freight characteristics quoted and the delivered shipment details of weight, class and dimensions, or may be accrued for additional services performed such as a liftgate. Accessorials commonly include the need for special equipment and services like liftgates, non-commercial destinations, and inside pickup and/or delivery.Īdjustments - Costs incurred after a shipment has delivered. It covers the terms you need to know to understand the freight shipping process from start to finish.Īccessorials - The freight term used to describe accessorial services that require more than dock-to-dock transportation. Whether you’re new to the freight industry or want to brush up on freight terms, our shipping dictionary is your go-to resource. We used our extensive logistics knowledge and experience to create a straightforward guide to freight shipping and logistics terminology. Understanding freight shipping terms and definitions.
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