Trucking Terminology Exam Study Guide.
Assessorial Charge - answerServices in addition to the transportation of goods, such as stopping in
transit to complete loading or to partially unload or storage.
Bill-to Dispute - answerShipment is being challenged by whoever is noted on the Bill of Lading...
Assessorial Charge - answer✔Services in addition to the transportation of goods, such as stopping in
transit to complete loading or to partially unload or storage.
Bill-to Dispute - answer✔Shipment is being challenged by whoever is noted on the Bill of Lading as being
the one who is to pay the freight charges.
Bill of Lading - BOL - answer✔A commercial shipping document which serves as an itemized list of goods
contained in the shipment, a receipt from the carrier, and the contract for carriage and document of
title.
Carrier - answer✔A person engaged in the transportation of passengers or property by land or water, as
a common, contract, or private carrier, or civil aircraft.
Collect - answer✔An indication on a Bill of Lading to instruct the carrier to bill the consignee for shipping
charges. Charges collected at designation are called destination or collect freight bills.
Consignee - answer✔The person or organization to whom freight is shipped. Freight Bill
Freight Bill - FB - answer✔Document of common carrier shipment. Gives description of the freight,
amount of charges, taxes and whether prepaid or collect. Also known as a waybill.
Freight Broker - answer✔A non-asset based company which sells and manages freight transportation
services on behalf of their clients.
Freight Forwarder - answer✔An independent business which handles shipments on a fee basis paid by
the exporter. The freight forwarder makes the actual arrangements, expedites the shipment, takes care
of all documentation, cargo insurance, makes the necessary communications, and advises the shipper
on all requirements of marking and labeling.
Hundred Weight - CWT - answer✔A statement of weight meaning 100 pounds.
Less Than Truckload - LTL - answer✔A quantity of freight less than that required to fill a truck. When
used in conjunction with freight, less than the quantity necessary for the application of truckload rate.
Line Haul Charges - answer✔The primary charges assessed by a Carrier for the movement of freight.
Generally does not include accessorial charges.
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