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BILL OF LADING (Shipping Instructions Document) - A non negotiable document by which a transportation firm acknowledges receipt of freight and contract for its movement. Bill To: - party paying for transportation – may be the shipper, consignee or third party Consignee - The party to whom goods are shipped and delivered. The receiver of a freight shipment Consolidation - Single delivery of multiple shipments from one or more suppliers Cubic foot - length by width by height measured in inches divided by 1728 equals cubic feet, example 90 X 40 X 80 = 288000 inches 288000 / 1728 = 166.7 cubic feet CWT – per hundred poundsDeclared value - the value of the shipment declared on the bill of lading when insurance in excess of $2.00 per pound is required Deconsolidation - unloading and sorting of a full truck or container load of LTL shipments Density – weight divided by cube Door to door service - Nesel picks up and Nesel delivers FSC – fuel surcharge Interline – when a shipment is received from or given to another carrier LTL - less than truckload shipment Proof of Delivery (POD) – signed document proving that the shipment was delivered to the consignee as tendered Signed clear - the shipment is received and signed for without exception Third party – neither the shipper or consignee for example the sold to TL – truckload shipment Transloading - unloading ocean containers and loading domestic equipment For a more comprehensive listing of abbreviations in the transportation industry please refer to: http://schools.cbe.ab.ca/logistics/d.html |
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