Did you know that one of the first functional alphabets was developed in ancient Greece? This system of writing is one of the foundations for our modern alphabet, as well as many of our modern words. But, of course, there’s a huge difference between being asked to read The New York Times and The Odyssey. In fact, reading anything without properly understanding the words and context can make anything seem like, well, all Greek!
The shipping industry may seem complicated with all its vocabulary, but with proper context, you’ll easily be able to understand the terms you need to know to communicate your needs and have a better experience all around. This blog will be your Rosetta Stone to the 5 need-to-know terms for freight shipping.
LTL Freight, or less than truckload, is exactly what it sounds like. Generally, this is for shipments larger than small parcels or packages, but less than a full truckload shipment. This is especially useful for new, starting, or growing companies.
Bill of Landing
A bill of landing, or BOL, is simply the contract between client and shipper. The BOL includes all the details of what you’re shipping, to whom, and all the other things that need to be known.
The PRO number is the tracking number assigned to the shipment that allows you to remain up to date with its progress in real time. It’s also known as the “standard” number.
One of the most common types of freight is “inbound”, which simply means that whatever is being shipped is coming from a vendor directly to a business, like a warehouse. A great example of this is raw cotton from a farm being shipped to a textile warehouse to be turned into a t-shirt.
Much like the name implies, outbound freight is the yin to inbound freight’s yang, and simply refers to shipments that are leaving warehouses. An example of this would be Amazon packages being delivered to your neighbor’s front porch.
Still Confused? Let Us Translate!
Shipping can be confusing but it doesn’t have to be! With just a few basic vocabulary words you’ll be able to not only understand the process better but be able to communicate your needs and wants more efficiently, creating a much more satisfying experience for both parties.
If you’re searching for a company to help navigate the process, your hunt is over! YourLTL expertly cultivates long term solutions and relationships between shippers and carriers. Find a solution that works for you and contact us today.