Agreement: It is a legally binding document that is given to a carrier by a freight broker

that lists all pertinent information related to a load that you will be hauling on their
behalf. It is the first, and most important step of the load booking process.

Carrier: A carrier is a company or a person legally entitled to transport goods by land,

water, and air. Usually, the carrier works with shippers to ship goods from one place to
the other.

Insurance: There are two types of insurance you can get for your freight: carrier
insurance or third-party insurance. Carrier insurance is the insurance covered internally by
the carriers for the freight that they transport. Coverage is based on commodity, value,
freight class, size, weight, and distance traveled. Third-party insurance is offered through
any good freight broker, and the premium (though it varies based on coverage amount) is
often inexpensive, sometimes as low as $40 for up to $10,000 of coverage. When getting
third party insurance you’ll also have an insurance certificate, physical proof that your
freight is covered.

Negotiation: A negotiation is a strategic discussion that resolves an issue in a way that

both parties find acceptable. by negotiating, all involved parties try to avoid arguing but
agree to reach some form of compromiso.

Transportation: Transportation is the movement of goods and logistics is the

management of the inward and outward transportation of goods from the manufacturer
to the end user.

Broker: In general, a broker is an individual or firm that serves as a trusted agent or

intermediary in commercial negotiations and transactions.

Dispatcher: The men, and women who designate where and when their drivers need to
pick up and deliver freight. These dispatchers are in constant contact with their drivers,
confirming pickups and deliveries are completed and scheduled correctly.
Liability: Transportation liability puts carriers in the position of being responsible for the
freight from the first load to the completion of delivery. But now, with individual contracts
in the mix, shippers and carriers are mixing up the responsibilities of transportation and
who’s liable for incidents involving cargo and property damage or injuries.

Shipper: It´s a person, company, or entity that is shown in all the shipping documents
(bill of lading, commercial invoice, packing list) as the party responsible for procuring
and/or placing the order for shipment and maybe also for arranging the freight payment,
etc.

Receiver: A receiver is responsible for confirming receipt of items delivered from

distribution centers to the warehouse. Receivers carefully evaluate order invoices,
ensuring the correct quantity of the items, and inspect the merchandise for any possible
mislabeling and defects.

Truck: It is an heavy and large motor vehicle built for moving goods from one point to the
other. Depending on the types of goods to transport, the truck varies in size and shape.

Tracking: It´s the way to have access to the driver’s contact information, allowing you
to easily follow up and get updates directly from him.

BOL: The bill of lading is a required document to move a freight shipment. The bill of
lading (BOL) works as a receipt of freight services, a contract between a freight carrier and
shipper, and a document of title. The bill of lading is a legally binding document providing
the driver and the carrier all the details needed to process the freight shipment and
invoice it correctly.

POD: The delivery receipt copy of a freight bill indicating the name of the person who
signed for a package with the date and time of delivery, confirming the product was
received in perfect conditions and complete.