Definition of OS&D LTL Claims OS&D is the abbreviation for over, short and damage, which is best described in detail below:
SmartWay Certification Defined SmartWay is a voluntary logistics partnership program, brand and collaboration that helps companies benchmark and adjust to industry best practices to obtain the goal of enhancing the sustainability of their supply chains.
Everything you need to know about domestic intermodal and how to be successful implementing it into your logistics strategy. Gives tips, tricks and insights on intermodal and what to watch out for when converting from truckload to intermodal.
Why Validating Your Freight Carrier's Operating Authority and Saftey Rating is Important Hiring a motor carrier to operate for a shipper or freight broker is more than an exercise of sorting a spreadsheet to determine the lowest price freight service provider.
The order-to-cash cycle is the set of business processes associated with receiving a customer order through to the customer’s payment.
Difference in Supply Chain and Logistics A supply chain is the network between a company and its suppliers and customers that includes all the transactions involved in transforming raw goods into salable products.
Definition of Supply Chain A supply chain is the network between a company and its suppliers and customers that includes all the transactions involved in transforming raw goods into a salable products.
Definition of Logistics Service Provider (LSP) Logistics Service Providers, or 3PL (third-party logistics) providers, are outsource entities shippers leverage to manage a company's warehousing, distribution and transportation of freight.
Definition of Managed Transportation Services Solution: Managed Transportation Services Solutions (Managed TMS) involve shippers outsourcing their freight and logistics processes to a third party logistics (3PL) provider.
Definition of Third Party Logistics Company (3PL) A third-party logistics company (3PL) offers outsourced logistics and supply chain service solutions for shippers. A company can outsource all or just a portion of their logistics requirements.
A common question for both large and small shippers is whether they should engage a freight broker to help them fulfill their freight and logistics requirements.