Definition of OS&D LTL Claims OS&D is the abbreviation for over, short and damage, which is best described in detail below:
LTL shipments have earned the reputation for being susceptible to damage, loss and shortages, which is better known as OS&D (Over Short & Damage).
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.
We talk with shippers daily about LTL, truckload and truckload brokerage potential service solutions. And this should be expected with over 50% of the freight spend in the US is with these two modes of service.
Let’s face it, less-than-truckload (LTL) can be one of the hardest freight modes to get “right.”
What's the Difference in a Consignor and Consignee when Shipping Freight? Every freight transaction involves two parties: consignor and consignee. The terms consignor and consignee are often flipped in people’s minds, so why doesn’t the freight industry not just use shipper and receiver. We’ll get back to that question shortly, but let’s start with the definitions of both.
Definition of Volume Shipment Rates Volume shipping quotes are used for LTL shipments that fall outside the normal less-than-truckload parameters, yet shipment is not large enough for a full truckload.
Definition of a Blind Shipment A blind shipment is when consignee / receiver of the shipment is not aware of the shipper or its origin.
Definition of FAK (Freight All Kinds) FAK is a term used within the freight and logistics industry when an LTL carrier assigns a single tariff classification for freight that would typically run under several NMFC codes.
What Are LTL NMFC Codes The National Motor Freight Traffic Association (NMFTA) created the National Motor Freight Classification (NMFC) tariff to classify all commodities into 18 different freight classes between 50 and 500.
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.