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Asset
Utilization - The level of output generated by a
company's assets. Logistics management seeks to
improve a company's asset utilization by improving
the efficiency of its supply chain. Also refers to
an asset-based transportation company's need to use
its own equipment (assets) in the most efficient way
possible.
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Back
Haul - Return trip for a vehicle.
Empty-back-haul means a payload was available for
movement in one direction, but no load was available
for the return trip.
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Carrier
- Short for "motor carrier." Refers to a
company that provides motor carrier services, or to
individual motor carrier units. Also sometimes used
to refer to other types of transportation providers,
such as rail carriers, ocean carriers and air cargo
carriers.
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Category
Management - In a retail environment, using
point-of-sale data and historical information to
manage product categories as strategic business
units. Category management seeks to improve
promotional effectiveness, in-stock performance and
customer value to achieve the ultimate objective of
increasing sales.
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Consignee - The party (company) that receives a load
shipment.
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Consolidation
- Combining multiple less-than-containerload (LCL)
or less-than-truckload (LTL) shipments in order to
move full containerloads or truckloads.
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Container - The box part of a trailer that sits on top of the chassis and can be detached from that chassis. The container is labeled with 4 letters and 6 digits.
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Container Yard
- A facility that stores or pools containers.
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Customs
Broker - A person licensed by the U.S. Treasury
Department or foreign government to act on behalf of
exporters and importers to clear shipments for
international moves.
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Deadhead (DH)
- A tractor pulling an empty trailer.
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Detention - Any type of delay where a driver and his truck are detained at a pick-up or drop-off point longer than the allotted amount of time. An example would be if the truck arrived on time but the receiver dock was full. In this case the truck cannot be unloaded and must wait, causing a detention.
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Dry
Van - A trailer without refrigeration or
temperature-controlled compartment that primarily
transports dry, general commodities.
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Food
Service - An industry that provides food
products to restaurants and other institutions.
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Freight
Forwarder - Individual or company that accepts
LCL shipments or LTL shipments and combines them
into full containerload or truckload lots. An agent
who expedites shipments by preparing necessary
documents and making other arrangements.
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Humpers -
Trains destined to a "hump" yard. Hump yards are where railcars are pushed up a hill (hump), uncoupled, and then rolled downhill into remotely controlled sorting tracks. Hump operations are the railroad's most efficient sorting operations.
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ICTF - Intermodal Container Transfer Facility at Long Beach, CA
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Inbound
- Shipments of raw materials and goods
transported into a plant or other location for
further processing or distribution.
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Just-In-Time - In this method of inventory control,
warehousing is minimal or nonexistent. The container
is a moveable warehouse that must arrive as the
materials or goods are required.
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LATC - Los Angeles Transportation Center
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Less
Than Truckload (LTL) - A quantity of freight
less than the amount required to apply a full
truckload rate.
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Logistics
- Management of all inbound and outbound materials,
parts, supplies and finished goods. Originally
confined to traffic and warehousing, logistics has
evolved to include: forecasting, order entry,
inventory control, production scheduling and product
allocation.
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Logistics
Management - Managing some or all of the supply
chain functions, including product research and
development, sales and forecasting, purchasing and
sourcing, production planning, manufacturing,
marketing and sales, inventory management,
cross-docking and flow-through, transportation,
customer service, freight payment and information
reporting.
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Manifest - A train made up of mixed railcars (box cars, tank cars, piggyback cars, etc.).
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Modal
Optimization - Selecting the most efficient and
effective transportation mode - or combination - to
move products on schedule.
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Multimodal/Intermodal
- Transportation involving more than one mode. For
example, motor carrier and rail.
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Non-Asset-Based
Transportation Company - An organization that
does not own transportation equipment, but works
with carriers who do own assets to coordinate
freight movement.
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Outbound
- Materials or finished goods transported out of a
facility for further processing at another location,
or for distribution to the end user.
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Reefer
- A term for refrigerated or temperature controlled
equipment.
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Sourcing
- Seeking out and selecting possible sources for
a product.
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Supply
Chain - The coordinated flow of goods and
information as raw materials are converted to
products delivered to end users.
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Systems
Integration - Reviewing, interpreting, analyzing
and implementing procedures to streamline supply
management and inventory functions.
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