Industry Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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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