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Electronic Data Interchange The electronic transmission of routine business documents, such as purchase orders, invoices and bills of lading, between computers in a standard format. The data formats, or transaction sets, are usually sent between mainframe computers. Learn more in the EDI Resource Center.
Electronic on-board recorder (EOBR) A device hooked into the truck which transmits useful management information such as truck location, speed, and idle time.
Exceptions An exception is any delivery in which the recipient or driver notes a problem on the delivery receipt before signing it. Typically, exceptions concern shortage and/or damage.
Exclusive Use A shipper pays a premium rate for the sole use of a trailer. The trailer will be sealed at loading, and the seal number is recorded on the manifest. The seal number is verified before the trailer is unloaded at destination. When a shipper requests an exclusive-use trailer, no other freight may be added to the unit even if space permits.
Exempt Product Products that are exempt from federal regulation, such as agricultural and forestry products.
FOB Destination Under this arrangement, title and risk remain with the seller until it has delivered the goods to the location specified in the contract.
FOB Origin Title and risk pass to the buyer at the moment the seller delivers the goods to the carrier. The parties may agree to have title and risk pass at a different time or to allocate shipping charges by a written agreement.
Free Alongside A basis of pricing meaning the price of goods alongside a transport vessel at a specified location. The buyer is responsible for loading the goods onto the transport vessel and paying all the cost of shipping beyond that location.
Free Onboard An acronym for free on board when used in a sales contract. The seller agrees to deliver merchandise, free of all transportation expense, to the place specified by the contract. After delivery is complete, the title to all the goods and the risk of damage become the buyer's.
Freight Any product being transported.
Freight Bill Shipping document YRC Freight prepares to confirm shipment delivery and indicate payment terms (prepaid or collect). The document describes the shipment, its weight, the amount of charges and taxes and whether the bill is collect or prepaid. If the bill is prepaid, the shipper pays the shipping charges. If the bill is collect, the consignee pays the shipping charges.
Freight Broker Any person that sells transportation without actually providing it. The term usually refers to an agent for truckload shipments, matching small shippers with carriers. Freight brokers often do not accept any responsibility for their shipments. (See also freight forwarder and shipper's agent.)
Freight Forwarder A freight forwarder combines less-than-truckload (LTL) or less-than-carload (LCL) shipments into carload or truckload lots. Freight forwarders are designated as common carriers. They also issue bills of lading and accept responsibility for goods. The term may also refer to the company that fills railroad trains with trailers. (See also freight broker and shipper's agent.)
Float shifting Shifting gears without using the clutch pedal. Also called "slip shifting" or "dead sticking".
Gross Vehicle Weight (GVW) The combined weight of the vehicle (tractor and trailers) and its goods.