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Freight Broker
A freight broker is an intermediary between a shipper and a freight service provider. Freight brokers can specialize in certain types of freight, such as equipment hauling on lowboys, oversize, bulk tanker, auto, or other types of freight transportation. A freight broker in the United States must be licensed by the Federal Motor Carrier Safety Administration (FMCSA) and be granted authority as verifiable via the FMCSA Licensing & Insurance database. A freight broker, in freight transport (cargo), over land in the United States by truck is often used as part of the logistics. This may be part of an overall shipbroking using a cargo broker, a freight forwarder, third party logistics broker (3PL), and even a fourth-party broker, when outsourcing is needed (as opposed to in-house) for freight transportation. The brokering can be single mode or by multimodal transportation and can use specialized brokers on a permanent basis or as needed to ensure timely traffic management. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broker
A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal. Definition A broker is an independent party whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate broker who facilitates the sale of a property. Brokers can furnish market research and market data. Brokers may represent either the seller or the buyer but generally not both at the same time. Brokers are expected to have the tools and resources to reach the largest possible base of buyers and sellers. They then screen these potential buyers or sellers f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outsourcing
Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally. Outsourcing sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981 at a time when industrial jobs in the United States were being moved overseas, contributing to the economic and cultural collapse of small, industrial towns. In some contexts, the term smartsourcing is also used. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting out of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises ( privatiz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Possessory
{{dicdef, date=April 2023 In legal usage, Possessory forms several compounds. Conventional meanings :(1) of or pertaining to a possessor; :(2) arising from possession (e.g. possessory interest) or :(3) that is a possessor (e.g. possessory conservator) Compounds *possessory interest, a temporary, qualified property in the things of which the mere possession is delivered to a person. 8 Am J2d Bailm § 71. * possessory action, an action brought to recover possession of property. An action to recover possession of real estate, such as ejectment. An action to recover possession of personal property, such as replevin. In Louisiana, an action to recover the possession of immovable property is called a possessory action. Preston v Zabrisky, 2 La 226, 227. *possessory conservator * possessory judgment, a judgment which establishes the right to possession. In Scots law Scots law () is the List of country legal systems, legal system of Scotland. It is a hybrid or mixed legal syst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oversize Load
In road transport, an oversize load (or overweight load) is a load that exceeds the standard or ordinary legal size and/or weight limits for a truck to convey on a specified portion of road, highway, or other transport infrastructure, such as air freight or water freight. In Europe, it may be referred to as special transport or heavy and oversized transportation. There may also be load-per-axle limits. However, a load that exceeds the per-axle limits but not the overall weight limits is considered overweight. Examples of oversize/overweight loads include construction machines (cranes, front loaders, backhoes, etc.), pre-built homes, containers, and construction elements (bridge beams, generators, windmill propellers, rocket stages, and industrial equipment). Overview The legal dimensions and weights vary between countries and regions within a country. A vehicle which exceeds the legal dimensions usually requires a special permit which requires extra fees to be paid in order for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dry Goods
Dry goods is a historic term describing the type of product line a store carries, which differs by region. The term comes from the textile trade, and the shops appear to have spread with the mercantile trade across the British Empire (and Commonwealth of Nations, former British territories) as a means of bringing supplies and manufactured goods to far-flung settlements and homesteads. Starting in the mid-18th century, these stores began by selling supplies and textile goods to remote communities, and many customized the products they carried to the area's needs. This continued to be the trend well into the early 20th century. With the rise of department stores and catalog sales, the decline of dry goods stores began, and the term has largely fallen out of use. Some dry goods stores became department stores especially around the turn of the 20th century. The term goes back to the 17th century and originally referred to any goods measured in dry measure, not liquid measure, of volu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquid
Liquid is a state of matter with a definite volume but no fixed shape. Liquids adapt to the shape of their container and are nearly incompressible, maintaining their volume even under pressure. The density of a liquid is usually close to that of a solid, and much higher than that of a gas. Therefore, liquid and solid are classified as condensed matter. Meanwhile, since both liquids and gases can flow, they are categorized as fluids. A liquid is composed of atoms or molecules held together by intermolecular bonds of intermediate strength. These forces allow the particles to move around one another while remaining closely packed. In contrast, solids have particles that are tightly bound by strong intermolecular forces, limiting their movement to small vibrations in fixed positions. Gases, on the other hand, consist of widely spaced, freely moving particles with only weak intermolecular forces. As temperature increases, the molecules in a liquid vibrate more intensely, causi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tanker Truck
A tank truck, gas truck, fuel truck, or tanker truck (American English) or tanker (British English) is a motor vehicle designed to carry liquids or gases on roads. The largest such vehicles are similar to railroad tank cars, which are also designed to carry liquid loads. Many variants exist due to the wide variety of liquids that can be transported. Tank trucks tend to be large; they may be insulated or non-insulated; pressurized or non-pressurized; and designed for single or multiple loads (often by means of internal divisions in their tank). Some are semi-trailer trucks. They are difficult to drive and highly susceptible to rollover due to their high center of gravity, and potentially the free surface effect of liquids sloshing in a partially filled tank. History Oil Prior to tank distribution, oil was delivered in cans. From the 1880s, it was distributed in horse-drawn tanks. In 1910, Standard Oil started using motor tankers. Anglo American Oil introduced undergro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulk Cargo
Bulk cargo is Product (business), product cargo that is transported packaging, unpackaged in large quantities. Description Bulk cargo refers to material in either liquid or granular, particulate (as a mass of relatively small solids) form, such as petroleum/crude oil, cereal, grain, coal, or gravel. This cargo is usually dropped or poured, with a spout or shovel bucket, into a bulk carrier Hold (ship), ship's hold, Railroad car#Freight cars, railroad car/railway wagon, or tanker truck/Trailer (vehicle), trailer/semi-trailer body. Smaller quantities can be boxed (or drum (container), drummed) and palletised; cargo packaged in this manner is referred to as breakbulk cargo. Bulk cargo is classified as liquid, wet or dry goods, dry. Baltic Exchange, The Baltic Exchange is based in London and provides a range of indices benchmarking the cost of moving bulk commodities, dry and wet, along popular routes around the seas. Some of these indices are also used to settle Freight Future ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yacht Broker
A yacht broker is a specialist who serves yacht or boat sellers and/or buyers as a representative for the sale or purchase of a yacht or boat. The yacht broker is paid an agreed commission by the seller to market the yacht for sale, field interest and inquiries from buyers, handle negotiations, attend inspection and water trial and ultimately, if successful, to attend delivery. A buyer's broker may assist their client in locating and qualifying a vessel and assisting with purchase negotiations but is typically not paid a commission by buyer and instead shares in the commission paid by the seller to their broker. These two roles are referred to as listing broker (representing the seller and vessel) and selling broker (representing buyer). Licensing Yacht brokers are required to be licensed and bonded in only two states (Florida and California) to protect the public; however, the rules differ in each state on what qualifies as a "yacht". In Florida, licensing is required for an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auto Transport Broker
An auto transport broker is a type of cargo broker that specializes in the shipping and transportation of vehicles. Most vehicles shipped in the U.S. are cars and trucks, but many brokers handle boats, RVs, motorcycles and other types of vehicles as well. Auto transport is classified as "specialized freight trucking" under NAICS code 484230. Overview An auto transport broker is part of the personal vehicle freight business industry chain. In the U.S., these broker companies must have proper licensing and authority from the FMCSA to be allowed to broker vehicles for customers. The individual or business that needs to move a car or other vehicle is the shipper; the shipper contacts a broker to have their vehicle shipped or transported. Once a broker is booked, the broker's job is to find a carrier, which is the individual or company that actually employs drivers and operates the car transport equipment. Brokers are employed because they have access to freight load boards, wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Less Than Truckload Shipping
Less-than-truckload shipping or less than load (LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less than approximately . Full truckload carriers move entire semi-trailers. Semi-trailers are typically between and require a substantial amount of freight to make such transportation economical. The term ''LTL'' can refer to the freight itself, or to the carrier that transports such freight. LTL operations vs. FTL operations Full truck load (FTL) carriers typically haul loads for one single shipper. In these cases, the shipper "rents" a trailer to transport their product where it needs to go, typically paying a "per mile rate" from the carrier. However, with LTL, a single trailer can carry several different shippers' shipments and since each shipment is technically "less than a truckload" they would consider that to be LTL. Due to the basic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Truckload Shipping
Truckload shipping is freight transport in which a semi-trailer or intermodal container is filled entirely with one type of cargo. It differs from less-than-truckload shipping (LTL) in which freight from multiple customers is combined in one trailer. A truckload carrier is a trucking company that contracts entire trailer-load to a single customer. Description The three types of truckload shipment are dry van, flatbed, and refrigerated. Truckload shipments are used for large shipments of freight and typically run on 48 foot or 53 foot dry van trailers which hold 24 or 26 pallets respectively. If multiple truckloads are needed for a large shipment, truckload shipping generally is cheaper, faster, and less damaging to goods than booking a large number of less-than-truckload shipping trips. Efficiency and productivity of the goods' packaging can be improved in truckload shipping. Compared to less-than-truckload, full truckload is cost-effective when weight is high. Full-truckload f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
