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The Standard Carrier Alpha Code, a two-to-four letter identification, is used by the transportation industry to identify freight carriers in computer systems and shipping documents such as Bill of Lading, Freight Bill, Packing List, and Purchase Order.
Measurement – TMS have or need to have a logistics key performance indicator (KPI) reporting function for transport. Various functions of a TMS include: Planning and optimizing terrestrial transport rounds; Inbound and outbound transportation mode and transportation provider selection; Management of motor carrier, rail, air, and maritime ...
Each carrier is called an intermodal company in a sequence of carriers transporting a particular cargo. Often each company has discretion about when to interline the freight to another company. During an interline shipment there are intermediate entities assisting in the coordination of the transport, including customs brokers and logistics firms.
Co-brokering is a legal practice used to ensure there is an available truck to transport freight. A 4PL may use a 3PL broker to match loads with trucks, with a shippers knowledge. The primary broker will take a lesser amount of the fee and the secondary broker will book the load for transport receiving a larger share of the same fee. [7]
The Motor Carrier Act of 1980 deregulated transportation industries in America and increased competition for logistics providers and shippers. [11] [13] C.H. Robinson created a contract carrier program, expanded its freight contract operations, and established itself as a middleman sourcing operation for shippable goods. [citation needed]
DAT Freight & Analytics, formerly known as Dial-a-Truck, is a US-based freight exchange service ("load board") and provider of transportation information serving North America. Freight exchange services are used to match material ("loads") that needs to be shipped with over-the-road carriers, which can be hired to move those loads.
BlueGrace Logistics is a third-party logistics provider (also known as 3PL) in the 2012 Inc. 5000.The company provides logistics technology, freight management, and customized transportation management to customers throughout the United States.
This pushed Arkansas-Best's operations all the way to California and increased its rank from the 25th largest interstate motor freight carrier in the US to ninth. [ 7 ] Arkansas-Best changed its name to ABF Freight System Inc. in 1980 [ 7 ] and, by 1981, was the eighth largest trucking company in the US operating 106 terminals. [ 6 ]