Glossary

42 freight and logistics terms, plain-language definitions with why each one matters to procurement and operations teams.

KPIs & Performance

Benchmarking (Freight) Carrier Performance Metrics Exception Management Freight Cost per Unit Lead Time Load Factor / Truck Utilization On-Time Delivery (OTD) On-Time In-Full (OTIF) Service Level Agreement (SLA)

Procurement & Costs

Accessorial Charges Contracted Freight Cost-to-Serve Detention & Demurrage Dynamic Pricing (Freight) Freight Audit & Pay Freight Tendering (RFP/RFQ) Hybrid / Integrated Freight Orchestration On-Demand / Premium Freight Pre-Negotiated Spot Rate Card Spot Freight (Spot Buying) Total Cost of Freight (TCoF)

Sustainability & Digitalization

Alternative Fuels (Electric, Hydrogen, Biofuel) Carbon Reporting in Freight Procurement Consolidation CO₂ per ton-km Digital Freight Procurement Empty Miles (Deadhead) ERP Integration in Logistics Sustainable Logistics (Green Freight) Track & Trace / ETA Visibility Transportation Management System (TMS)

Transport & Modalities

Backhaul FTL (Full Truckload) Incoterms (EXW, FOB, CIF, DDP) Intermodal Transport Lane (Origin–Destination Pair) LTL (Less than Truckload) Mode Shift (Air, Road, Rail, Ocean) Multimodal Transport Reverse Logistics Volumetric / Chargeable Weight

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