Glossary of Transportation and Logistics Terms

Whether you’re a seasoned professional or new to the field, this resource provides clear and concise definitions for key terms. From asset management and air freight to third-party logistics and warehousing, we cover it all. Our goal is to enhance your understanding and streamline your operations with accurate, up-to-date information. Explore our glossary to stay informed and make smart decisions in the world of logistics and transportation.
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Air freight

Rapid transport of goods by aircraft.

Asset management

Systematic management of owned resources to optimize efficiency, reduce costs, and maximize returns.

Bill of lading (BOL)

Systematic management of owned resources to optimize efficiency, reduce costs, and maximize returns.

Bonded carrier

Carrier authorized to transport international goods under customs control.

Carrier

Company or individual responsible for transporting goods.

Cartage

Local delivery of goods, typically between close geographic areas.

Consignee

Party receiving a shipment.

Cross-docking

Direct transfer of goods from inbound to outbound transportation without storage.

Customs compliance

Adherence to regulations and procedures for importing or exporting goods internationally.

Dedicated fleet

Set of vehicles exclusively committed to a single company’s transportation needs.

Demand planning

Estimating future product demand to optimize inventory levels and production.

Dispatch

Team responsible for assigning drivers and vehicles to transport loads.

Domestic transport

Transport within the borders of a single country.

Drayage

Short-distance transportation of freight from an ocean port to a nearby destination.

Electronic Data Interchange (ADI)

Team responsible for assigning drivers and vehicles to transport loads.
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