Flat Bed Trucking

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Flatbed trucking refers to a type of transportation service that utilizes flatbed trailers to haul cargo. Unlike enclosed trailers, flatbed trailers do not have sides or a roof, offering an…

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Dry Van

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In trucking, a “dry van” refers to a type of enclosed trailer that is commonly used to transport various types of cargo over long distances. Here are the key characteristics…

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Hot Shot Trucking

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In the trucking industry, a “hot shot” refers to a type of trucking service that involves the transportation of relatively small, time-sensitive loads using smaller vehicles, typically trucks or vans….

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Reserves (Invoice)

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In the context of an invoice, the term “reserve” typically refers to a portion of the total amount owed by the buyer that is withheld or set aside for a…

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Proof of Delivery (POD)

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Proof of delivery (POD) is a documentation or process used in the logistics and transportation industry to confirm that goods have been successfully delivered to the intended recipient or destination….

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Factoring Master Agreement (FMA)

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A Factoring Master Agreement is a legal contract between a business (the client) and a factoring company (the factor). Factoring is a financial transaction where a business sells its accounts…

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Variable Rate

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A variable rate, in finance and economics, refers to an interest rate or pricing structure that fluctuates over time in response to changes in underlying market conditions, benchmark rates, or…

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