A financial service offered by freight brokers that accelerates payment to carriers, typically within 24-48 hours of delivery confirmation and proper documentation submission, instead of standard 30-day payment terms. Usually involves a small fee or discount on the invoice amount in exchange for faster payment processing.
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Start QuizAdditional fees beyond the basic freight rate for extra services provided during transport. These can include detention, layover fees, fuel surcharges, or special equipment requirements.
A suspension system in trucks that uses air-filled bags instead of conventional steel springs. This provides a smoother ride and better protection for sensitive cargo.
A return trip carrying cargo after completing a primary delivery. Helps maximize efficiency and revenue by avoiding empty miles on the return journey.