Freight Dictionary

Managed services refer to outsourcing specific business processes and functions to a third-party provider to improve operations and reduce expenses.

This arrangement allows businesses to delegate tasks such as shipping and logistics to specialists who provide ongoing support and management.

Managed services enhance business operations’ efficiency, reliability, and scalability, enabling companies to focus more on their core activities and strategic goals while relying on experts to handle operational complexities.

Mileage: Mileage is a cost factor in the freight industry determined by the number of miles a shipment travels, influencing the overall transportation expenses.

MC Number: The Motor Carrier Number (MC Number) is a unique identifier assigned to carriers and third-party logistics (3PL) providers, allowing them to operate across state lines and be tracked by regulatory authorities.

Multi-Stop: Multi-stop shipments contain more than one pick-up or drop-off location, requiring multiple stops for the completion of the delivery.