Trucking terms, in plain English
The words that show up on rate cons, settlements, and IFTA returns, explained the way you would explain them to a new driver. No jargon defining jargon.
Accessorial
Any charge on top of the line-haul rate for extra work, like detention, a lumper fee, tarping, or an extra stop.
Bill of lading (BOL)
The shipping document that travels with the freight, listing what is on the trailer and acting as the receipt when it is delivered.
Deadhead
The empty miles you drive to get to a pickup, with no freight on the trailer and no one paying for them.
Detention
The fee you charge when a shipper or receiver holds your truck past the free time to load or unload.
ELD
The electronic logging device that records your driving hours automatically to keep you compliant with hours-of-service rules.
Factoring
Selling an unpaid load invoice to a factoring company for cash today instead of waiting weeks for the broker to pay.
Form 2290 (HVUT)
The federal Heavy Vehicle Use Tax return, filed once a year for any truck rated at 55,000 pounds or more.
Freight broker
The middleman who matches a shipper's freight with a carrier to haul it, and who usually pays you for the load.
Fuel surcharge
An extra per-mile amount added to a load's rate to help cover diesel when fuel prices climb.
IFTA
The International Fuel Tax Agreement, which settles fuel tax across every state you drove through on one quarterly return.
IRP
The International Registration Plan, which apportions your plate fees across the states you run so one set of plates covers them all.
Layover
A fee for a full day lost when a load holds you overnight, usually because a pickup or delivery slipped a day.
Lumper fee
What you pay a third-party crew to unload the trailer, common at grocery and food warehouses.
Operating authority (MC number)
The FMCSA authority, tied to an MC number, that lets you haul regulated freight for hire under your own company.
Owner-operator
A driver who owns their truck and runs it as a business, either under their own authority or leased to a carrier.
Per diem
A daily allowance for meals and expenses on the road that drivers can deduct at tax time.
Proof of delivery (POD)
The signed document that proves a load was delivered, usually the bill of lading signed by the receiver.
Rate confirmation
The one-page agreement a broker sends before a load, listing the pay, the stops, and the terms you are agreeing to haul under.
Rate per mile
What a load pays divided by the miles you drive for it, the number that tells you if a load is worth taking.
Settlement
The pay statement that shows what a load or a driver earned after the deductions come out.
USDOT number
The federal ID number that identifies your trucking company to the FMCSA and follows your safety record.
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