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AFS Client Services Glossary & Acronyms

This article serves as a centralized glossary of AFS terminology, acronyms, and transportation-related definitions used across Client Services, Operations, and Finance teams. It is intended to support onboarding, training, and day-to-day reference.

๐Ÿ”  General Business & AFS Acronyms

Acronym

Definition

3PL

Third Party Logistics โ€“ broker between customers and carriers

ACH

Automated Clearing House

AD

Additional Due

AM

Account Manager

AP

Accounts Payable

API

Application Programming Interface

AR

Accounts Receivable

BD

Balance Due or Business Developer

BI

Business Intelligence

BOL

Bill of Lading

CAR

Client Activity Log

CM

Cost Management

COB

Close of Business

CPM

Cost per Mile

CSR

Customer Service Representative

DBA

Doing Business As (a trade name different from the legal business name)

DR

Delivery Receipt

EOM

End of Month

ERP

Enterprise Resource Planning

FAK

Freight All Kinds

FSC

Fuel Surcharge

FTE

Full-Time Employee

GRI

General Rate Increase

IB

Inbound Shipment

OB

Outbound Shipment

KPI

Key Performance Indicator

LTL

Less Than Truckload

TL

Truckload

TMS

Transportation Management System

ROI

Return on Investment

SOP

Standard Operating Procedure

SOW

Statement of Work

YOY

Year Over Year

 

๐Ÿงพ AFS-Specific Terms

Term

Definition

Auditor

Individual responsible for auditing an account

Audit Stack

Categorization of audit outcomes (1โ€“4 levels based on variance vs. OLA)

Class

Freight classification based on density, handling, stowability, and liability

Cutback Code

Reason code for short-paying a carrier

Eventual Pay

Freight bill requiring additional review

Never Pay

Freight bill rejected and not paid

Online Audit (OLA)

System where client pricing is stored and applied

Pricing Agreement

Contract outlining carrier rates

Routing

Instructions for carrier selection

Servicing Sales

RSD responsible for account and commissions

Third Party (Drop Ship)

Shipment from vendor directly to customer, billed to client

Wire

Payment method processed within one day

 

๐Ÿšš Transportation & Logistics Terms

          Core Concepts

Term

Definition

Accessorial Charge

Fee for additional services (e.g., detention, liftgate)

Bill of Lading (BOL)

Legal document detailing shipment

Carrier

Company that transports goods

Consignee

Recipient of shipment

Shipper

Sender of shipment

Freight Class

Classification determining shipping cost

Line Haul

Base freight rate per mile

Fuel Surcharge (FSC)

Variable fuel cost adjustment

 

        Shipment Types & Methods

Term

Definition

LTL

Less-than-truckload shipment

TL

Full truckload shipment

Intermodal

Multiple transport modes (rail + truck, etc.)

Expedited

Faster-than-standard shipping

Reefer

Refrigerated trailer

Flatbed

Open trailer for large cargo

Hot Shot

Small trailer pulled by a pickup truck

 

            Delivery & Handling

Term

Definition

Proof of Delivery (POD)

Signed confirmation of delivery

Detention

Charge for delays in loading/unloading

Layover

Driver delay requiring overnight stay

Drop Trailer

Trailer left for later pickup

Re-consignment

Changing delivery destination

Rescue Shipment

Transfer to another carrier to complete delivery

 

             Billing, Claims & Fees

Term

Definition

Overcharge (OC)

Excess amount billed above agreed rate

Loss & Damage (LD)

Freight damaged or missing

Declared Value

Stated shipment value for liability purposes

Salvage Allowance

Credit for recoverable freight

Dispute

Challenge to carrier charges or claim outcome

 

โœ… Best Practices

  • Always verify acronyms and terminology when onboarding new clients
  • Confirm DBA vs. legal entity names when reviewing contracts and invoice ownership
  • Use this glossary as a reference during training and day-to-day operations 

๐Ÿ“ŽRelated Article - Client Facing Answers to Common Questions