FREIGHT BROKER COMPANY Flashcards
What are the types of payments used in the industry?
- EFS OR TCH CHECK
- COMCHECK (MÁS USADO)
Se usan ambos para canjear dinero.
When is used the comcheck or TCH check?
Each carrier has its checkbook. When needed that do the procedure with the freight broker company.
Ex: The carrier need a fuel advance
(No tiene dinero para la gasolina y nos pregunta si podemos enviarle para la gasolina antes del pedido) Nosotros como carriers have to contact the freight broker company so the broker give us the EXPRESS CODE (es un # que puede tener hasta 18 dígitos)
Once we have the Express code from the broker we call the bank (Al banco en el que el carrier tenga su checkbook)
We provide the express code and they will confirm and provided us the AUTHORIZATION NUMBER.
The check can be used for the total amount or less not more.
$100 up to $300
What is the digit express code ?
It’s a 18 or less numbers provided for the freight broker to ask for a payment in advance in case of need.
TONU what stand for ?
TRUCK ORDERED NOT USED
Freight Broker company what modality work with ?
FTL modality
What are the freight departments ?
- Quoting and dispatch. (Get rates, identify the best modality or service)
-Brokerage and scheduling (Contact shipper and receivers, set PU/DEL appointment, issue BOL, obtains PRO) - Track and trace (Follow up in transit/DEL, ETA updates to customer, in and out times (FTL)
-Obtain OS&D and claims - Accounting (Document Retrieval, accounts payable or accounts receivable)