Industry Terms 1 2 3 4 5

Category Management - In a retail environment, using point-of-sale data and historical information to manage product categories as strategic business units. Category management seeks to improve promotional effectiveness, in-stock performance and customer value to achieve the ultimate objective of increasing sales.

Consolidation - Combining multiple less-than-containerload (LCL) or less-than-truckload (LTL) shipments in order to move full containerloads or truckloads.

Customs Broker - A person licensed by the U.S. Treasury Department or foreign government to act on behalf of exporters and importers to clear shipments for international moves.

Dry Van - A trailer without refrigeration or temperature-controlled compartment that primarily transports dry, general commodities.

Freight Forwarder - Individual or company that accepts LCL shipments or LTL shipments and combines them into full containerload or truckload lots. An agent who expedites shipments by preparing necessary documents and making other arrangements.