Glossary | Lojistic | Lojistic [ ](https://www.lojistic.com)- Why Lojistic - [ All Inclusive. Zero Cost. Every Lojistic solution. No limits. No fees. ](https://www.lojistic.com/pricing) - [ All Modes. All Carriers. All Currencies. Parcel, LTL, truckload, ocean, rail, air freight. ](https://www.lojistic.com/carrier-connectors) - [ Industries Served Retail, eCommerce, 3PL, manufacturing, and more. ](https://www.lojistic.com/industries-served) - [ Roles Most Impacted & How Supply chain & logistics, procurement, finance leaders. ](https://www.lojistic.com/roles-most-impacted) - [ Use Cases How Lojistic helps manage and reduce shipping costs. ](https://www.lojistic.com/use-cases) - Platform Features - [ Global Analytics & Reporting Predictive analytics and scenario modeling for all carriers globally. ](https://www.lojistic.com/shipping-analytics-software) - [ Rate Optimization & RFPs Tech-powered data prep, strategy, and rate impact analyses. ](https://www.lojistic.com/rate-optimization-rfps) - [ Parcel and Freight Audit & Payment *+PAY* Carrier refunds and payments automated and made simple. ](https://www.lojistic.com/freight-audit-and-payment) - [ GL Coding & ERP Sync Automatically code shipping costs down to the order level ](https://www.lojistic.com/gl-coding-erp-sync) - [ Lojistic API & App Integrations Easily integrate normalized shipping data to your business systems. ](https://www.lojistic.com/api-app-integrations) - [Pricing](https://www.lojistic.com/pricing) - [About](https://www.lojistic.com/about) - [Company](https://www.lojistic.com/company) - [Culture](https://www.lojistic.com/culture) - [Careers](https://www.lojistic.com/careers) - [Partner Programs](https://www.lojistic.com/partner-programs) - [Security](https://www.lojistic.com/security) - [Media](https://www.lojistic.com/media) - [Ratings & Review](https://www.lojistic.com/reviews) - [Videos](https://www.lojistic.com/videos) - [Blog](https://www.lojistic.com/blog) - [Glossary](https://www.lojistic.com/glossary) - [Contact](https://www.lojistic.com/contact) - [ Login](https://app.lojistic.com/account/login?trackDemo=false) - [View Demo](https://app.lojistic.com/demo) - [Create Free Account](https://app.lojistic.com/demo/connect-carrier?activeStep=create-account&trackDemo=false) [ ](https://www.lojistic.com) [Create Free Account](https://app.lojistic.com/demo/connect-carrier?activeStep=create-account&trackDemo=false) mobile navigation toggle - Why Lojistic - [ All Inclusive. Zero Cost. Every Lojistic solution. No limits. No fees. ](https://www.lojistic.com/pricing) - [ All Modes. All Carriers. All Currencies. Parcel, LTL, truckload, ocean, rail, air freight. ](https://www.lojistic.com/carrier-connectors) - [ Industries Served Retail, eCommerce, 3PL, manufacturing, and more. ](https://www.lojistic.com/industries-served) - [ Roles Most Impacted & How Supply chain & logistics, procurement, finance leaders. ](https://www.lojistic.com/roles-most-impacted) - [ Use Cases How Lojistic helps manage and reduce shipping costs. ](https://www.lojistic.com/use-cases) - Platform Features - [ Global Analytics & Reporting Predictive analytics and scenario modeling for all carriers globally. ](https://www.lojistic.com/shipping-analytics-software) - [ Rate Optimization & RFPs Tech-powered data prep, strategy, and rate impact analyses. ](https://www.lojistic.com/rate-optimization-rfps) - [ Parcel and Freight Audit & Payment *+PAY* Carrier refunds and payments automated and made simple. ](https://www.lojistic.com/freight-audit-and-payment) - [ GL Coding & ERP Sync Automatically code shipping costs down to the order level ](https://www.lojistic.com/gl-coding-erp-sync) - [ Lojistic API & App Integrations Easily integrate normalized shipping data to your business systems. ](https://www.lojistic.com/api-app-integrations) - [Pricing](https://www.lojistic.com/pricing) - [About](https://www.lojistic.com/about) - [Company](https://www.lojistic.com/company) - [Culture](https://www.lojistic.com/culture) - [Careers](https://www.lojistic.com/careers) - [Partner Programs](https://www.lojistic.com/partner-programs) - [Security](https://www.lojistic.com/security) - [Media](https://www.lojistic.com/media) - [Ratings & Review](https://www.lojistic.com/reviews) - [Videos](https://www.lojistic.com/videos) - [Blog](https://www.lojistic.com/blog) - [Glossary](https://www.lojistic.com/glossary) - [Contact](https://www.lojistic.com/contact) [Create Free Account](https://app.lojistic.com/demo/connect-carrier?activeStep=create-account&trackDemo=false) [View Demo](https://app.lojistic.com/demo) [ Log In](https://app.lojistic.com/account/login?trackDemo=false) Lojistic Glossary ================= Your comprehensive guide to logistics, transportation, and supply chain terminology. Explore definitions, best practices, and industry insights. - [ALL](https://www.lojistic.com/glossary) - \# - A - B - C - D - E - [F](https://www.lojistic.com/glossary/terms/F) - G - H - I - J - K - L - M - N - O - [P](https://www.lojistic.com/glossary/terms/P) - Q - R - S - T - U - V - W - X - Y - Z Loading... F -- [FOB Shipping](https://www.lojistic.com/glossary/term/fob-shipping) - [Shipping-terms](https://www.lojistic.com/glossary/tags/shipping-terms) - [Incoterms](https://www.lojistic.com/glossary/tags/incoterms) - [Freight-costs](https://www.lojistic.com/glossary/tags/freight-costs) - [Freight-claims](https://www.lojistic.com/glossary/tags/freight-claims) - [Procurement](https://www.lojistic.com/glossary/tags/procurement) - [Logistics](https://www.lojistic.com/glossary/tags/logistics) - [International-shipping](https://www.lojistic.com/glossary/tags/international-shipping) - [Carriers](https://www.lojistic.com/glossary/tags/carriers) **FOB Shipping (Free On Board):** A shipping term that defines the point at which ownership and risk of a shipment transfer from seller to buyer. Under FOB Origin, the buyer assumes responsibility, and cost, once goods are loaded at the seller's facility. Under FOB Destination, the seller retains responsibility until goods arrive at the buyer's location. [Freight Audit and Payment (FAP)](https://www.lojistic.com/glossary/term/freight-audit-and-payment-fap) - [Freight-audit](https://www.lojistic.com/glossary/tags/freight-audit) - [Freight-payment](https://www.lojistic.com/glossary/tags/freight-payment) - [Parcel-audit](https://www.lojistic.com/glossary/tags/parcel-audit) - [Carrier-invoices](https://www.lojistic.com/glossary/tags/carrier-invoices) - [Logistics](https://www.lojistic.com/glossary/tags/logistics) - [Transportation-costs](https://www.lojistic.com/glossary/tags/transportation-costs) - [Ltl](https://www.lojistic.com/glossary/tags/ltl) - [Analytics](https://www.lojistic.com/glossary/tags/analytics) Freight Audit and Payment (FAP): The process of reviewing, validating, approving, and paying transportation invoices across freight modes, including LTL, truckload, ocean, air, rail, and intermodal. The core check is a contract or rate audit: confirming that base rates, surcharges, and accessorial charges match negotiated terms and shipment data before an invoice is paid. [Freight Broker](https://www.lojistic.com/glossary/term/freight-broker) - [Freight-brokerage](https://www.lojistic.com/glossary/tags/freight-brokerage) - [Truckload](https://www.lojistic.com/glossary/tags/truckload) - [Ltl](https://www.lojistic.com/glossary/tags/ltl) - [Carriers](https://www.lojistic.com/glossary/tags/carriers) - [Capacity](https://www.lojistic.com/glossary/tags/capacity) - [Logistics](https://www.lojistic.com/glossary/tags/logistics) - [Outsourcing](https://www.lojistic.com/glossary/tags/outsourcing) - [Domestic-shipping](https://www.lojistic.com/glossary/tags/domestic-shipping) **Freight Broker:** A licensed intermediary that [connects shippers with carriers](https://www.lojistic.com/carrier-connectors) for domestic freight, primarily truckload (FTL) and LTL moves. Brokers earn a margin between what the shipper pays and what the carrier is paid. [Freight Forwarder](https://www.lojistic.com/glossary/term/freight-forwarder) - [Freight-forwarding](https://www.lojistic.com/glossary/tags/freight-forwarding) - [International-shipping](https://www.lojistic.com/glossary/tags/international-shipping) - [Logistics](https://www.lojistic.com/glossary/tags/logistics) - [Customs](https://www.lojistic.com/glossary/tags/customs) - [Ocean-freight](https://www.lojistic.com/glossary/tags/ocean-freight) - [Air-freight](https://www.lojistic.com/glossary/tags/air-freight) - [Outsourcing](https://www.lojistic.com/glossary/tags/outsourcing) - [Carriers](https://www.lojistic.com/glossary/tags/carriers) **Freight Forwarder:** A licensed intermediary that arranges the movement of freight on behalf of shippers, typically for international shipments. Freight forwarders don't usually move goods themselves. They [coordinate carriers](https://www.lojistic.com/carrier-connectors), manage documentation, and ensure shipments comply with import and export regulations. P -- [Parcel Audit and Payment](https://www.lojistic.com/glossary/term/parcel-audit-and-payment) - [Parcel-audit](https://www.lojistic.com/glossary/tags/parcel-audit) - [Parcel-shipping](https://www.lojistic.com/glossary/tags/parcel-shipping) - [Carrier-invoices](https://www.lojistic.com/glossary/tags/carrier-invoices) - [Refund-recovery](https://www.lojistic.com/glossary/tags/refund-recovery) - [Shipping-costs](https://www.lojistic.com/glossary/tags/shipping-costs) - [Ups](https://www.lojistic.com/glossary/tags/ups) - [Fedex](https://www.lojistic.com/glossary/tags/fedex) - [Logistics](https://www.lojistic.com/glossary/tags/logistics) - [Analytics](https://www.lojistic.com/glossary/tags/analytics) **Parcel Audit and Payment:** The process of reviewing parcel carrier invoices from providers such as UPS, FedEx, DHL, and regional carriers, recovering credits or refunds where applicable, and managing payment when included in the workflow. Loading... 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All carriers. All modes. Create an account in minutes. [View Demo](https://app.lojistic.com/demo) [Create Free Account](https://app.lojistic.com/demo/connect-carrier?activeStep=create-account&trackDemo=false) ![Lojistic llama with laptop](https://www.lojistic.com/images/global/llama-footer@2x.webp "Lojistic llama with laptop") Why Lojistic - [All-inclusive. Zero Cost. ](https://www.lojistic.com/pricing) - [All Modes. All Carriers. All Currencies ](https://www.lojistic.com/carrier-connectors) - [Industries Served ](https://www.lojistic.com/industries-served) - [Roles Most Impacted & How ](https://www.lojistic.com/roles-most-impacted) - [Use Cases ](https://www.lojistic.com/use-cases) Platform Features - [Global Analytics & Reporting ](https://www.lojistic.com/shipping-analytics-software) - [Rate Optimization & RFPs ](https://www.lojistic.com/rate-optimization-rfps) - [Parcel and Freight Audit & Payment +PAY ](https://www.lojistic.com/freight-audit-and-payment) - [GL Coding & ERP Sync ](https://www.lojistic.com/gl-coding-erp-sync) - [Lojistic API & App Integrations ](https://www.lojistic.com/api-app-integrations) Pricing - [Everything Included – Free Recommended ](https://www.lojistic.com/pricing#bundle) - [À La Carte Plan ](https://www.lojistic.com/pricing#a-la-carte) Resources - [White Papers ](https://www.lojistic.com/white-papers) - [Glossary ](https://www.lojistic.com/glossary) - [FAQ ](https://www.lojistic.com/shipping-faqs) - [Security ](https://www.lojistic.com/security) About - [Culture ](https://www.lojistic.com/culture) - [Careers ](https://www.lojistic.com/careers) - [Partner Programs ](https://www.lojistic.com/partner-programs) - [Ratings & Reviews ](https://www.lojistic.com/reviews) - [Videos ](https://www.lojistic.com/videos) - [Blog ](https://www.lojistic.com/blog) - [Contact Us ](https://www.lojistic.com/contact) Why Lojistic- [All-inclusive. Zero Cost. ](https://www.lojistic.com/pricing) - [All Modes. All Carriers. All Currencies ](https://www.lojistic.com/carrier-connectors) - [Industries Served ](https://www.lojistic.com/industries-served) - [Roles Most Impacted & How ](https://www.lojistic.com/roles-most-impacted) - [Use Cases ](https://www.lojistic.com/use-cases) Platform Features- [Global Analytics & Reporting ](https://www.lojistic.com/shipping-analytics-software) - [Rate Optimization & RFPs ](https://www.lojistic.com/rate-optimization-rfps) - [Parcel and Freight Audit & Payment +PAY ](https://www.lojistic.com/freight-audit-and-payment) - [GL Coding & ERP Sync ](https://www.lojistic.com/gl-coding-erp-sync) - [Lojistic API & App Integrations ](https://www.lojistic.com/api-app-integrations) Pricing- [Everything Included – Free Recommended ](https://www.lojistic.com/pricing#bundle) - [À La Carte Plan ](https://www.lojistic.com/pricing#a-la-carte) Resources- [White Papers ](https://www.lojistic.com/white-papers) - [Glossary ](https://www.lojistic.com/glossary) - [FAQ ](https://www.lojistic.com/shipping-faqs) - [Security ](https://www.lojistic.com/security) About- [Culture ](https://www.lojistic.com/culture) - [Careers ](https://www.lojistic.com/careers) - [Partner Programs ](https://www.lojistic.com/partner-programs) - [Ratings & Reviews ](https://www.lojistic.com/reviews) - [Videos ](https://www.lojistic.com/videos) - [Blog ](https://www.lojistic.com/blog) - [Contact Us ](https://www.lojistic.com/contact) [ ](https://www.lojistic.com) Send Costs Packing™ - [ ](https://www.facebook.com/LojisticUSA) - [ ](https://twitter.com/LojisticUSA) - [ ](https://www.youtube.com/lojistic) - [ ](https://www.linkedin.com/company/lojistic) [CALL US (800) 783-5753](tel:8007835753) © 2026 Lojistic, LLC. 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