Certified Transportation Broker Course Unit Four Review

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Certified Transportation Broker Course Unit Four
Review

• Transportation Intermediaries Association
• Prepared by
• James T. Kenny, Ph.D.
• John T. Drea, DBA

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CTB Objective 4.1 Define the elements of a bill
of lading
A bill of lading serves two functions
It also provides evidence of the title to the
goods!
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CTB Objective 4.1 Define the elements of a bill
of lading
Why do shippers normally provide the bill of
lading?
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CTB Objective 4.1 Define the elements of a bill
of lading
Straight Bill of Lading Can be a long form or a
short form
Order Bill of Lading Used to make sure consignee
makes good on the balance due in the purchase
agreement.
Uniform Export Bill of Lading Used when a
shipment requires an overland move, a water move,
then an overland delivery.
Types of bills of lading
Livestock Bill of Lading Used in rail
transportation of cattle.
Ocean Bill of Lading Used in overseas trade by
water transport.
Air Bill of Lading can be used in both
terminal-to-terminal and door-to-door air freight
moves.
Government Bill of Lading Used by govt. agencies
and military.
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CTB Objective 4.1 Define the elements of a bill
of lading

• Shippers number
• Shipper name/location/date
• Consignee name/date/mailing address
• Routing and/or carrier (the carrier and the
  interline route the shipper desires)
• Vehicle number (for CL and TL shipments, it is
  the vehicle-owner code)
• Number of packages, TL or CL (used for counting,
  control, loss/damage claims)
• Description of articles, packaging, marks, or
  exceptions (exact article descriptions shown in
  tariffs. Any allowances/dunnage should also be
  noted here.)
• Gross weight of the shipment
• Rate (if known)
• Name of traffic manager or person who prepared
  bill of lading.
• Section 7 (the without recourse clause)
• Prepayment (identifies who will pay the carrier
  for services rendered (either prepaid by the
  shipper, or collected from the consignee)
• Released valuation (if applicable, the valuation
  per pound or per unit should be noted here.)

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CTB Objective 4.2 Describe the terms of sale
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CTB Objective 4.3 List and discuss the elements
of a transportation contract
Suitable traffic that allows a shipper to define
needs
Competitive Bidding Procedures
Adequate competition (more than two carriers)
Sufficient time to prepare (often requires months)
Unsatisfactory bid conditions (see above)
Traffic uncertainty (need to know if a bid is
justifiable)
Significant change in carrier operations
Available cost data is necessary to estimate the
carriers costs and evaluate proposed rates
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CTB Objective 4.4 Describe the steps in the
contracting cycle
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CTB Objective 4.5Describe the types of carrier
and 3P liability
Basis of liability