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    All terms

    Operations

    POD (Proof of Delivery)

    POD is the signed document proving freight was delivered. It's the trigger for invoicing and the basis of OS&D claims.

    Proof of Delivery is the receiver's signed acknowledgment that they got the freight. It can be a paper signed BOL, a tablet capture, or an EDI 214 status with a 'D1' delivery code.

    POD is the invoicing trigger — without a clean POD, factors won't advance, and customers won't pay. POD also starts the clock on OS&D (overage, shortage, damage) claims; most contracts give the receiver 24-72 hours to note exceptions on the POD itself.

    Best practice: dispatch and accounting both watch POD status, and the driver app uploads imaged PODs at the dock to compress days off DSO.

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    Related terms

    Operations

    BOL (Bill of Lading)

    A BOL is the legal contract and receipt issued by a carrier to a shipper, describing the freight being transported.

    Technology

    EDI 214 (Shipment Status Message)

    EDI 214 is the X12 transaction set carriers use to send shipment status updates — pickup, in-transit, delivered — back to shippers.

    Finance

    Factoring (Freight)

    Factoring is selling your accounts receivable to a third party for immediate cash, typically at a 1-4% discount.

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