Billing Adjustment Definition
A billing adjustment is a percentage of unpaid freight transportation costs usually reported by the carrier. A billing adjustment is also referred to as a "rebill." A billing adjustment can only be sent once the broker has received the second invoice. This is because of an inconsistency in the size of items, weight, and number at the delivery time.
Freight carriers have the right to measure and weigh any cargo proffered to them. They usually have highly advanced multidimensional measuring equipment that enables them to determine the exact weight and size of any package, pallet, box, or crate.
Where to Obtain Details about Billing Adjustments
In cases where drivers deliver services beyond the limit stated on the bill of lading (BOL), they will be required to make those adjustments on the proof of delivery (POD). The driver will proceed to sign and provide you with a copy of the POD after inspecting your shipment. Details incorporated in the proof of delivery document include confirmation of the contents, dimensions, and weight of your shipment and any damages to the cargo.
If there are any inconsistencies between the bill of lading and proof of delivery, you will receive a second invoice in the form of a bill of adjustment from the carrier. You will then be contacted by a representative asking for payment of the unpaid balance. The account or credit card used for clearing the initial cost for the billing adjustment will be charged after 72 hours.
How Can You Avoid Billing Adjustments?
When receiving a freight quote, the type of product, distance, pick-up and delivery location, freight class, dimensions, weight, and the number of items all determine the cost to transport. The most effective way to avoid a billing adjustment is to ensure that all information given to your carrier at the time of booking and quoting is 100 percent accurate and complete.
Heavy Equipment Transport uses all types of trailers. We provide the best trailer trucking solutions to fit your needs. Find out more below!
RGN trailers are removable gooseneck trailers. These are a type of flat deck trailer, where the gooseneck at the front can be removed, creating a ramp. Find out more about our RGN trailer trucking solutions now!
Also known as drop decks or lowboys, step deck trailers have multiple levels. It steps down in spots, allowing freight to be lower to the ground. Find out more about our step deck trailer trucking solutions now!
Flatbed trailers are one of the most common types on the road. They work for a wide variety of heavy equipment transport. Find out how we can provide flatbed trailer trucking solutions to fit your needs!
- Freight Agency
- Freight Agents
- Freight Bill Audit
- Freight Broker
- Freight Carrier
- Freight Center
- Freight Class
- Freight Companies
- Freight Consolidation
- Freight Cost
- Freight Forwarder
- Freight Forwarding
- Freight Lines
- Limited Access Pick-up and Delivery
- Overweight Load
- Team Driver Trucking
- Trucking Business
- CLICK HERE FOR FULL GLOSSARY