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CT's AuditPay® System

AuditPay® Provides shippers with a pre-audit and accurate payment of freight bills. Client freight rates are updated online in the CT FreitRater® software system resulting in invoices that are analyzed and paid based on the most current rates available.

Common terms and definitions used during the AuditPay® process are listed below.

  • Air Transport - The commercial enterprise of moving goods and materials.
  • Barge - The cargo-carrying vehicle used primarily by inland water carriers.
  • Bulk - (Commerce) to place, hold, or transport (several cargoes of goods) in bulk.
  • Customs Brokerage - This is a profession that involves the "clearing" of goods through customs barriers for importers and exporters (usually businesses). This involves the preparation of documents and/or electronic submissions, the calculation and payment of taxes, duties and excises, and facilitating communication between government authorities and importers and exporters.
  • Couriers/Messenger - A fast door-to-door service for high-valued goods and documents; firms usually limit service to shipments of 50 or less.
  • Flat Bed - An open truck bed or trailer with no sides, used to carry large objects such as heavy machinery, cars, or houses.
  • Forwarding
  • Haulaway
  • Household Goods
  • Intermodal - The process of involving two or more different modes of transportation in conveying goods.
  • International - Charges for freight being shipped between countries.
  • LCL - A quantity of freight less that that required for the application of a container rate when shipping over seas.
  • LTL - A quantity of freight less than that required for the application of a truckload rate, usually less than 10,000 pounds. These smaller loads are consolidated by an LTL carrier into one vehicle headed for multiple destinations.
  • Ocean
  • Parcel
  • Pipeline - Charges for goods that are shipped using a pipeline.
  • Rail
  • Specialized - A common carrier trucking company that has authority to haul special commodity.
  • Tank - Cars that are designed to haul bulk liquids or gas.
  • Taxi
  • Truck
  • Utilities
  • Warehouse