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Debit postings to the individual accounts in an accounts receivable subsidiary ledger generally come from the
Private Fleet
A company-owned set of vehicles that are used for the transport of goods and materials for the company’s own operations, as opposed to relying on third-party carriers.
Milk Runs
A delivery method where a single vehicle collects loads from several suppliers, reducing transportation costs and improving efficiency.
Logistical Distance
A concept that considers not just the physical distance goods must travel, but also the time, cost, and complexity associated with moving goods from origin to destination.
LTL Carrier
Less Than Truckload Carrier, a shipping option for relatively small, non-bulk freight that does not require the full space of a truck.
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