In transportation, “AP/Final Payment” refers to the final payment made by a customer to the truck owner for services rendered. The final payment is made after the verification of POD submitted by the truck owner.

This refers to the amount receivable from the customer after a trip is completed. AR/Payment Pending is a common term used in transportation and logistics to track and manage outstanding payments, and is a crucial aspect of financial management for truck owners and service providers.

The term “load” refers to the quantity of goods or materials being transported in a single trip by a vehicle, vessel, or aircraft. This is measured in terms of weight, volume, or number of items. The maximum load capacity of a vehicle is set on by its size, weight, and other factors, and it is important to ensure that the load does not exceed this capacity for safety reasons.