In-house
1) Term meaning operations conducted by the firm itself using its own staff and resources, facilities, etc as opposed to contracted-out operations, as in in-house transport operations, otherwise known as own account.
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In-house 1) Term meaning operations conducted by the firm itself using its own staff and resources, facilities, etc as opposed to contracted-out operations, as in in-house transport operations, otherwise known as own account. Clearing house 1) A firm that undertakes haulage contracts by (mainly) sub-contracting the work to other vehicle operators. Many have a poor reputation as a result of paying low rates and taking a long time to settle sub-contractor accounts. Now referred to in modern terminology as ‘freight exchanges’ or ‘electronic market places’. |
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