Glossary
Common Carrier
Tags: Glossary
Any carrier engaged in the interstate transportation of persons or property on a regular schedule at published rates, whose services are for hire to the general public.
What is Common Carrier?
A common carrier is a crucial component of the logistics industry, playing a significant role in the transportation of goods and people. In simple terms, a common carrier refers to any transportation company that operates on a regular schedule, transporting individuals or goods across state lines. These carriers offer their services to the general public and charge published rates for their transportation services.
Common carriers are responsible for the movement of a wide range of items, including raw materials, finished products, and even passengers. They ensure that goods and people reach their intended destinations efficiently and safely. These carriers operate on predetermined routes and schedules, allowing businesses and individuals to plan their shipments or travel accordingly.
One of the key characteristics of a common carrier is that they offer their services to the general public. This means that anyone can utilize their transportation services, provided they are willing to pay the published rates. Unlike private carriers, who transport goods or people exclusively for a specific company or individual, common carriers are available to anyone who requires their services.
Common carriers are subject to various regulations and requirements to ensure the safety and reliability of their operations. These regulations are put in place to protect both the carrier and the customers. For example, common carriers must adhere to specific safety standards, maintain proper licenses and permits, and carry appropriate insurance coverage.
The services provided by common carriers are essential for businesses and individuals alike. They enable the movement of goods and people across long distances, connecting different regions and facilitating trade. Without common carriers, it would be challenging to transport goods efficiently and cost-effectively, hindering economic growth and development.
In conclusion, a common carrier is a transportation company that operates on a regular schedule, transporting goods or people across state lines. They offer their services to the general public at published rates and play a vital role in the logistics industry. By providing reliable and efficient transportation services, common carriers facilitate trade and contribute to the overall functioning of the economy.