Many times customers come across abbreviations on FedEx weekly invoices and agreements yet have no clue as to the meaning of them. Here is a list of common abbreviations that might come in handy.
OB: Outbound prepaid packages picked up at your facility
IB: Packages received by and billed to you (inbound on your account number)
3P: Packages shipped for you by a third party (i.e. drop shipping)
RB: Packages received by and billed to you
PRP: Package Returns Packages received at your facility
ZJ: Zone jump packages dropped into a designated hub
RM: Return Manages packages received at your facility
TBIB: Trans-border packages tendered at a U.S. designated hub or terminal received by and billed to you
TBRB: Trans-border packages tendered at a U.S. designated hub received by and billed to you
TB3P: Trans-border packages tendered at U.S. designated hub received by and billed to you by a third party
Domestic shipments: Shipments with the same origin and destination country (i.e. shipment from Texas to Florida)
Export shipments: Outbound shipments paid by the origin country, to a non-origin destination (i.e. shipment from the US to Switzerland)
Import shipments: Inbound shipments paid by the destination country, from any non-destination origin (i.e. shipment from Switzerland to the US)
Ground MWT: Multiple-piece shipments with a total weight of 200 lbs. with the average package weight of 15–25 lbs. Shrink wrapping or palletizing shipments is not required and the packages are processed like any other FedEx Ground shipment.
If you have any questions about your FedEx invoices or agreements please contact the parcel spend experts at Refund Retriever. Since 2006, we have decoded the late delivery refund logistics to get the most refunds for our clients here in Houston and across the United States. Let our small parcel auditing reveal just how many FedEx and UPS refunds you are leaving on the table.