Definition of Private carrier:
Firm that uses its transportation equipment (aircraft, ships, and/or trucks) primarily for transporting its own goods.
Private carrier refers to a company that owns the vehicles used to transport its own goods. A private carrier does not transport goods as its primary business and, thus, does not seek to transport the goods of other companies like a common carrier does. In this sense, a private carrier is not a for-hire carrier and does not carry the goods of other companies as its primary business.
Semi-trailer trucks are the most common method of transport associated with private carriers, though large businesses may also operate their own aircraft, railcars or ships as part of their supply chain management. The composition of a private carrier fleet depends on the types of goods the company deals in and the destinations that it ships to. .
How to use Private carrier in a sentence?
- A private carrier refers to a company that owns the vehicles used to transport its own goods.
- There are a wide variety of reasons a company may opt to be a private carrier and invest in its own transportation fleet.
Meaning of Private carrier & Private carrier Definition