FCC

Federal Communications Commission.

FICA

Federal Insurance Contribution Act (Social Security).

Fifth wheel

A coupling that connects a semi-trailer to a tractor.

Fixed charges

Carrier costs that don’t fluctuate due to an increase or decrease in traffic; a common accounting classification, also referred to as fixed operation costs.

Fixed display

A device that is permanently mounted to a vehicle's dashboard; it records vehicle data through a connection to the data bus.

Flat bed

A semi-trailer without sides; also called a float.

Flip phone

A mobile phone form factor in which the device is comprised of two or more sections that open on a hinge.

Float

A semi-trailer without sides; also called a flat bed.

FMCSA

Federal Motor Carrier Safety Administration; established within the DOT in 2000, the FMCSA is charged with preventing commercial motor vehicle crashes, injuries and fatalities.

Free on board (FOB)

Identifies which shipping and loading costs are paid by the shipper and which are paid by the receiver, as well as where responsibility for the freight is transferred from shipper to receiver.

Free time

Any period in which goods will be stored before charges are applied.

Free-astray

Any shipment, which is delivered to the incorrect terminal or miscarried and then forwarded to the correct terminal free of charge.

Freight charges

Payment due for transportation of goods by a carrier.

Full trailer

Any truck trailer that features wheels on both the front and back end.

Furniture van body

Most often of drop frame construction, any truck body specifically designed to transport furniture or household goods.

FUTA

Federal Unemployment Tax Act.