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Differences between Shipping Company and Shipping Carrier?

Posted on by 33
Hello everyone,
 
I'm working on P2P process which is integrated with Transportation management module and Landed cost module.
 
1/
While configuring for Transportation management, there is a term "Shipping carrier". I wonder what is the difference between shipping carrier and shipping company (Vendor set up).
 
2/
In Shipping carrier set up, vendor account can be blank. So, how is cost associated with transportation recorded for a specific shipping carrier if we did not declare the vendor account.
 
3/
We also have two Shipping company when setting up vendor account: One is an option of Shipping type, one is the third field of last column. What do they means?
 
 
 
 

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