That means the company printed a shipping label themselves, which is 100% normal with all carriers, but the carrier has not yet picked up the item.
It's something anyone can do, but is common practice with businesses which do a lot of shipping. Especially if the label was created at 6:58pm, most carrier pick ups in my experience with carriers and my wholesale network aren't past 4pm. I'd never had one later than that which wasn't with a multi million dollar company like RockAuto or Amazon with specialized shipping deals with their carriers. Early afternoon, late morning usually, depending on what they have for deliveries in the area if there isn't a scheduled daily pick up.
So, I'd describe the typical process when I sell that way as:
Order comes in
I pack the item
I print a shipping label for it, attach it to the package, and notify the carrier. They give me a tracking number which I pass to my customer.
The carrier comes to pick it up on the next business day (usually before 2pm in my case, exactly 4pm with my old wholesaler though for example as they did daily pick ups)
The carrier scans it into their system as picked up either on receipt of it, or when they get to the sorting facility/depot.