Words & phrases
Abbrevation | Full designation | Description | |
---|---|---|---|
ATA | Actual Time of Arrival | Actual time of arrival | |
ATA-Carnet | An international customs and temporary export-import document | ATA carnet simplifies the customs clearance and replaces all export, import and transit documents. Read more about ATA-carnet here | |
ATD | Actual Time of Departure | Actual time of departure | |
AWB | Air WayBill | Freight document for air | |
B-L | Bill of Lading | Freight document for shipping | |
B2B | Business to Business | Trade between companies | |
BAF | Bunker Adjustement Factor | Oil / Fuel Surcharge | |
Break-bulk | Goods that must be loaded individually, and not in intermodal containers nor in bulk as with oil or grain | Ships that carry this sort of cargo are called general cargo ships | |
CAF | Currency Adjustment Factor | Currency surcharge | |
Cbm | Cubic meter | A volume that is made by a cube that is 1 meter on each side | |
Certificate of Origin | Certificate of Origin | Certificate of Origin of the goods | |
CFR | Cost and Freight | Delivered when goods is loaded onto vessel, harbour for delivery should be named. | |
Chargeable weight | Freight measurement | Weight converted out of volume | |
Chassis | Chassis/Semi hanger | Trailer for transporting containers | |
CIF | Cost, Insurance and Freight | Delivered when goods is loaded onto vessel, harbour for delivery should be named. Consigner is responsible for insurance | |
COD | Change of Destination | Change of agreed delivery address | |
Consignee | Consignee | Receiver of the goods | |
Consignor | Sender/shipper | The sender/shipper of the goods is where the goods is sent/shipped from | |
DAP | Delivered at Place | Delivered when goods is ready to be unloaded by the buyer at a named destination. Consignee responsible for cost of importing the goods | |
DDP | Delivered Duty Paid | Delivered when goods is loaded onto vessel, harbour for delivery | |
Demurrage | Demurrage | Harbour rental fee in regards to containers | |
Detention | Detention | Container rental fee | |
DGR | Dangerous Goods Regulations | Dangerous goods regulations - rules for handling dangerous goods during transport | |
EAN | European Article Numbering | Gives the product an unique number readable by a scanner | |
EDI | Electronic Data Interchange | Electronic Data Interchange between computer systems | |
ETA | Estimated Time of Arrival | Estimated time of arrival of goods and cargo | |
ETD | Estimated Time of Departure | Estimated time of departure of goods and cargo | |
EXW | Ex Works | An international trade term that describes the seller making a product available at a designated location, and the buyer covering the transport costs. | |
FCA | Free Carrier | Delivered when goods is loaded onto transport of the consignee | |
FCL | Full Container Load | Full container load | |
Feeder | Feeder | Feeders collect shipping containers from different ports and transport them to central container terminals where they are loaded to bigger vessels | |
FEU -/FFU | Forty Equivalent Unit/ Forty Foot Unit | Forty foot Equivalent Unit/ Container | |
FOB | Free On Board | Delivered when goods are loaded onto the vessel | |
FSC | Fuel SurCharge | Additional cost for transport according to cost of fuel in the period the goods are transported | |
FTL | Full Truck Load | Truck fully loaded with goods | |
GSP Certificate | General System of Preference Certificate | Preferential treatment is given in the form of reduced or zero rates of customs duties for access to the markets of the European Union. The GSP scheme is specifically designed to benefit certain developing countries and integrate them into the world economy | |
HAWB | House Air Way Bill | Freight document for air transport, issued by an air freight forwarder | |
HAZMAT | Hazardous Material | Goods that are of a concern that may include danger, flammable, corrosive, explosion hazard, etc. | |
HBL | House Bill of Lading | Freight document issued by a shipping forwarder to their customers | |
IATA | International Air Transport Association | International Air Transport Association | |
LCL | Less than Container Load | Less than container load. 1 TEU equals a 20 feet container | |
MAWB | Master Air Way Bill | Freight document for air transport issued by an airline carrier | |
MBL | Master Bill of Lading | Freight document for shipping, issued by the shipping line | |
Notify party | Notify party | Notify party regarding the arrival of goods | |
NVOCC | Non Vessel Operating Common Carrier | Do not own a vessel, but can issue B/L | |
PDA | Scanner | Handheld scanner for reading the barcode on the labels | |
POD (sea freight) | Port Of Discharge | Port where the goods are delivered | |
POL | Port Of Loading | Port where the goods are loaded | |
Project Cargo | Project Cargo | A term used to broadly describe the national or international transportation of large, heavy, high value or a critical (to the project they are intended for) pieces of equipment. Also commonly referred to as Heavy lift | |
Reefer | A refrigerated container | A temperature regulated container | |
Shipper | Shipper of cargo | Sender of the goods | |
SLA | Service Level Agreement | Service Level Agreement regarding delivery times | |
SSC | Security SurCharge | Additional cost according to safety risks involved | |
Stripping | Stripping of container | Emptying a container | |
Stuffing | Stuffing of container | Loading a container | |
TEU | Twenty foot Equivalent Unit | Twenty foot Equivalent Unit/ Container | |
THC | Terminal Handling Charge | Terminal and handling costs | |
ULD | Unit Load Device | Container, specially adapted for aircraft and air freight | |
W-M | Weight/Measurement | Weight & Measurement of shipment |