This fee is charged in addition to any applicable duties and taxes. The buyer has to bear all costs and risks of loss or damage to the goods from that moment. Glossary of international shipping terms old dominion freight line. Most often, the destination is a named airport, terminal or other place where the. Browse the list of 10 692 shipping abbreviations with their meanings and definitions. A term of sale indicating that the seller is liable for all changes and risks until the goods sold are delivered to the port on a dock that will be used by the vessel. Pdf dictionary of shipping terms free download pdf. Actual time of arrival, or airporttoairport, or air transport association of america. Shipping terms latest shipping terms for international.
A pricing term indication that the cost of the goods and freight charges are included in the quoted price. Glossary of shipping terms there are more than two hundred terms and their definitions in our glossary. Sometimes the bags are left in the loading slings to speed up discharge at destination, at the expense though of less freight capacity per cubic metre. Alternating current is a form of pulsing electricity supplied by alternators. They are widely used in international commercial transactions or procurement processes and their use is encouraged by trade councils, courts and international lawyers. A term of trading in which the buyer of the goods pay for the cost of. The buyer is responsible for loading the goods onto the transport vessel and paying all the cost of shipping beyond that location. Drawees act in receiving a draft and thus entering into the obligation to pay its value at maturity. Freight glossary commonly used freight terms from a to z. Index of this nautical glossary index aback 10 abaft 10 abaft the beam 10 abeam 10 able bodied seamen 10 aboard 10 about 10 about ship 10 aboveboard 10 above deck 10 abox 10 abreast 10 abyss 10 access hole 10 accommodation 10 acockbill, acockbell 10 addendum 10 admeasurement 10. The international warehouse logistics association iwla does not take responsibilityfor the content of these definitions and doesnot endorse theseas official definitions. A free carrier fca is a trade term designating the location the seller is to deliver goods. The area immediately in front of or behind a wharf shed on which cargo is.
When freight appears to be free of damage so far as a general survey. It is also a receipt for cargo accepted for transportation, and must be presented for taking delivery at the destination. International shipping terms and definitions fedex. A device secured on the floor of a container to provide additional support or strength to a cargorestraining device, or a device attached to a wharf to secure mooring lines. There are different terms, each of which helps users deal with different situations involving the movement of goods. A marine insurance term meaning that the assurer will not allow payment for partial loss or damage to cargo shipments except. Department of transportation in the interest of information exchange. Common freight term glossary and explanations freightos.
Glossary of shipping terms a shipment freight terms. They are widely used in the international trade processes. A carrier facility where less than container load shipments are consolidated or unloaded. Glossary of customs and trade terms b bl abbreviation for bill of lading. Customs terms here you will find terms and definitions that are associated with the exporting and importing of goods between canada and the. Glossary of shipping terms download pdf weve put together this shipping. In the end, however, the terms wind up boiling down to a few basic specifics. Cargo containing shipments of two or more shippers, usually shipped by a. Consortium a group of combined transport operators who agree to rationalise sailing in a trade and carry each others cargo. They are series of threeletter trade terms related to the common contractual sales practices. Shipping terms and definitions arcbest corporation. Disclaimer this information is disseminated under the sponsorship of the u.
List of all most popular abbreviated shipping terms defined. Introduction to basic shipping terms break bulk means coffee is stowed in the ships hold in bags the cargo is loose. Whether youre new to the freight industry or want to brush up on freight terms, our shipping dictionary. Company reserves the right to revise this agreement without notice, and it is the users responsibility to check back periodically for changes. The incoterms or international commercial terms are a series of predefined commercial terms published by the international chamber of commerce relating to international commercial law. Get your free pdf now, and control your risks and responsibilities for each of the 11 incoterms 2020 at a glance. Glossary of shipping terms yrc freight ltl since 1924. Cut off date the last date for which goods can be accepted for a.
Apparent good order, when freight appears to be free of damage after. Understanding freight shipping terms and definitions. Multiple shipments from different sellers to a single. Acockbill a term used to indicate that the anchor is clear of the hawse pipe and suspended above the water, ready for letting go. Acceptance of terms through use by using this site, you user signify your agreement to these terms and conditions. The size beyond which vessels, cars, or loads cannot pass through, under, or over bridges, tunnels, highways, and so forth. Shipping and freight forwarding terms and acronyms can be a real minefield.
Fob, free on board, is a transportation term that indicates that the price for goods includes delivery at the sellers expense to a specified point and no further. A conventional portto port only incoterm term of sale. Az shipping dictionary and abbreviation finder chartering terms. The fob term is used with an identified physical location to determine 1 the responsibility and basis for payment of freight charges, and 2 the point at which title for the shipment passes from seller to buyer.
Ex works means the buyer is responsible for the entire shipment. Weve explained a few of the more common ones, but get in touch if there are any we dont have listed. Nevertheless, buyers need to be aware of shipping terms. A container constructed to carry grain, powder and other freeflowing solids in bulk. Port charge relating to a vessel moored at approved anchorage site in a harbor. A glossary of common freight shipping and cargo transportation terms, including lingo used in the 3pl brokerage and trucking industry. A glossary of international shipping terms shipping solutions. Introduction to basic shipping terms the coffee guide. Fa free arrier the seller gives the goods, cleared for export, to the buyers carrier at a specified place. Line haul rate that includes the cost of drayage services and accessorial charges such as free days or per diem relief.
Common freight term glossary and explanations there are so many freightrelated terms that sometimes even the pros are left scratching their heads. Supply chain and logistics terms and glossary iwla. If you do not agree to this agreement please do not use this site. Supply chain and logistics terms and glossary updated february, 2010 please note.
The buyer is then responsible for getting transported to the specified place of final delivery. Information and translations of free shipping in the most comprehensive dictionary definitions resource on the web. We used our extensive logistics knowledge and experience to create a straightforward guide to freight shipping and logistics terminology. The seller is required to clear the goods for export. Terminals, restrictions, free time, local surcharges, office calendar. Title passes to the buyer when the seller has secured a clean dock or ships receipt of goods. The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. Shipping container designed for the carriage of freeflowing dry cargoes. A time draft or bill of exchange which the drawee the person or organization, typically a bank, who must pay a draft or bill has accepted and is unconditionally obligated to pay at maturity. An area where goods or cargo can be stored without. For your convenience, we have arranged these into four main categories. Bunker is simply the name given to the heavy oil used to fuel ocean vessels.
Searchable database containing common marine acronyms, abbreviations, and dictionary about all subjects, with a focus on technical, chartering, boating, seawords telecommunications. The shipping trade rules or international commercial terms inco terms are a series of defined commercial terms published by the international chamber of commerce icc. This term is commonly used for containers travelling by more than one mode of transport. The voltage cycles between positive and negative at a regulated frequency cycles per second measured in hertz. You can access these by simply clicking on the appropriate category below. Weve compiled all of the most commonly used terms and phrases and their definitions in one place to help make your life easier. List of incoterms international commercial terms cfr cost and freight the exporter must deliver the goods at the port of destination selected by the importer. Our exhaustive glossary fleshes out freight, clarifies cargo, and demystifies the documents with easytounderstand explanations of the words and acronyms you will encounter most. Transport expenses are thus the responsibility of the exporter. Clearance entry fee cef a fee that is charged when a fedex international ground shipment to or from canada is processed as a brokerageinclusive shipment and fedex arranges for customs clearance services. The terms and conditions of the contract may well be different to the terms and conditions contained on the shipping companys bl, which can in extraordinary.
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