Bill of lading a document that establishes the terms of contract between a shipper and a transportation company. Supply chain and logistics terms and glossary updated. Freight shipping is the process of transporting goods, commodities, or cargo over land, sea, or air. A transportation document that acts as a contract between a shipper and receiver and. Glossary of shipping terms incoterms world options. Accessorial charges also called assessorials any additional services required outside of the standard shipping procedure require additional fees from the carrier called accessorials. Definitions are extracted from each code and standard and compiled into a pdf. The information is disseminated under the sponsorship of the u. The value of goods shipped or services rendered to a customer on whom. Acquiescence when a bill of lading is accepted or signed by a shipper or shippers agent without protest, the shipper is said to acquiesce to the terms, giving a silent form of consent.
Normally it contains a brief description of the goods, documents required, a shipping date, and an expiration date after which payment will no longer be made. Using comparison functions, we can list each document that uses specific terms and determine which documents use the same definitions of. Berth dues or quay dues or dockage charges for the use of a berth. A glossary of common freight shipping and cargo transportation terms, including lingo used in the 3pl brokerage and trucking industry. A rate or tax on the freight based on the value of goods. Glossary of customs and trade terms centre for customs and. This book is a glossary of shipping terms that have been carefully selected from the myriad of terms one can encounter in the shipping business. Glossary international freight terms abi automated brokerage interface. Glossary of shipping terms a shipment freight terms. This notification is list transmitted to a customer or consignor designating items shipped.
The glossary of terms got is an nfpa staff managed project. Whether youre a student, professor, or practicing professional, this glossary is an excellent tool to. Specifies the terms under which the air carrier is agreeing to transport the goods and contains limitations of liability. Incoterms 2020 defines 11 rules, the same number as defined by incoterms 2010. The term applied by australian customs to the computer. Shipments that fill containers that may be ventilated, insulated, refrigerated, open top, liquidfill body, or equipped with other devices or racks. Back haul the return leg of a trip for a fleet vehicle carrying cargo or freight. Glossary of shipping terms alliance shipping group. Cut off date the last date for which goods can be accepted for a. Advisory committee on trade policy and negotiations the actpn is a group membership of 45. An action wherein a shipperconsignee seeks authority to abandon all or parts of their cargo. It is common in fandom to find a large use of slang terms about shipping terms as a whole or in specific fandoms. Addendum additional terms at the end of a charter party.
Liner terms freight rates which include loadingunloading charges, generally with regular shipping lines. An edi term referring to a transaction set ansi 856 where the supplier sends out a notification to interested parties that a shipment is now outbound in the supply chain. Many people think that shipping containers is as simple as moving an object from point a to b. The following is a list of some of the commonly used terms that will assist you when placing orders abroad.
Cutoff time closing time the latest time a container may be delivered to a terminal for loading to a scheduled barge, vessel, train, or truck. A point beyond the midpoint of a ships length, toward the stern relative to an object or point of reference abaft the fore hatch. Get the easy explanations of what it all means at shippo here we provide glossary of shipping terms and freight terms with further explanations of common terms. Inland waterways bill of lading transport document made out to a named person, to order or to bearer, signed by the carrier and handed to. A container constructed of wood and affixed to a pallet, which. Geneva, april 24 working group ii of the intergovernmental panel on climate change ipcc, which assesses scientific literature relating to. Glossary of customs and trade terms b bl abbreviation for bill of lading. Pertinent information such as bill of lading number. It is a gradual increase by addition over a period of time and is a way of recognising that an expense or revenue and the related liability or asset can increase over time and not as signalled by an explicit cash transaction. Sinking about and working with maritime language and. Glossary of international shipping terms old dominion freight line. The terms and definitions are meant to help individuals navigate the b2b payment and remittance space, as well as. New years day, memorial day, independence day, labor day, thanksgiving day and the day after, christmas eve day, christmas day or any other day generally observed as a holiday by the transportation provider at the point where the service is performed. Nevertheless, buyers need to be aware of shipping terms and conditions before they conduct direct imports.
Glossary of international shipping terms a8a manifest a form issued by a licensed customs broker which allows ccra to monitor in bond shipments as they move through canada. Glossary of shipping terms a2z mainfreight singapore. An irrevocable letter of credit is one which obligates the issuing bank to pay the exporter when all terms and conditions of the letter of credit have been met. Some of the most common types of freight shipping include full truckload ftl, less than truckload ltl, and intermodal. Terms of sale these come into play when sellers have. Glossary of vehicle logistics terminology neptune lines. Sometimes the shipping terms used in the courier industry can make the simplest of conversations or procedures seem complicated were on a mission to help world options customers junk the jargon and explain shipping terms with the following extensive guide. If you arent familiar with the transportation industry, acronyms and industry jargon might make it difficult to find the services you need.
Shipping terms and definitions arcbest corporation. An application that expedites the clearance of cargo for the subsequent release of containers. Department of transportation in the interest of information exchange. An advice that the carrier or forwarder sends to the consignee advising of goods coming forward for delivery. One rule of the 2010 version delivered at terminal. Number assigned to a company or person for reference to discount, address, phone number, etc. The glossary of terms provides you with a comprehensive listing of current logistics and supply chain management terms along with their descriptions. Within the shipping industry, most people know that this is most definitely not true. Consortium a group of combined transport operators who agree to rationalise sailing in a trade and carry each others cargo. The surrender of the property, and any rights and liabilities attaching to it, by the insured to the insurers when a claim for total loss is to be made. The difference between a countrys total imports and. The ambient temperature of a container is the atmospheric temperature to which it is exposed. Freeze protection a service agreed upon prior to shipping. The fedex shipping glossary provides the appropriate service.
Common freight term glossary and explanations there are so many freight related terms that sometimes even the pros are left scratching their heads. The following is a list of widely used terms which will help you with deciphering bills, articles, comments, and communications made by transportation professionals and the mainstream media in reference to everything transportation. Intermodal intermodal shipping incorporates more than one mode of transportation, such as combining the use of trucks and trains to cover more ground in a timely manner. The information contained in this listing was gathered from global supply chain leaders. A transportation company that owns its own equipment, usually trucks or containers. Air brake the air brake system on tractors is operated by air and consists of air lines, valves, tanks, and an air compressor. A alternate universe often shortened to au, alternate universe is a concept, typically in fanfictions where characters are imagined to be in different scenarios. An agreement by a steamship line to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer who then becomes liable for payment even though he is later unable to make the shipment. Weve created a graphic that illustrates frequently used shipping and logistics terms to help you understand and manage the various aspects of your supply chain. 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.
Terms youre most likely to hear bill of lading bl or bol the official shipping document containing details about the shipment. Our exhaustive glossary fleshes out freight, clarifies cargo, and demystifies the documents with easytounderstand explanations of the words and acronyms you will encounter most. Customs brokers with the computer capabilities and customs certification to transmit and exchange customs entries and other information, facilitating prompt release of imported cargo. It is also a receipt for cargo accepted for transportation, and must be presented for taking delivery at the destination. Dictionary of shipping terms, third edition sullivan, eric. Also, a term used in some insurance policies to mean a voyage. There are different terms for sea and inland waterways e. Leiden university ma translation in theory and practice 20 2014. Illustrated glossary of ship and boat terms oxford handbooks. The shipping glossary is a list of terms and the definitions in shipping and associated fandoms. The international warehouse logistics association iwla does not take responsibilityfor the content of these definitions and doesnot endorse theseas official. An extra fee charged by carriers for additional services rendered, which can include detention and fuel surcharges. The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business.
Incoterms 2020 is the ninth set of international contract terms published by the international chamber of commerce, with the first set having been published in 1936. In our shipping glossary you can find our call customer service centres throughout the world. Cfr terms of trade are generally used for sea or inland waterway transportation. Daily running cost cost per day of operating a ship. Accessorial charges charges that are applied to the base tariff rate or base contract rate, e. Shipping and importing is filled with complicated terminology. The terms represent a set of international rules for the interpretation of the principal terms of delivery used in trade contracts.
Supply chain and logistics terms and glossary updated february, 2010 please note. Glossary of international trade terms trade connect. Sources drawn on in developing definitions for this glossary include. Dat was removed, and is replaced by a new rule delivered at place unloaded. The international shipping and marine transport industry is full of. Glossary of maritime terms american association of port. A special cargo handling instruction for cargo to be delivered rightaway at shipside after discharge. We begin with the terms of sale, because this is where you can save or lose a lot of money. The amendment becomes an integral part of the original letter of credit. A transportation company that provides movement of goods on behalf of customers at published rates. Pdf glossary of shipping terms waleed saleh academia. Common freight term glossary and explanations freightos. It represents ownership of the goods so its release to the intended recipient of the goods is often held until a final payment for the goods is complete. The area immediately in front of or behind a wharf shed on which cargo is lifted.
The words and acronyms selected for inclusion are those likely to be encountered. Disclaimer this information is disseminated under the sponsorship of the u. Port and shipping terminology technical translation dictionary. Glossary of customs and trade terms the following customs and trade terms are intended as a guide to assist anyone who may not be familiar with the vast array of terms and acronyms that populate the world of customs and international trade and travel. The 1974 trade act requires the actpns establishment and broad representation. Typically assessed based on the duration of a vessels stay and length overall loa. Berth term shipped under a rate that does not include the cost of loading or unloading. Port charge relating to a vessel moored at approved anchorage site in a harbor. Leiden university ma translation in theory and practice 202014.
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