Common Freight Term Glossary and Explanations

There are so many freight-related terms that sometimes even the pros are left scratching their heads.

Our exhaustive glossary fleshes out freight, clarifies cargo, and demystifies the documents with easy-to-understand explanations of the words and acronyms you will encounter most.

 

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


 

A

Air Freight

Air Waybill

Alameda Corridor Surcharge (ACS)

Amazon Reference ID

AMS System

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B

Beneficial Cargo Owner (BCO)

Bill of Lading

Billable Weight

Bonded Goods

Booking Confirmation

Booking Fee

Bunker Adjustment Factor (BAF)

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C

Cargo Insurance

Carriage & Insurance Paid To Incoterm (CIP)

Carriage Paid To Incoterm (CPT)

Carrier’s Lien

Certificate of Origin (CoO)

Chargeable Weight

Chassis Usage Fee

Commercial Invoice

Congestion Surcharge

Consignee

Consignor

Consolidation Fee

Container Cleaning

Container Freight Station

Container Fumigation (at Export)

Contract of Carriage

Cost Freight Incoterm (CFR)

Cost Insurance Freight Incoterm (CIF)

Currency Adjustment Factor (CAF)

Customs Bond

Customs Broker

Customs Clearance

Customs Clearance Fee

Customs Duty (at Destination)

Customs Duty (at Origin)

Customs Entry

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D

DAP (Delivered At Place Incoterm)

DAT (Delivered At Terminal Incoterm)

DDP (Delivered Duty Paid Incoterm)

Delivery Fee

Demurrage and Detention/Warehouse Fees

Dimensional Weight (Volumetric Weight)

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E

Expedited Freight

Export Declaration

Export License

EXW (Ex Works Incoterm)

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F

FAS (Free Alongside Ship Incoterm)

FCA (Free Carrier Incoterm)

FCL (Full Container Load)

FOB (Free On Board Incoterm)

Forty-Foot Equivalent Unit (FEU)

Forwarder’s Cargo Receipt (FCR)

Fumigation Certificate

Freight Carriers

Freight Class

Freight Forwarder

FTL (Full Truckload)

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G

General Rate Increase (GRI)

Green Freight

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H

Harbor Maintenance Fees (HMF)

Hazardous Material

House Bill of Lading

HS Code (Harmonized System Code)

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I

Import Duty

Incoterms

Inland Haulage Charges (IHC)

Inspection Certificate

Intermodal Shipping

International Courier Express

ISF Filing

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J

 

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K

 

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L

Letter Of Credit

LCL (Less Than Container Load)

LTL (Less Than Truck Load)

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M

Main Transit Fee

Master Bill Of Lading

Material Safety Data Sheet (MSDS)

Merchandise Processing Fee (MPF)

Multimodal Shipping

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N

NVOCC (Non-Vessel Owning Common Carrier)

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O

Ocean Freight

Onboard Bill Of Lading

Order Bill Of Lading

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P

Packing List

Power of Attorney (POA)

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Q

 

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R

Received-For-Shipment Bill of Lading

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S

Sea Waybill

Shipper’s Letter Of Instruction (SLI)

Shipping Quote

Straight Bill of Lading

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T

Traffic Mitigation Fee (TMF)

Transport Arbitrary at Origin

Twenty-Foot Equivalent Unit (TEU)

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U

UN Number

US Customs and Border Protection (CBP)

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V

Volumetric Weight

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W

Wharfage

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X

 

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Y

 

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Z

 

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