B/L or BOL - Bill of Lading

A document issued to a shipper which contains details about the method and destination of a shipment, plus basic information about the contents. A BOL can act as a receipt for the cargo and can be used as proof of ownership or authority to pickup and deliver.

DimWt – Dimensional Weight
Also called “volumetric weight,” DimWt is a measurement of weight that is estimated based on a package’s length, width, and height.
Supply Chain
Supply Chain refers to the steps in the life cycle of a product’s design, manufacture, transport and sale. These might be factories, freight forwarders, customs brokers, fulfillment warehouses or trucking companies.
Bulk Freight
This term is used to refer to freight that is not to be contained within containers or packages.
Carrier
The carrier is the company, person, or service that transports freight in return for a fee. There are several different types of carriers depending on the mode and goods to be transported.
Certificate of Origin
As the name suggests, this document proves and confirms the origin of imported goods. It is often required for customs processes.
Clearance
Clearance or customs clearance is the green signal that has to be received for the export or import of any shipment. The clearance document contains all the details about the shipment.
Customs Broker
The broker is a service or person with the appropriate registration which negotiates and assists customs clearance for shipping freight.
Nested
This is a term commonly used in LTL (less than truckload) freight shipping. Nested freight is stacked in such a way that the space taken is reduced, thus making the shipping efficient.
POD
POD or proof of delivery is a document or receipt that shows that the shipment was delivered. It contains the date as well as information related to any damages noticed at the time of delivery. It has to be signed by the recipient.
Port of Entry
As the name suggests, the port of entry is the port at which the shipment is admitted into the receiving state or country. In the case of international shipping, the customs clearance has to be produced for smooth entry.
Warehousing
Warehousing functions are often performed by a logistics service. It refers to the storage of goods for a specific period of time before they are shipped or sent out for delivery.
Consignee
The person or company named on the freight contract to whom goods have been consigned or turned over.
Consolidation
A number of separate shipments that are assembled into one shipment for movement on one waybill from one location to another. Consolidation of cargo can result in reduced shipping rates.
Cubic Foot
The unit of volume measurement that is equaled to 1,728 cubic inches.
Customs
The designated government authority that regulates the flow of goods to/from a country and collects duties levied by a country on imports and exports.
Customs Duty
A tax levied and government collection by custom officials of duties that is imposed by law on imports.
Deferred Air Freight
Air Freight shipments that are not time sensitive and can be delivered at a lower cost on later flights. Delivery service is as a rule, between three to five business days.
Demurrage
A penalty for exceeding free time allowed for loading or unloading at a pier or freight terminal.
Density
The weight per cubic foot that is determined by multiplying the length, width and height of a container and dividing the total by 1728.
Dimensional Weight
A calculated weight based on a minimum density requirement. Density is the weight per cubic foot of a shipment of cargo. It is computed by dividing the shipment volume by the minimum density requirement. The dimensional weight rule was developed to insure fair compensation to low density shipments under which the transportation charges are based on a cubic dimensional weight rather than upon actual weight.
Durable Goods
Product that is not consumed through use, such as automobiles, furniture, computers and machinery.
Duty
A tax levied by a government on merchandise imported, exported from another country. Duties are based on the value of goods, while other factors include weight on quantity or combination of value and other factors (compound duties).
Entry
A documentation of the kinds, quantities and values of goods imported together with duties due and declared before a customs officer. It is required to secure the release from customs custody..
Full Container Load (FCL)
A delivery of cargo that fills a given container either by bulk or maximum weight.
Full Truck Load (FTL)
A shipment of cargo that fills a given tractor trailer either by bulk or maximum weight.
Gross Weight
The full weight of a shipment, including containers and packaging materials..
Igloo
A container designed to the dimensions of the full main deck width of carrying aircraft.
Indirect Air Carrier (IAC)
An organization or entity, within the United States, not in possession of an FAA air carrier operating certificate, that initiates to engage indirectly in air transportation of property and uses for any part of such transportation of services to a passenger air carrier.
Inland Port
Sites located away from traditional borders where international trade is processed and value-added services are available.
Interline Shipping
The movement of a single shipment via two or more carriers.
International Air Transport Association (IATA)
A trade organization of airlines that works together offers the highest possible standards to passengers and cargo shippers.
Less Than Container Load (LCL)
Freight is combined with other freight from other shippers. A container can be loaded with LCL cargo at a container freight station for LCL delivery.
Less Than Truckload (LTL)
Freight from several shippers loaded onto an individual trailer. The shipment is based upon a separate rate than truckload rate. LTL is in contrast to TL, which is only one shipment from one shipper that is loaded on a tractor-trailer.
Net Weight
The total weight of a shipment less the weight of pallets, containers or straps.
Non-vessel Operating Common Carrier (NVOCC)
A carrier who issues bills of lading for carriage of goods on vessels that are not owned or operated by them.
Packing List
A document prepared by the shipper that lists the kinds and quantities of merchandise in a particular shipment. A copy is generally sent to the consignee to aid in checking the shipment when received.
Pallet
A portable platform for storing or transporting freight.
Port
A harbor where ships may anchor and unload or receive cargo.
Priority Air Freight
Reserved Air Freight or air express service where shipments have a priority after mail and small packages. The shipper pays a premium charge for this service.
Roll-on/Roll-Off (Ro/Ro)
A ship that is specifically designed to carry wheeled and tracked vehicles as all or most of its cargo. Some vessels can accommodate containers and cargo that is wheeled, tracked, self-propelled or towed vehicles and equipment. A series of external and internal ramps facilitate the loading and discharge of RO/RO cargo.
Shipper’s Letter of Instruction
A form used by the shipper authorizing a carrier to issue an air waybill or (BOL) bill of lading on the shipper’s behalf. It contains all details of the shipment and authorizes the carrier to transport the cargo on behalf of the shipper specific instructions.
Terminal Handling Charge (THC)
Fees charged by ocean containers to move containers between terminals and ships (onloading and unloading), inspecting at terminal facilities, paid by shippers (manufacturers, importers and exporters).
Transit
A journey from one location to another.
Truck Load (TL)
A shipment of freight that is loaded to a trailers maximum capacity either by bulk or maximum weight.
Unit Load Device (ULD)
Any type of container or pallets used to consolidate packages of freight for mechanical handling.

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