Freight Glossary

Abnormal Loads – Larger shipments that cannot be transported on standard equipment or may exceed permitted mass, dimension and weights.

ADR – An agreement for the transportation of dangerous goods. Further information can be found by clicking here. 

Air Charter – Renting and using the whole aircraft for either transporting cargo or people.

Air Freight – Faster, more expensive way of transporting freight.

Air Waybills (AWB) – A non-negotiable transport document used by freight agents to transport cargo from one airport to another. For more information click here. 

Ambient – Temperature required to transport cargo.

ATR Certificate – A customs document that is normally used when trading and transporting goods between the European Union and Turkey.

Bill of Lading – A document that is normally used when moving goods via sea. For more information click here. 

Bonded Cargo – Freight that is moved or stored under bond, deferring the payment of duty and taxes until a later date.

Bulk Cargo – Cargo that is unpacked and transported in large quantities such as coal, grain and oil.

Bunker Adjustment Factor (BAF) – A surcharge which is set by a shipping line or carrier to compensate for fluctuations in the price of oil (fuel).

Cargo – Goods to be shipped.

Carrier – A person or company that arranges the transportation of goods.

CDS – A new customs deceleration service that will replace CHIEF.

CHIEF – A customs deceleration service run by HMRC to declare goods for import and export.

CMR – The CMR is a consignment note with a standard set of transport and liability conditions. Mainly used with road freight shipments, for further information click here.

Consignment – Goods to be shipped

Containers – Known as shipping containers they come in various sizes the main ones being 20ft and 40ft.

Courier – Normally a person or company that delivers cargo, such as parcels and other smaller items.

Customs Clearance – Goods that are traded outside of the EU must clear customs before entering a country.

Cross Trade – Foreign to foreign trade, so moving cargo from one country to another. The organiser may be located in a different country to that of where the cargo is being transported.

Duty – Taxes that are applied by customs and maybe differ by country or region.

Export – Shipping goods out of a country.

Export License – Goods that may need a license and approved by a government before it can be transported such as military equipment. Further information can be found by clicking here.

Freight forwarding – A freight forwarder is a company or person who organises the transport of goods.

Free Trade Zone – An area found in some countries that is exempt from the normal customs rules on goods. Normally there are no taxes or duties to be paid.

FTL (Full trailer load) – When cargo fill the whole trailer of container.

GATT – Means General Agreement on Tariffs and Trade. Further information can be found by clicking here.

Groupage – When smaller shipments are grouped together and consolidated into one load.

HS Codes or Commodity Codes – Known as commodity codes to classify products when trading or transporting goods. Further information can be found by clicking here. 

Import – Importing of goods from another country or place

Incoterms – Terms that are used for trading and transporting goods. Further information can be found by clicking here.

Intermodal – Term used for transporting goods using different mode of transport.

LCL (Less than container load) – A shipment that does not fill a standard container or truck.

LoLo – An abbreviation of “load on load off”. Cargo shipments with onboard cranes to load and unload cargo.

Multimodal Shipping – Term used for transporting goods using different mode of transport.

Notify Party – A secondary person or persons that require notice of a shipment arrival.

Ocean Freight – Freight hat is moved by sea

Perishable Goods – Goods like vegetables, fish, meats etc that have special transport requirements.

Project Cargo – Normally over sized cargo that needs tailored requirements.

POD – Either port of discharge or proof of delivery.

Road Freight – Freight moved by road.

RoRo Freight – Roll on / Roll off. Normally sea vessels that are designed to accommodate vehicles so that they can be driven on or off.

Sea Ports – A place where cargo vessels are loaded and offloaded.

Shipping Lines – Normally a company that runs and operates ships and other sea vessels.

Shipping Rates – Prices for the shipping of goods from one place to another.

Supply Chain – The process by which goods are produced and distributed.

Temperature Controlled Goods – Freight that requires a controlled environment during transportation.

%d bloggers like this: