LOGISTICS GLOSSARY

Discover the shared
language of logistics.

Short explanations of common terms used in transport quotations and operational communication.

ESSENTIAL VIEW

Understanding the terms makes options easier to compare.

Abbreviations used in transport documents and quotations help define the operating scope and each party’s responsibilities.

These explanations are for general information. The scope of a term in a contract or specific shipment must be read with the relevant documents and conditions.

TERMS

Frequently used terms.

FCL

Full Container Load

Ocean freight in which container capacity is used for one shipper’s cargo.

LCL

Less than Container Load

Ocean freight in which container capacity is shared by multiple shippers.

FTL

Full Truck Load

Road freight in which vehicle capacity is dedicated to one shipment.

LTL

Less than Truck Load

Partial road freight in which vehicle capacity is shared by different shipments.

B/L

Bill of Lading

The transport document issued for an ocean freight movement.

AWB

Air Waybill

The transport document used for air cargo.

CMR

Road consignment note

A document showing the transport agreement and cargo information in international road freight.

ETA

Estimated Time of Arrival

The estimated arrival time of the vehicle or cargo.

ETD

Estimated Time of Departure

The estimated departure time of the vehicle.

Demurrage

Terminal equipment time

A charge associated with a container exceeding its allowed free time at the terminal.

Detention

Container time outside terminal

A charge associated with a container not being returned within free time after leaving the terminal.

Incoterms®

Delivery terms

International trade rules defining transport, cost and risk responsibilities between seller and buyer.

CHECKLIST

Review these points when reading a quotation

  1. 01

    Separate services included in and excluded from the freight charge.

  2. 02

    Remember that estimated departure and arrival dates are not fixed commitments.

  3. 03

    Confirm free time and waiting conditions.

  4. 04

    Check that the delivery term matches the parties’ responsibilities.

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