Term | Definition |
ADR | (fr. Accord européen relatif au transport international des marchandises Dangereuses par Rout) – the European Agreement concerning the International Carriage of Dangerous Goods by Road |
ATA / Karnet ATA | international customs and temporary export-import document |
CBM | Cubic Meter / cbm |
CFR | Cost and Freight - the seller has to arrange the transport by sea to a port of destination and provide the buyer with the documents necessary to obtain them from the carrier |
CFS | Container Freight Station - a warehouse specializing in the consolidation and deconsolidation of cargo |
CIF | Cost, Insurance & Freight – an expense paid by a seller against the possibility of loss or damage to a buyer's order while it is in transit |
CIM | (fr. Convention Internationale concernant le transport des Marchandises per chemin de fer) Document used in rail transport, stadarized internationally. |
COD | Cash On Delivery - the recipient pays for a good at the time of delivery |
CPT | Carriage Paid To – the seller delivers the goods at their expense to a carrier or another person nominated by the seller |
D/N | Debit Nota – a document informing the buyer of current debt obligations |
D/O | Delivery Order – a document ordering a terminal operator, carrier or warehouseman to deliver freight to another party |
DGD | Hazardous Goods Declaration (IMDG regulations) |
EDI | standard way for transferring data electronically between logistics companies and their business partners |
EUR 1 | document used in international commodity traffic for goods leaving European Union, recognized as a certificate of origin in the external trade in legal sense |
EXW | Ex Works - a seller makes a product available at a designated location, and the buyer must cover the transport costs |
FCL | Full Container Load – a standard (20 or 40-foot) container transport |
FEU | Forty foot container equivalency |
FILO | Free In/Liner Out. Seafreight) – freight rate includes carriage and costs o loading |
FIO | Free In/Out. – the carrier is not responsible for costs of loading and unloading |
Hauler/Haulier | firms transporting goods by road or rail |
HUB | centre related to transportation, organization, separation, coordination and distribution of goods for national and international transport |
Incoterms | international rules defining the responsibilities of sellers and buyers for the delivery of goods |
Congestion | delays involved with traffic and other port-related problems |
Consolidation | service of assembling several smaller shipments and shipping them together to avail of better freight rates and security of cargo |
LCL | Less than Container Load |
Letter of credit | document from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount |
Letter of guarantee | bank document ensuring that supplier gets paid for the goods or services provided to consignee, even if the consignee itself can't pay |
MRN | Movement Reference Number, required for export shipment with a customs value more than 1000 EUR |
MSDS | Material Safety Data Sheet – document about the physical, chemical, explosive, and radioactive data of hazardous materials in transport |
OOG | Out of gauge – loads which dimensions exceeding those of the container |
Reach Stacker | vehicle used for handling containers in terminals |
RID | (fr. Règlement concernant le transport international ferroviaire des marchandises dangereuses) – European rules on the international transport of hazardous substances by rail |
SAD | Single Administrative Document – customs document for goods arriving into and departing from European Union nations |
Shipper | (Consignor) – person / company responsible for organizing and sending goods |
SOC | Shipper Own Container - container is owned by a consignee |
Storage | storing products at logistics centers and warehouses for a fee |
TEU | Twenty Foot Equivalency |
VGM | weight of the cargo including dunnage, bracing plus the tare weight |