Freight, shipping and chartering glossary

Surcharge associated for breaking down a container.

Reserve stock, below which the level of stocks for this product should not fall.

A load of goods sent by sea, road, train, or air.

A note from the exporter to the freight forwarder with instructions on how a shipment is being sent and where it is going.

Surcharge associated with overweight containers on rail.

Defective material that has no market value and cannot be sold.

A carrier service that permits a shipper to change the destination and/or consignee after the shipment has reached its originally billed destination and to still pay the through rate from origin to final destination.

The importer or their agent is required to electronically submit information relating to the shipment. This term is used in the USA.

A firm that primarily matches up small shipments, especially single-traffic piggyback loads, to permit shippers to use twin-trailer piggyback rates.

Transport document used in shipping. The cargo is issued to a specific consignee specified in the sea waybill if he can document his identity, and at the same time, he doesn’t need to present his original copy of this waybill.

In addition to a customs invoice, some countries require a special customs invoice designed to facilitate the clearance of goods and the assessment of customs duties in that country.

A cost that a company can directly assign to a particular segment of the business.

Different levels of service that you will use to fulfill your orders.

A refrigerated container used to transport perishable goods.

The defined, regular pattern of calls made by a carrier in the pick-up and discharge of cargo.

A charter for a specific vessel to move a single cargo between indicated loading port(s) and discharge port(s) in the near future.

Cargo which is on wheels, such as truck or trailers, and which can be driven or towed on to a ship.

An authorized person (individual or firm) performing certain actions on behalf of another person (principal) on his behalf and in his interests.

The unit used in billing in the freight industry.

A contract to optimize the flow of services provided by enterprises to consumers, rendered to each other by partners in the supply chain, as well as intra-company flows.

An add-on charge to the applicable charges; motor carriers have a fuel surcharge, and railroads can apply a surcharge to any joint rate that does not yield 110 percent of variable cost.

Unused material that has a market value and can be sold.

A specific location from where goods will depart for movement.

A document that breaks down the individual legs of a shipment and the surcharges each will incur, as per your freight quote.

The bill of lading for international rail freight transport.

Surcharge related to airport terminal screening.

Specialized organizations and firms engaged in loading and unloading ships.

A vessel for transporting goods on a wheelbase (cars, trucks, railway wagons) and passengers. The fundamental difference between vessels of this type is horizontal loading/unloading through an inclined bow or (usually) stern; this design is called a "ramp."

The major shipping point in a local area; carriers consider all points in the local area to be the rate basis point.

A cargo which enables a ship to return loaded to the port or area where her previous cargo was loaded.

Reserve stock, below which the level of stocks for this product should not fall.

A vessel for transporting goods on a wheelbase (cars, trucks, railway wagons) and passengers. The fundamental difference between vessels of this type is horizontal loading/unloading through an inclined bow or (usually) stern; this design is called a "ramp."

A load of goods sent by sea, road, train, or air.

Surcharge associated for breaking down a container.

Unused material that has a market value and can be sold.

Cargo which is on wheels, such as truck or trailers, and which can be driven or towed on to a ship.

A specific location from where goods will depart for movement.

An add-on charge to the applicable charges; motor carriers have a fuel surcharge, and railroads can apply a surcharge to any joint rate that does not yield 110 percent of variable cost.

Defective material that has no market value and cannot be sold.

A firm that primarily matches up small shipments, especially single-traffic piggyback loads, to permit shippers to use twin-trailer piggyback rates.

Surcharge associated with overweight containers on rail.

Surcharge related to airport terminal screening.

A note from the exporter to the freight forwarder with instructions on how a shipment is being sent and where it is going.

The bill of lading for international rail freight transport.

Transport document used in shipping. The cargo is issued to a specific consignee specified in the sea waybill if he can document his identity, and at the same time, he doesn’t need to present his original copy of this waybill.

A document that breaks down the individual legs of a shipment and the surcharges each will incur, as per your freight quote.

The major shipping point in a local area; carriers consider all points in the local area to be the rate basis point.

The importer or their agent is required to electronically submit information relating to the shipment. This term is used in the USA.

Different levels of service that you will use to fulfill your orders.

A carrier service that permits a shipper to change the destination and/or consignee after the shipment has reached its originally billed destination and to still pay the through rate from origin to final destination.