|ABBREVIATIONS IN LOGISTICS
|Actual Time of Arrival defines the time when the vehicle (ship, plane, etc.) actually arrived at its destination.
|Actual Time of Departure determines the time when the vehicle (ship, plane, truck, etc.) actually left the place of departure.
Air Way bill. Transport document accompanying air cargo.
The air waybill can simultaneously represent:
The contract for the transportation of cargo between the sender and the airline;
|Master Air Waybill is an air waybill with a number assigned by the airline itself in the form of a 3-digit prefix followed by 8 digits.
|House Air Waybill is an air waybill that initially does not have a number and then receives one from the issuing cargo agent. By this number the cargo can be tracked only by the system of the cargo agent itself. The home air waybill is auxiliary.
|Bunker Adjustment Factor. Additional fuel fee that is usually charged by sea carriers as a percentage of the freight or as a flat surcharge for 1 TEU. This fee depends on the price of crude oil.
Bill of Lading. A shipping document (and at the same time a document of title) that is used for sea and multimodal transportation using sea transport. Bill of Lading can be at the same time:
-Contract for the transportation of goods between the sender and the carrier;
- Cargo acceptance document;
- Document for mutual settlements;
- Document confirming the responsibility of the parties;
- Instructions for loading;
- Customs document;
- Document of cargo delivery.
|Currency Adjustment Factor. Additional fees that are usually charged by sea carriers to compensate for currency fluctuations.
|Container Service Charge. Payment for services of the port terminal for the transfer of LCL (LessthanContainerLoad) deliveries from the berth to the carrier and vice versa.
|Certificate of origin is a document that is used in international trade to determine the country of origin of goods. "Origin" means not the country from which the goods were delivered, but the country where the goods were produced.
|Carnet TIR is a customs shipping document, which controls the delivery of goods transported in trucks and containers under customs stamps and seals from the customs office of the country of departure to the customs office of the destination country. All road vehicles must be approved by the competent authorities for their use. It is issued in the form of a book with detachable sheets torn off when the cargo passes the next customs.
|Container Freight Station, container point.
|Convention relative au Contract de transport international de merchandises par route.International consignment note. Used for international road transport under the Convention on the Contract for the International Carriage of Goods by Road.
|Receiver of goods that is displayed on transport documents.
|The shipper that is displayed on transport documents.
|Сarrier’s Оwned Container. The container is the property of the carrier, the cost of using the container is included in the freight.
|Demurrage is a charge that is collected by the carrier from the client or agent for the idle time of the transport in excess of the originally agreed terms.
|Regulations for the carriage of dangerous goods.
|Estimated Time of Departure is the time when the cargo is expected to leave the place of departure.
|Export declaration. An international document that confirms the export of goods produced and sold from the countries of the European Economic Community (EEC). With the cancellation of the European declaration at the customs office of departure from the EEC countries (when sending cargo from a transit warehouse) the supplier is confirmed that the goods have been exported from the EEC which allows him to avoid paying European VAT. The EX-1 declaration must accompany goods of European origin that follow from the transit warehouse outside the EEC countries. The EX-1 declaration is drawn up by the supplier / agent of the supplier or the carrier / forwarder who has the appropriate license for this.
|Full Container Load. Delivery of cargo with full container load.
|Forty foot equivalent Unit. 40-foot container. The term FEU has found much less prevalence compared to the similar term TEU (20-foot container).
|Federation International des Associations de Transitaires et Assimiles. International Freight Forwarders Association
|Feet. Foot is a measure of length used in the Anglo-American system of measurement (1 foot = 30.48cm). In logistics the abbreviation ft. is usually used to define the size of a container.
|High Cube. 40 'HQ container is higher than standard 40' DC container. According to ISO standards, the outer height of a standard 40 'DC container is 8ft (or 2.42m), and a 40' HQ container can be either 8ft 6 "(2.57m) or 9ft 6" (2.87m) ). The width and length of the HQ container are the same as the standard one..
|The International Air Transport Association is an international non-governmental organization that brings together national and international airlines whose goal is to standardize service criteria for various components of air transportation. If a company claims to be an IATA agent, it means that it operates in accordance with the standards of that organization.
|In Gauge. This term is used for delivery with the help of special equipment, such as Flat Racks, platforms, Open Top containers, etc. and means that the dimensions of the transported cargo do not exceed the dimensions provided for by this equipment for transportation.
|Commercial Invoice. An invoice that is issued by a seller and it is used to indicate the value of a product for various purposes.
|The bank's credit policy and payment security document which is usually signed at the time of the contract conclusion. In addition to payment methods according to this document the terms of payment are often determined such as, for example, the last delivery date of the goods, etc.
|Less than Container Load. Consolidated transportation that combines several goods in one transport unit (container).
|Lift on, Lift off. The most common way of loading ships is lifting and lowering cargo
|Manifest. A document describing all the cargoes of the ship, aircraft, etc.
|Mother Vessel. A large-tonnage liner vessel that serves ports with a large cargo turnover and, as a rule, in accordance with a regular schedule.
|nоn-negotiable document . A document that does not give the right to receive the goods.
|Non-Vessel Operating Common Carrier. A broker who sells loading space on vessels that he does not own or operate. For example, in LCL deliveries where the NVOCC broker sells space in containers for consolidated shipping.
|Out of Gauge. This term is used for delivery with help of special equipment such as Flat Racks, platforms, Open Top containers, etc. and it means that the dimensions of the transported cargo exceed any of the dimensions provided for goods which are transported by this equipment (height, width, length). .
|Open Top. 20 'or 40' container without hardtop. A special tarpaulin cover is provided to cover the cargo in the Open Top container.
|Packing list is a document that gives an idea of the location of a particular product or goods in the cargo. It allows to find the product you need quickly and without opening the entire cargo.
|Port of destination is the port where the cargo will ultimately be unloaded from the ship.
|Port of Loading. Port of departure is the port in which the ship took the cargo on board.
|Roll-on/Roll-off. A special type of vessel that allows to take on board rolling cargo (cars, trucks, semi-trailers, special equipment) using a special ramp.
|Trans shipment. Overloading of transport. Trans shipment is used, for example, if a ship cannot enter the port of destination in which case the cargo is unloaded at an intermediate port (feeder port) then it is reloaded onto special feeder lines and with their help is already delivered to the port of destination.
|Transit Time. Transit time of transportation
|Transit declaration. A transit customs declaration which must accompany all goods of non-European origin (for example, from the USA, Asia, etc.) and goods arriving from European customs warehouses (bonded / customswarehouse) through the territory of the EEC countries.
|Twenty foot Equivalent Unit. 20 foot container. This unit of measurement is also used to determine the capacity of a ship or port facilities.
|Terminal Handling Charge. It is a fee that is charged by the port terminal for the transfer of a container from the berth to the carrier and vice versa.
|Three-Letter-Code. Three letter airport code. For example, the code of the Borispol airport in Kiev is KBP
|Special loading modules, containers, pallets which are used to transport baggage, cargo and mail on board an aircraft.