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A comprehensive classification of abbreviation for shipping and receiving. Click to download shipping terms abbreviations pdf
Oct 2, 2023 · Don't be overwhelmed by the hundreds of international shipping terms. We've published a glossary of more than 250 trade terms used by importers and exporters. Bookmark this page and refer to it when you stumble across a word or acronym that has you stumped.
Jun 16, 2023 · We've compiled the ultimate list of shipping terms. On this page, you'll find shipping terminology that fits into multiple categories: International Shipping Terms, Maritime Shipping Terms, Inland Shipping Terms, and many more.
- 20 Shipping Acronyms All Shippers Should Know
- IMO (International Maritime Organization)
- Eld (Electronic Logging Device) Mandate
- Solas (Safety of Life at Sea)
- VGM (Verified Gross Mass)
- P2P (Port to Port)
- D2D (Door to Door)
- FCL (Full Container Load)
- Lcl (Less Than Container Load)
- LTL (Less Than Trucking Load)
From IMO 2020 and ELD to GRI and EEI, one way or another, you’ve probably heard it all. You may be able to put them into context but… just how well do you understand these shipping acronyms? What’s the difference between HS and HTS codes? Is a 20-foot containerthe same as a TEU? And just how are SOLAS and VGM related? Be it with providers, freight ...
Under IMO 2020regulations, starting 1 Jan 2020, the sulfur content in marine fuels will be capped at 0.5%, down from the current 3.5%.
The ELD mandateis US regulation requiring drivers of commercial motor vehicles to log their hours of service electronically.
An international maritime treaty that sets basic measures for the safe construction, equipment, and operation of merchant vessels.
The total gross weight of a shipping container (including dunnage, bracing, and tare). Under SOLAS, shippers are required to declare the VGM of their shipping containers.
In port-to-port shipping, cargo is shipped from the port of origin to the port of destination. This excludes transportation services before and after loading.
In door-to-door shipping, cargo is shipped from the indicated pick-up location at origin (eg. seller’s warehouse) to the indicated drop-off location (eg. buyer’s warehouse) at destination.
A container shipment that utilizes an entire container. Merchandise shipped under FCLdoes not share container space with other merchandise.
Also known as groupage or a shared container, LCL shipments are shipped alongside other cargo in one single shipping container.
Similar to LCL but for land transportation. Various LTL cargoes are grouped and transported together to lower transportation costs.
Nov 13, 2017 · One of the biggest challenges for anyone entering the shipping industry for the first time is to have access to all of the industry’s basic and specific notions. This information opens the doors to a better understanding of what shippers are talking about.
We also explain what each term means, how it works in a buying and selling agreement, and what you should look out for. Click the link below to download our Incoterms guide, which includes an easy to understand chart and explanation of each International Commercial Trade Term.
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Free on Board Incoterms (FOB Incoterms) refers to a set of terms that regulate the movement of goods from the seller to the buyer. Under FOB, the seller is responsible for the goods until they are loaded onto the ship at the designated port. Once the goods are loaded, the buyer takes over responsibility for transportation, risk, and insurance ...
