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Shipping Terms Glossary2019-09-10T09:31:22+00:00
40 Footer2019-08-24T15:12:15+00:00

A container which is 40 feet in length.

Air Waybill2019-08-16T10:16:10+00:00

The Air Way bill is a non-negotiable Bill of Lading, and is used as a receipt for cargo and a contract for transportation between shipper and air carrier. Unlike an ocean carrier with a “to order” Ocean Bill of Lading, the air carrier must deliver the shipment to the consignee named on the non-negotiable Air Waybill. International air waybills or “airline air waybills,” are used by the air carriers; “House air waybills, ” are used as receipts by Freight Forwarders who then consolidate them with the air carriers international air waybills.

Aircargo Agent2019-08-16T10:15:24+00:00

An agent appointed by an airline to solicit and process international airfreight shipments.

Airport Code2019-08-16T10:15:09+00:00

A three-letter code assigned to all airport locations worldwide.

Arrival notice2019-08-16T10:15:02+00:00

A notice from the ocean carrier to the “notify party” indicating the vessel’s estimated arrival date; identifying shipment details such as the number of packages, weight, and container number, and indicating when free time expires. Often includes a freight invoice.

BAF2019-08-16T10:17:27+00:00

Bunker Adjustment Factor.

Barge To Ship2019-08-16T10:18:07+00:00

When cargo is loaded directly from the barge to the ocean carrier, therefore avoiding delivery to the wharf

Bonded Warehouse2019-08-22T10:45:00+00:00

Goods that must be held until duties are paid are normally put in a bonded warehouse. Warehouses must be approved by the relevant Customs Department and must be under bond or guarantee of compliance with revenue laws.

Break bulk2019-08-16T10:20:54+00:00

The movement by ocean of packaged goods that are not containerized.

BSC2019-08-16T10:21:37+00:00

Bunker Surcharge

CAF2019-08-16T10:35:21+00:00

Currency Adjustment Factor

Carnet2019-08-16T10:36:05+00:00