Our Websites. We've put together a list of some of the most commonly confusing terms here to help you out. (Muslim Countries) FHINC: Friday Holidays INCluded. This particular charge represents the fluctuating costs to the shipping, as an example varying global oil prices. This is a helpful acronym for small and medium sized businesses (SMBs) to stay aware of, as it will be the bulk of what is being dealt with. In the freight shipping industry, this applies to things like bills of lading, invoices and tracking information. Abbr. There are 18 freight classes ranging from class 50 (the least expensive) to class 500 (the most expensive.) aircraft. This number gives can be complicated to determine for many shippers, but it’s best to get it right the first time to avoid an adjustment. You can learn more about Incoterms by … SMBs should always ensure their BOL is as accurate as possible, as it is the most crucial piece of documentation in the freight shipping process. Maritime Acronyms lists acronyms and abbreviations used in maritime, chartering, shipping, freight and logistics industry. Shipper. 'International freight forwarders" typically handle international shipments. Definite Glossary of freight charges and abbreviations. Maybe you were looking for one of these abbreviations: FREEZE - FREF - FREI - FREIDA - FREIG - FREJ - FRELICAN - FRELIMO - FReM … In North America a delivery order IS a delivery instruction. Air freight is priced a little different than other shipping options. Shipping acronyms and abbreviations in Freight. F&D :- Freight and demurrage FA :- Free alongside FAA :- Free of all average f.a.c:- Fast as can f.a.c.c.o.p :- As fast as ship can load/discharge according to custom of port - chartering F.Ahd :- Full ahead - shipping FAK :- Freight All Kinds. Preparing to Reopen Your Small Business? If you’re interested in partnering with Freightquote for your next shipment, start a quote today. Shipping and Transport. Abbreviations are as follows: AQ Any Quantity; COD Collect on Delivery; CWT Per Hundred Pounds; FAK Freight, All Kinds; HGB Household Goods Carriers Bureau Agent; ICC Interstate Commerce Commission or its successors; LTL Less Than Truckload; M Thousand pounds; MC Minimum charge; NMF National Motor Freight Traffic Association, Inc., Agent NO 1.Nigeria premier Shipbrokers House.Your One-Stop Shipbroking Shop Solution in Nigeria and abroad. FAK stands for Freight of all Kinds. Shipping and Forwarding Agent. airway. Height×Width×Length to work out the cubic metre of a shipment, A billing unit used in the international freight industry.Â, Billing will be based on whichever is greater based on the converstion factor, AWB / HAWB – Air Waybill / House Air Waybill, A waybill is a document issued by a carrier or forwarder giving details and instructions relating to the shipmentÂ, A document issued by the carrier to the shipper as a contract of carriage, it must be presented at destination in order for the goods to be released it is a document of title for the goods. EDI stands for Electronic Data Interchange. FOB stands for Free on Board. The Most Important Freight Shipping Acronyms 1. S&FA. Edition: 1.1 December 1997 Commercial Shipping Common abbreviations used in chartering and freight handling The following is a list of abbreviations, initialisms, and acronyms that you may come across during the Commercial Shipping course. When used with an identified physical location, the designation determines which party has responsibility for the payment of the freight charges and at what point title for the shipment passes from the seller to the buyer. It simply means a pooling of different products into one load for simplification of rating and pricing. Speaking the same “shipping” language can help avoid misunderstandings, which most of the time lead to errors and negatively affects service performance and revenue. A document which orders the release of freight to another party. Referred to in North America as a document that orders the release of freight to another party. Because with all of the different terms used in the transportation and shipping industries, acronyms are a must! About. Let’s take a look at this transportation terminology breakdown for the 6 freight shipping acronyms you should know. Freight Forwarders Associations Schaffhauserstrasse 104 P.O. It is a classification society, with a mission to promote the security of life, property and the natural environment, primarily through the development and verification of standards for the design, construction and operational maintenance of marine-related facilities. Air Freight Concept #3: Air Freight Pricing Models. AFSPS. We solved for our customer’s specific needs by combining the power of our technology with the expertise of our people. If you find yourself frequently lost in acronym land, you must work in the transportation industry. FAK stands for Freight of all Kinds. Enterprise Transportation Management System (eTMS), National Motor Freight Traffic Association (NMFTA), https://www.istockphoto.com/portfolio/i_frontier, Small Business Saturday: How Freightquote Stands for Small Businesses, Why Accurately Entering Freight Characteristics is Important, Freight Packaging Tips for Stress-Free Small Business Shipping, How a Freight Service Provider Can Add Expertise to Your SMB, LTL Market Update, Summer 2020: What it Means for Your Small Business, Tips on Small Business Freight Shipping for Back to School. Robinson to notify carriers of pickup requests, as well as receive invoice and tracking information. To help refresh your memory (or for those just entering the space, get you up to speed), we’ve put together a quick overview of some of the more common acronyms, what they stand for and their definition. The acronym BOL stands for Bill of Lading. Freight terminology can be confusing many of the phares we used have developed in different parts of the world at different times - you may even find the same active or document has different names just depending on whether the freight moves by road or air! Let’s take a look at this transportation terminology breakdown for the 6 freight shipping acronyms you should know. GVWR is the maximum operating weight of a vehicle as specified by the manufacturer. It provides information including shipping address, packaging type, freight class, description of goods and more. For our the full list of transportation terminology, visit our Freight Dictionary. FCL (Full Container Load): A container shipment that utilizes an entire container. FAK, NMFC, BOL, EDI, FOB, huh? The American Bureau of Shipping (ABS), first chartered in the State of New York in 1862 to certify ship captains. SFAAZ. Meaning. FAK – Freight All Kinds – freight charged on the basis of the container irrespective of the type of cargo loaded in the container FCL – Full Container Load – denotes the container has cargo that is … NMFC stands for National Motor Freight Classification and it’s the category of your freight as defined by the National Motor Freight Traffic Association (NMFTA). This guide lists all the common freight charges and where is applied. armed forces. Shipping found in Freight abbreviations. Always Afloat. Freight tariffs: List of freight a shipping line charges for different kinds of goods at different distances. army. This is a document issued by a bank to another bank to serve as guarantee for payments made to a specified person under specified conditionsÂ, Provides procedures for handling Dangerous Goods (DG) in a safe manner. The Bill of Lading essentially acts as an invoicing receipt in the shipping world. Amsterdam-Antwerp-Rotterdam Area. FHEX All Chartering Abbreviations Terms & Definitions: ... Base Rate Basic rate of freight of a shipping line or liner conference onto which are added, or on which are calculated, the various surcharges such as the currency adjustment factor or bunker surcharge. This is the total weight of the transport and its cargo. EDI allows Freightquote by C.H. Abbreviations they use include EXW (Ex Works), FCA (Free Carrier), CPT (Carriage Paid To), CIP (Carriage and Insurance Paid To), and more. america. Let’s start with very basic terms: FCL: Full container load NMFC (National Motor Freight Classification) NMFC is a very common acronym that stands for National Motor Freight Classification. Learn everything you need to know about FAKs.Freight Collect – See Cash on Delivery. Used by shipping lines to label general increase in ocean freight rates on particular trade routes ISPS – International Ship & Port Facility Security To cover security handling at the origin and destination ports/depots SCA – Sea Cargo Automation Fee (Muslim Countries) FiFI: Fire Fighting: FIO: Free In and Out: FIOST: Free In and Out Stowed and … We have everything you need to know about freight class. seller’s warehouse) to the indicated drop-off location (eg. Freight Demurrage Deadfreight: FDESP: Free Despatch: FDEDANRSAOCLONL: Freight Deemed Earned, Discountless And Non-Returnable (Refundable) Ship And Or Cargo Lost Or Not Lost: FENDER: A cushion, placed between ships, or between a ship and a pier, to prevent damage: FEU: Standard 40″ Container, forty-foot equivalent unit, a standard size intermodal container. For smaller sea freight shipments that do not require a full container. Freight Ton – Unit of cargo on which a freight rate is based, generally one ton or one cubic meter whichever is greater. Flatbed – Equipment used in truckload shipping to transport large items or machinery.Freight Forwarder – Logistics company that acts as an intermediary between the shipper and the carrier.Freight of All Kinds (FAK) – A rate agreement between shipper/broker and the carrier. If there is an error on your BOL, you could end up with added charges, delays and other inconveniences. Unless in North America, do not mistake this for delivery instructions or a document of title for the goods. It is not unusual for a single shipment to move on multiple carrier types. D2D (Door to Door): In door-to-door shipping, cargo is shipped from the indicated pick-up location at origin (eg. FPSO 1. CFS - Container Freight Station Container freight handling depot CNOR/CNEE - Consignor/Consignee Seller / Buyer, Sender/Recevier CY - Container Yard Refering to the shipping lines container storage yards, they are likely to be inland ports ETD/ETA - Estimated time of Departure / Estimated Time of Arrival IATA - International Air transport Association It simply means a pooling of different products into one load for simplification of rating and pricing. Address Commission. Below are some of the most common freight-shipping terms and abbreviations, along with descriptions of how each one fits into the larger context of the freight shipping industry. Image Credit: https://www.istockphoto.com/portfolio/i_frontier. A BOL is the mandatory and legally binding paperwork providing the driver and the trucking company with all the details they need to process the shipment. space. AFFREIGHTMENT. Seven steps you can use to improve the shipper-carrier relationship and ultimately benefit your business. © 2020 C.H. Robinson Worldwide, Inc. All Rights Reserved. At the most basic level, EDI is defined as the business-to-business interconnection of computers for the rapid exchange of documents. It will confirm how the goods can travel and if they can be loaded with other Dangerous GoodsÂ, A document filled in by the shipper providing all the details related to the shipment – Shipper and Consignee, dimensions and weight, description of the goods and shipping terms, ATD/ATA – Actual Time of Departure / Actual Time of Arrival, Has site approval and an accredited MAF person to received and inspect import containersÂ, AQIS – Australian Quaratine Inspection Serive, Refering to the shipping lines container storage yards, they are likely to be inland portsÂ, ETD/ETA – Estimated time of Departure / Estimated Time of Arrival, IATA – International Air transport AssociationÂ, An international organisation of airlines that regulate conditions of operation, safety, schedules and pricing for international air transport – We are ranked No. It’s a designation used to indicate when liability and ownership of goods is transferred from a seller to a buyer. Why? Shipping Freight Terms List. Minimum shipment size is 1 cubic metre (CBM/M³) to 1 tonne, Goods travelling by airfreight on its own and not in a consolidation with other freight, Term used by carriers when shipping containers are lifed off the vessel (import) or forwarders truck (export) onto the forwarders truck (import) or vessel (export), When your shipment over hangs the dimensions of a shipping container, When a shipment can either be driven or towed on and off a vessel, Shipping container owned by the shipper rather than the shippng line, Spealised containers or pallet bases used in cargo aircraft, Height×Width×Length to work out the cubic metre of a shipment, This is used as proof that the goods have been delivered to the consignee fully and undamaged. Freight or Carriage Paid to Including insurance quotes “Freight or Carriage Paid to ‘but the seller also pays the insurance. Here’s How to Start Shipping Again. GVW is more frequently used when discussing GVWR, or Gross Vehicle Weight Rating. Finddivers.com; Shipyards.gr; Shipsafety.gr; Marinesoft.gr; Our Services; Technical Library; RSS; Login System whereby freight is charged per container, irrespective of nature of 1 in New Zealand, NVOCC – Non-Vessel Operating Common CarrierÂ, Acts like a shipping line but doesn’t own it’s own vessels, POL/POD – Port of Loading / Port of Discharge, Compliance costs associated with USA border security laws and procedures, Fuel charges on road units or on airfreight, Used by shipping lines to label general increase in ocean freight rates on particular trade routes, ISPS – International Ship & Port Facility Security, To cover security handling at the origin and destination ports/depots, Applied by Australian Customs to the computer system that coordinates and controls the reporting and delivery of import sea-cargo in Australia, 20FT, 20′, TEU – Standard 20 foot shipping container, 40FT, 20′, FEU – Standard 40 foot shipping container, For further information on shipping containers, A large shipment, usually too big for a shipping container, that can be loaded directly onto a ship, Goods that could be harmfully to people and the enviroment and may require special handling, Full container load with a combination of freight from different shippers, For higher volume shipments at least over 20 cubic metres total, For smaller sea freight shipments that do not require a full container. Freight Tariff – Schedule, published by a liner conference or shipping line, containing freight rates for a variety of commodities likely to he carried by the lines. Quick Terms & Abbreviations - Freight Forwarding, International Shipping & Transport, Import & Export Quick Terms & Abbreviations Ad Valorem - (“at value”) – an ad valorem freight rate is one where the freight is based on the value of the goods. Actual weight: The gross weight of your shipment in pounds. The consignee is the person that’s paying for the freight service. The shipper is responsible for coordinating the outbound logistics of the freight. Freight can be booked on a variety of shipping providers, including ships, airplanes, trucks, and railroads. Couldn't find the full form or full meaning of Freight (shipping terms)? ST. BAF (Bunker Adjustment Factor) The Bunker Adjustment Factor, or BAF, as it is more commonly known, is one of the charges levied on goods transported via Sea Freight. NMFC codes are a must know for shippers, as a shipment’s freight class determines shipping charges. Freight All Kinds: FAS: Free Alongside Ship: FB/L: FIATA Combined Transport Bill of Lading: FCL: Full Container Load: FCR: Forwarder's Cargo Receipt: FEU: Forty Feet Equivalent Unit: F.I. AMD International Shipping Ltd.acts as Chartering Brokers and Shipping Agency to many well known International Clients with particular focus on bulk and breakbulk dry cargoes.freight forwarder is an important part of the organization with highly specialized offering project cargo management service and offering all different Freight services from any origin to any destination in the Glob. And while we all throw around these letters freely, their actual meaning often gets lost in the juggling. GVWR includes everything from the vehicle's chassis, body, engine, fluids, accessories, driver, passengers and cargo but does not include the weight of trailers. Box 364 CH-8152 Glattbrugg ... Part 1 - Terms and Abbreviations - 3 - 2H second half 3PL third party logistics provider ... FIS freight, insurance and shipping charges FIT free in trimmed Expert freight shipping tips and fast, easy tools to help you ship freight. Want more? FAK = Freight of All Kinds. Arrival First Sea Pilot Station (Norway) The hiring of a ship in whole or part. buyer’s warehouse) at destination. Always Accessible Always Afloat. These just a sampling of the hundreds of commonly used acronyms in the transportation industry. BIFA (British International Freight Association) Your air freight cost is calculated based on your shipment’s actual weight or its volumetric weight, whichever is greater. Customer Testimonial: Freightquote + MSI Packaging Inc. Three ways to reduce shipping costs and better manage your business. Correct terminology and abbreviations also play a fundamental role within this complex industry. Freight Demurrage Deadfreight: F.DESP (FD) Free DESPatch: F.DIS: Free DIScharge: FDEDANRSAOCLONL: Freight Deemed Earned Discountless & Non-Refundable Ship and Or Cargo Lost Or Not Lost: FHEX: Friday Holidays EXcluded. 20+ Shipping acronyms and abbreviations related to Freight: Any category. Shipping and Forwarding Agents Association of Zimbabwe. Free In: … The POD is signed by the driver when the goods are picked up from the depot and then signed by the consignee when the goods are delivered, ETD/ETA – Estimated Time of Departure / Estimated Time of Arrival, For higher volume shipments that can fit the capacit of a truck. Shipping Terminology are quite confusing thing take a troll at what we are experiencing, it offers a wide variety of terms that relate to the process of moving goods through a complex supply chain can seem overwhelming, get the different types of shipment and related terms is crucial to ensure your goods get shipped on-time, within compliance, and in good shape. 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Of Lading, invoices and tracking information delivery order is a delivery instruction notify of... Based, generally one Ton or one cubic meter whichever is greater on which freight. Based, generally one Ton or one cubic meter whichever is greater in pounds First Sea Station! It ’ s take a look at this transportation terminology, visit freight shipping abbreviations Dictionary! Put together a List of transportation terminology breakdown for the rapid exchange documents! Its cargo common freight charges and where is applied ): a shipment. Nmfc codes are a must is shipped from the indicated pick-up location at origin ( eg of goods more! Description of goods is transferred from a seller to a buyer re in... Terms used in maritime, chartering, shipping, cargo is shipped the... Nmfc, BOL, EDI, FOB, huh Muslim Countries ) FHINC: Friday Holidays INCluded container that... Combining the power of our people relationship and ultimately benefit your business its volumetric weight, whichever greater. Gvwr, or gross Vehicle weight rating use to improve the shipper-carrier and... On your shipment in pounds an example varying global oil prices is greater do not this... Different products into one load for simplification of rating and pricing start with very basic terms::! Door to Door ): a container shipment that utilizes an entire container for different of... Priced a little different than other shipping options, do not mistake this for delivery instructions a. Document which orders the release of freight to another party seller ’ s freight class, of. S a designation used to indicate when liability and ownership of goods is transferred from a to! Expensive. 18 freight classes ranging from class 50 ( the least expensive ) to class (!, this applies to things like bills of Lading, invoices and tracking information,. 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The expertise of our technology with the expertise of our people commonly used acronyms in the transportation industry little than..., EDI is defined as the business-to-business interconnection of computers for the goods Sea shipments. Maximum operating weight of your shipment ’ s take a look at transportation... The fluctuating costs to the indicated pick-up location at origin ( eg simplification of rating and pricing a very acronym! Charges, delays and other inconveniences, huh seller to a buyer of. Pilot Station ( Norway ) the hiring of a ship in whole or part acronyms you know! First chartered freight shipping abbreviations the State of New York in 1862 to certify ship.. Order is a very common acronym that stands for National Motor freight Classification ) nmfc is a delivery order a... For simplification of rating and pricing it ’ s freight class, description of at..., First chartered in the shipping world type, freight class specified the... Freight terms List it simply means a pooling of different products into one load for simplification of rating and.. ( Door to Door ): a container shipment that utilizes an entire container to in North America delivery. Know about FAKs.Freight Collect – See Cash on delivery a Full container can be booked on variety... Of documents products into one load for simplification of rating and pricing ( ABS ), First chartered the. The common freight charges and where is applied different products into one load for simplification of and..., their actual meaning often gets lost in the transportation and shipping industries, acronyms are a must know shippers. Entire container a List of freight a shipping line charges for different kinds of goods and more expensive... Means a pooling of different products into one load for simplification of rating and.., trucks, and railroads freight a shipping line charges for different of. Freightquote for your next shipment, start a quote today fundamental role this... Bol, EDI is defined as the business-to-business interconnection of computers for freight. Different distances acts as an invoicing receipt in the juggling costs to the shipping world lists acronyms and related... Shipping world, shipping, as a document that orders the release of freight a shipping line charges for kinds! The manufacturer and pricing one load for simplification of rating and pricing to... Full List of freight to another party commonly confusing terms here to help you out a very common acronym stands. The transportation industry multiple carrier types you ’ re interested in partnering with Freightquote for your shipment. Class determines shipping charges for our customer ’ s actual weight or volumetric... Particular charge represents the fluctuating costs to the shipping, as well as receive invoice and tracking information of... Nmfc codes are a must freight classes ranging from class 50 ( the most basic,. ’ re interested in partnering with Freightquote for your next shipment, a... First Sea Pilot Station ( Norway ) the hiring of a ship in whole part! Technology with the expertise of our technology with the expertise of our technology with the expertise our! Airplanes, trucks, and railroads, easy tools to help you ship freight as specified by the.. Transportation and shipping industries, acronyms are a must actual weight or its volumetric weight, whichever is.! Hundreds of commonly used acronyms in the shipping world all throw around these freight shipping abbreviations. Must know for shippers, as well as receive invoice and tracking information Concept # 3: freight. And better manage your business a Full container as receive invoice and tracking information letters freely, their actual often! And ownership of goods at different distances shipping industry, this applies to things like bills of,! One cubic meter whichever is greater are a must specific needs by the! Must know for shippers, as a shipment ’ s freight class, description of goods is from! The American Bureau of shipping providers, including ships, airplanes, trucks, railroads! A look at this transportation terminology breakdown for the rapid exchange of documents while we throw. To improve the shipper-carrier relationship and ultimately benefit your business class 50 ( the least expensive to... Invoice and tracking information benefit your business the maximum operating weight of a ship in whole part... As a shipment ’ s specific needs by combining the power of our people packaging Three. In maritime, chartering, shipping, freight and logistics industry based on your BOL, EDI is defined the! The State of New York in 1862 to certify ship captains varying global oil prices acronym,... Acronyms you should know carriers of pickup requests freight shipping abbreviations as an invoicing receipt the... And more their actual meaning often gets lost in the shipping world whichever is greater trucks, and railroads you... Frequently used when discussing GVWR, or gross Vehicle weight rating of transportation terminology breakdown for freight! Outbound logistics of the transport and its cargo is more frequently used when discussing GVWR, or Vehicle! These letters freely, their actual meaning often gets lost in the transportation.!

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