Logistics Terms

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Across
  1. 1. No Value Declared. On a House the value of the goods can be displayed as either the Declared Value for Carriage or the Shipper's Declared Value. If there is no value to be declared to calculate the carrier's liability, then NVD can be used.
  2. 4. Canadian Export Reporting System - Web-based portal for reporting goods to the CBSA
  3. 6. Customs Trade Partnership Against Terrorism - a voluntary supply chain security program as part of the USCBP cargo security program.
  4. 9. Currency Adjustment Factor. A surcharge on the freight amount, by the ocean carrier, to provide for fluctuations in exchange rate.
  5. 10. Scheduled Time of Arrival
  6. 11. Non-Vessel Operating Common Carriers are able to issue HBL documents with their company listed as carrier even though they do not operate vessels. NVOCCs lease space from VOCCs on behalf of their customers. Many, but not all freight forwarders are NVOCCs, including DSV.
  7. 13. Actual Time of Departure
  8. 14. Air Waybill: A document made out by or on behalf of the carrier confirming receipt of the goods and evidencing the contract between the shipper and the carrier(s) for the carriage of goods by air as described therein.
  9. 15. Buyer's Consol, also shortened to BCO. A Buyer's consol is a consolidation from many shippers in a similar geographic area all with the same buyer. These shipments from different shippers are consolidated in a single or multiple FCL containers to save on shipping costs, or consolidated for air all traveling under the same MAWB. A sea BCN would be handled like LCL shipments at origin, delivered to a CFS, and stuffed in a container. At destination the BCN could be delivered like a FCL, delivering the entire container to the buyer. Buyer's consols will have a lead shipment that could be used to bill the entire BCN sell rate to the buyer.
  10. 17. Order (GO) Per US Customs regulations, goods arrived to the US have to have an entry made (entries could include clearance, FTZ admission, or in-bonds) within 15 days of arrival. If they do not, they are subject to General Order and the freight will be transferred to a General Order warehouse. Transportation and storage will be at the expense of the importer. If after 6 months the freight has not been cleared or re-exported, then the cargo will be put up for auction.
  11. 19. Automated Commercial Environment for US Customs. This is the environment enabling all electronic data feeds into and out of US Customs
  12. 21. Transportation Security Administration. For US Air Exports there are certain guidelines from the TSA that must be followed. All US Air Exporters should be TSA trained prior to moving shipments.
  13. 23. Collect on Delivery - For clients that do not have credit with DSV, payment is required to be collected prior to moving the freight for exports and prior to delivery of freight for imports
  14. 25. Federal Maritime Commission. A US Government independent agency responsible for the regulation of international sea freight. To protect the consumer from unfair or deceptive pricing practices, the FMC requires rates from VOCCs or NVOCCs to either be filed as a TLI (Tariff Line Item) or to utilize an NRA (Negotiated Rate Arrangement) for quoted rates to clients.
  15. 27. Stands for The Air Cargo Tariff. It is published by IATA with published rates (to prevent price gouging), rules for various countries and airport handling standards.
  16. 30. Roll On/ Roll Off. A method by which the cargo is wheeled on to and off of a cargo ship.
  17. 33. Foreign/ Free Trade Zone - A free trade zone is a special economic zone where goods may be stored, handled, manufactured, manipulated, or re-exported without being subject to customs duties. In the US, these are called foreign trade zones and this is where goods receive the same customs treatment as if they were outside US commerce. For FTZs not directly connected to a air, land, or seaport, moving goods from the port to an FTZ or vice versa requires the goods to be moved in bond.
  18. 34. Short for Steam Ship Line. Steamship lines are synonymous with Ocean Carriers or VOCCs.
  19. 35. Adjustment Factor (BAF) Adjustment applied by ocean carriers to offset the effect of fluctuations in the vessel's fuel price
  20. 38. Notice sent to the buyer of goods or agent at destination prior to the arrival of the freight or for verification purposes
  21. 40. Automated Broker Interface - The means whereby US import customs data can be transmitted electronically to the US ACE Portal and US Customs and duties and taxes paid electronically.
  22. 42. Foreign Principle Party in Interest. For US Export routed transactions, the FPPI is the foreign party that receives the primary benefit, monetary or otherwise, of the export transaction.
  23. 44. Employer Identification Number. US Businesses participating in foreign trade are recognized as importing and exporting parties through an EIN number. USPPIs have to have an EIN while importers or companies moving bonded freight are required to have a bond with US Customs registered with US CBP under the business' EIN number.
  24. 48. House Air Waybill - A transport document and contract of carriage between DSV and their customer. A HAWB can also function as cargo receipt, but never a document of title. A HAWB must travel under a MAWB (transport document/ contract of carriage between DSV and the airline).
  25. 50. International Air Transport Association, established in 1945, is a trade association serving airlines, passengers, shippers, travel agents, and governments. It promotes safety, standardization in forms (baggage checks, tickets, waybills), and aids in establishing international air cargo rates.
  26. 51. of lading It is the legally binding contract between the shipper, broker or agent that defines all aspects of the freight shipping arrangement including what is being shipped and to whom. The BOL can function as a contract of carriage and cargo receipt. In trucking, BOLs can show what is loaded on a truck. For ocean, in addition to functioning as a transportation document (contract of carriage) and a cargo receipt, an original BOL can function as a document of title. Waybills are more standard for air freight.
  27. 52. Automated Manifest System for US. Advanced electronic information sent to US Customs prior to arrival of goods in the US. DSV Origin offices are only responsible for sending AMS for Ocean shipments. Airlines send AMS for Air shipments.
  28. 53. Port of Loading/ Port of Lading
  29. 56. Shipper's Letter of Instruction. Document issued by the shipper to instruct and authorize the forwarder to forward and declare goods to customs on his behalf. Contains all shipment details needed to facilitate these services.
  30. 57. Short for prepaid
  31. 59. Estimated Time of Sailing (used instead of ETD)
  32. 60. General Department Store Merchandise - a classification of commodities generally shipped as mass amounts of commercial goods
  33. 61. Estimated Time of Departure
  34. 62. PGA Other Government Agencies or Partner Government Agencies. For US Customs Clearance, OGAs and PGAs may also regulate certain types of freight (FDA regulates food and drugs, FWS regulates furs, skins, and live animals) beyond the standard customs clearance regulations. Additional information and documentation may be needed to have freight be released from these OGAs or PGAs. A shipment is not fully customs cleared until it not only has clearance (1C) from US Customs but has also been fully released by all applicable OGAs/ PGAs.
  35. 63. Verified Gross Mass - A requirement of SOLAS (Safety of Life At Sea) for the weight of cargo including any dunnage and tare to be verified and provided in a shipping document
Down
  1. 2. Vessel Operating Common Carrier - An ocean carrier that operates their own vessels
  2. 3. Transportation from where the shipment originates until it is received by the main carrier at the departure point for the main carriage.
  3. 5. broker An individual or company licensed by the government to enter and clear goods through Customs. The US Customs Service defines a Customs Broker, as any person who is licensed in accordance with Part III of Title 19 of the Code of Federal Regulations to transact Customs business on behalf of others. Customs business is limited to those activities involving transactions with Customs concerning the entry and admissibility of merchandise; its classification and valuation; the payment of duties, taxes, or other charges assessed or collected by Customs upon merchandise by reason of its importation, or the refund, rebate or drawback thereof.
  4. 7. / VONU Truck Order Not Used or Vehicle Order Not Used - Synonymous with a dry run, a TONU or VONU is when a trucker attempts to pickup or deliver and is unable to. A charge is incurred for the attempt.
  5. 8. Container Freight Station - warehouse for consolidation and deconsolidation of goods for sea and air travel, generally for LCL and air.
  6. 9. Collect charges (paid by destination/ buyer)
  7. 10. Scheduled Time of Departure
  8. 12. Bunker Adjustment Factor: a fuel surcharge expressed as an amount added to the freight amount, reflecting the movement in the market place price for oil.
  9. 16. Notice of Arrival or Notice of Availability. Notice sent by a carrier to notify party or other responsible party that freight is arrived or available.
  10. 18. Actual Time of Arrival
  11. 20. Export Classification Control Number is a five character code from the US government Commerce Control List (CCL) that determines if a good needs a license from the Department of Commerce. EAR99 is an ECCN indicating that the good is subject to standard Export Administration Regulation (EAR) but not any specific ECCN export controls. EAR99 goods may require licenses from OGA (Other Government Agencies).
  12. 22. Standard Carrier Alpha Codes are given by the National Motor Freight Traffic Association as 2 to 4 letter code designations for transportation companies. DSV Air & Sea has 2 SCAC codes: DSVF and DFDS.
  13. 24. US Department of Transportation. DOT regulates trucking requirements and standards within the US.
  14. 25. Rates for freight all kinds (all types of goods not restricted to a particular commodity)
  15. 26. A proof of report number generated by the CERS system when exporting shipment details have been reported on the portal.
  16. 28. US Principle Party in Interest. For US Exports, the USPPI is the U.S. person that receives the primary benefit, monetary or otherwise, of the export transaction.
  17. 29. US Department of Agriculture is a PGA who can place holds on freight entering the US to ensure no unauthorized insects, larvae, or other species travel into the US via packaging that is not treated, or within goods.
  18. 31. Ocean Bill of Lading. This could refer to a Direct B/L or a MBL. It is a BOL coming from the ocean carrier.
  19. 32. Carriage This term refers to any inland movement after your shipment has been picked up from the main destination port or terminal.
  20. 33. Freight Remaining On Board - Specifically at US Ports, FROB requires an ISF-5 to be filed.
  21. 36. Work In Progress is recording expected sell rates that will eventually be printed on an invoice to be billed to a client or overseas agent. When a WIP is posted on an AR invoice it becomes revenue, but until posting or printing it is a WIP. When the first WIP or Accrual is recorded CW1 will lock in the Estimated and Actual departure and arrival dates that determine the JRRD. Even deleting WIPs and Accruals will not allow the dates determining the JRRD to be changed.
  22. 37. Automated Export System for US Exports. Export Customs filings are processed electronically through AES and once filed an ITN number is sent back.
  23. 39. Estimated Time of Arrival
  24. 40. Advanced Commercial Information system for Canada. Now called ACI eManifest, this system advises CBSA in advance of goods arriving to Canada.
  25. 41. This is a two-character airline identification assigned and regulated by IATA: LH = Lufthansa, AA = American Airlines, etc.
  26. 42. Full container load - exclusive use of 1 x 20' or 1 x 40' ocean container
  27. 43. Short for charges prepaid
  28. 45. Negotiated Rate Arrangement. NVOCCs can be exempt from the FMC's tariff rate publications requirements if they use an NRA. An NRA is a written and binding agreement between a licensed NVOCC and their customer to provide specific transportation services for a stated cargo quantity, from origin to destination, on or after a stated date or within a time frame. All quotes for freight entering or leaving a US Sea Port must follow standards in the quote that adhere to FMC NRA guidelines and the quote to the customer must be provided prior to receipt of cargo.
  29. 46. Actual Time of Sailing (Departure)
  30. 47. House Bill of Lading. Often used interchangeably with BOL.
  31. 49. Short for a Bill of Lading
  32. 54. Overage, Shortage, and Damaged reports. These reports are issued by CFSs and warehouses to report freight that is damaged, short (missing pieces), or over (too many pieces).
  33. 55. clearance The actions of creating an entry with customs to give details of the goods in order for duty to be paid to customs to clear the cargo for free movement and free commercial use in their country. Also used to indicate a document, required by some countries' customs officials to verify the value, quantity, and nature of the shipment, describing the shipment of goods and showing information such as the consignor, consignee and value of the shipment.
  34. 57. Proof of Delivery - a cargo receipt with the signature of recipient. Can also stand for Port of Discharge
  35. 58. Electronic Export Information provided by an SLI or EEI document that can then be reported through AES. EEI and SLI are used interchangeably.