FTL is usually a bit faster than LTL shipping as the FTL route is direct from the point of origin to the destination. LTL shipping often takes a bit longer than FTL as the route involves working through a hub and spoke network. Intermodal transportation is frequently used for longer hauls.
The total cost of a shipment to the port of destination. Can include cost of goods, transportation, insurance and all taxes: LCL; Less-Than-Containerload: Shipping industry term which refers to a shipment which will not require an entire container. Linehaul Movement of freight between cities usually more than 1,000 miles apart. Lo-lo
Guide to Shipping and Logistics Terminology If you’re new to the transportation world, or are simply overwhelmed by all of the various terms used in the shipping process, we have just the thing for you. Transportation can include shipping by land, air, or sea, or other resources. Usually it handles all the services connected with an export shipment, including full preparation of documents arranging for shipping, warehousing, delivery and export clearance. Full Container Load (FCL) We’ll start with a list of the most common logistics industry terms. Then you’ll find sections for important logistics terms in transportation, 3PL and warehousing, and trade. General Logistics Terms Anti-competitive activity. Anti-competitive behavior is an important concept in logistics for many reasons.
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This paper. A short summary of this paper. 27 Full PDFs related to Se hela listan på shippingandfreightresource.com Without further ado, let’s start decoding the logistics & transportation terminology: Commonly Used Logistics & Transportation Terms. Accessorial Charge.
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Keywords: Regional logistics, Intermodal transport, Collaboration, Freight concerning the transportation systems in terms of increased cost-efficiency, quality.
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Shipment. 1) Lot of freight tendered to carrier by consignee at one place at one time for delivery to one consignee at one place on one bill of lading. 2) Goods/merchandise in one or more containers, pieces, or parcels for transportation from one shipper to single destination.
In a world where fast shipping is not just a luxury, but an expectation, choosing the right type of logistics transportation for your company is crucial for the success of your business, the safety of your product and the happiness of your customers. 5 GLOSSARY Finished Vehicle Logistics Terminology Alternative fuels – known as non-conventional or advanced fuels, are any materials or substances that can be used as fuels, other than conventional fuels. May 13, 2013 February 22, 2012 by Hariesh Manaadiar Categories Shipping and Freight Tags Business, cargo, container, Containerization, Flat Rack, gross tonnage, Maritime, OOG, Open Top, out of gauge, Ship Owners and Management, shipping, shipping education, shipping information, shipping knowledge, Transportation and Logistics 14 Comments Estimated reading time = 2 minutes An air waybill is a shipping document airlines use. Similar to a bill of lading, the air waybill is a contract between the shipper and airline that states the terms and conditions of transportation. The air waybill also contains shipping instructions, product descriptions, and transportation charges.
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TC (Tank Container) – Shipping container type intended for gas and liquid cargo. TEU (Twenty Foot Equivalent Unit) – Measuring unit equivalent to the volume of 1 x 20ft shipping container, 1 40ft-container = 2TEU. THC (Terminal Handling Charges) – The cost of handling at port Common Terminology Logistics and Transportation LOGISTICS/TRANSPORTATION B/L (Bill of Lading) A contract of carriage, used by ocean, inland waterway, rail and truck common carriers and typically contract carriers. The term literally means “document (bill) of loading (lading—that which constitutes a load of freight).” A bill of lading Bulk Freight – refers to a shipment that is not packaged while being transported in large quantities.
Similar to a bill of lading, the air waybill is a contract between the shipper and airline that states the terms and conditions of transportation.
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Full truckload shipping is often faster than shipping LTL, or less than truckload since the freight is only going to a single destination. 12. Intermodal transportation. Refers to when two or more methods of transportation are used to carry the freight from the pick-up point to where it will eventually be delivered.
Air Waybill (Airbill) – A shipping document that is a non-negotiable Bill of Lading. This serves as 1) receipt of goods by an airline (carrier) and 2) as a contract of carriage between the shipper and carrier. Guide to Shipping and Logistics Terminology If you’re new to the transportation world, or are simply overwhelmed by all of the various terms used in the shipping process, we have just the thing for you. Transportation can include shipping by land, air, or sea, or other resources. Usually it handles all the services connected with an export shipment, including full preparation of documents arranging for shipping, warehousing, delivery and export clearance.