ADR – European Agreement for the transport of dangerous goods by road.
AVERAGE BOND – (General Average) – Payment Guarantee given by the percentage of cargo owners that comes into being fixed by the Adviser Adjuster.
AVERAGE ADJUSTER – Independent Expert appointed to determine the percentage of the responsibilities allocated to each part.
AIR waybill – Load Note prepared by the shipper or his representative, which describes the goods and highlighted the terms of contract between consignor and Air Operator.
Bill of lading – Goods Receipt and Title Transport Agreement.
BAF – Bunker Adjustment Factor (FUEL Adjustment Factor).
BREAK BULK CARGO – Cargo loaded in bulk.
CAD – Cash Against Documents.
CAF – Currency Adjustment Factor (Currency Adjustment Factor).
CARRIER – Operator that provides shipping services, road, rail or air.
OPEN TOP container – container with removable cover that allows the loading from the top.
REEFER container – controllable temperature container and adjustable to the type of goods to be transported.
CASS – Collection System and freight expenses IATA.
CFS – Container Freight Station.
CLEAN ON BOARD – load placed on board without faults or defects either in load or on the packaging.
CONSIGNEE – Cargo Consignee.
COD – Cash on Delivery (Also applies the same acronym for “Country of Destination”).
COS – Cash On Shipment.
CUSTOMS BROKER / CUSTOMS AGENT clearance – Broker.
CY – Container Yard.
DC – Distribution Centre.
DGR – Rules for the Transport of Dangerous Goods by Air (IATA).
DME – Declaration of goods available for export.
DUMPING – Export of a commodity for a country at a price below the actual cost of production.
ETD – Estimated date of departure from port of origin.
ETA – Estimated date of arrival at the destination port.
FREIGHT COLLECT – Shipping paid at destination.
FREIGHT PREPAID – Shipping paid at source.
FCL – Full Container.
FREIGHT FORWARDER – Forwarding.
GENERAL AVERAGE DEPOSIT / garantee – Amount paid or guaranteed by the consignee to receive the load of the owner, or his representative if he has been declared general average.
HOUSE AIR waybill – receiving and shipping document issued by Consolidator (Freight) of cargo transportation by air.
HOUSE bill of lading – shipment certificate issued by Forwarder or Agent Consolidator.
IMO – International Maritime Organisation.
IMDG – International Maritime Dangerous Goods Code.
L / C – Letter of Credit – Revocable – (Letter of Credit) – Irrevocable – Confirmed / Not Confirmed.
LCL – Name used to define part of consolidated cargo in a container.
MULTIMODAL – Shuttle run with resorting to the use of more than one half (Examples: SEA / AIR, Sea / Road; etc.).
NOTIFY PARTY – Individual, Company, Bank, Agent must be notified of the cargo arrival.
OUT OF GAUGE – Cargo whose dimensions exceed those of a container.
SHIPPER – Individual, Company or agent who delivers the payload.
TEU – equivalent to Title 20 container ‘(Example: 2 YOUR = 1 container 40’ (FEU)).
THC – Terminal Handling Charge.
TT – Telegraphic Transfer.