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Asset-based: A transportation company that owns its own equipment, usually trucks or containers. acceptance; accepted ACEP approved continuous In the world of ocean and air freight, there are a lot of industry terms and jargon that relate to compliance or are essential to ensuring a smooth shipment. 0000007834 00000 n In logistics terms, COG refers to the optimal geographic location, usually of a Distribution Centre (see DC), where the inbound and outbound transport time, distance and/or costs are minimised. 0-9: 3PL: 3rd Party Logistics : 4PL : 4th Party Logistics: 4SC: 4-High Straddle Carrier ABB: See Activity Based Budgeting ABC: See Activity Based Costing ABC Classification: Classification of a group of items in decreasing order of annual dollar volume or other criteria. 0000009330 00000 n A COG analysis will usually consider both the inbound (supplier) … A document identifying the seller and buyer of goods or services, identifying numbers such as invoice number, date, shipping date, mode of transport, delivery and payment terms, and a complete listing and description of the goods or services being sold including prices, discounts and quantities. Logistics Terminology. ��a�ݨ��0��J`D�PT��K[͉����gs��� English for Logistics: Essential Vocabulary to Get the Job Done Right. WMS is the abbreviation for Warehouse Management System. There are thousands of terms and acronyms in the supply chain dictionary, and that’s before delving into industry-related jargon. endstream endobj 5 0 obj<>stream �7��&��!�r�Dy���� դpr��e�pծ�fBEާ�>�U�H��r�=WK�wux�)@'s~Bn��- H}O0,+%2�&|��PT���a۔���� ���s8D��#�a�d� ����S2Vs�R�x%�i7E?�z�`�r�"|@l@�?�%�������A<>�[�M3�!J����&���E��_�1ʐX�QC�@�� Understanding the shipping terms helps you request the right service for your needs. ЌJ8�Ͻ�D8� �N2.ը�D���b���6��9��! 1 © Magellan Logistics 2015 - www.magellanlogistics.com.au GLOSSARY OF TERMS AND ABBREVIATIONS �c��楎��fn�!E�-9�R��������T27Ep��J7%tfU�ٿ�u�0�|���L3�!s0�ÃB���X�:��������a�_N�EZU2p�]. Brokers often have offices at major freight gateways, including border crossings, seaports, and airports.9 Bunker Adjustment Factor (BAF) – is a freight charge adjustment that takes into account the fluctuation of the bunker (fuel) prices during the contract period. 0000013798 00000 n The logistics industry moves fast whether you are a 3pl company, trucking company or a client. )LSFdQ�s��Y;Y�8���Z%h�\6�/œ?�Vu^�B���g�+ �����'�-% 0000000736 00000 n The information contained in this listing was gathered from global supply chain leaders. 0000006727 00000 n Like in most professions, The Logistics & Supply Chain Industry has become so technically sophisticated that a whole new language of terms, jargon, abbreviations and management buzzwords have developed alongside legal words and definitions. 0000007224 00000 n 0000015077 00000 n &�? ERTMS. ��А5X!���Z1�f��ƑJ>�0͆Ի�f�Z�"�. ERTMS is theabbreviation for European Rail Traffic Management System. TERMS & ABBREVIATIONS Ad Valorem (“at value”) – an ad valorem freight rate is one where the freight is based on the value of the goods. Terms & Abbreviations ACBPS Australian Customs and Border Protection Service manages the security and integrity of Australia's borders. Railroads must seek ICC permission to abandon routes. Abbreviations in Logistics AWB Air Waybill is an international air freight shipping document. List if key warehouse management terms and definitions. ... CWT: The abbreviation for hundredweight, which is the equivalent of 100 pounds. Logistics Abbreviations Page #3 Browse 647 acronyms and abbreviations related to the Logistics terminology and jargon. 0000001112 00000 n AMS Automated Manifest System. 760 0 obj <> endobj xref 760 22 0000000016 00000 n Whether you are a freight shipping pro or new to the process, you need to know these terms. 0000001468 00000 n A 3PL provider may take over all receiving, storage, value added, shipping, h�bb�e`b``Ń3� ���ţ�1�x4>F�cS7> /�� endstream endobj 761 0 obj <>/Metadata 57 0 R/Pages 53 0 R/StructTreeRoot 59 0 R/Type/Catalog/ViewerPreferences<>>> endobj 762 0 obj <>/Font<>/ProcSet[/PDF/Text]/Properties<>>>/Rotate 0/StructParents 2/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 763 0 obj <> endobj 764 0 obj <>stream Font size: ASFL: Applied Space Faring and Logistics: Rate it: ATL: Aerospace Transportation And Logistics: Rate it: ATTS: All Types Transportation Sevices: Rate it: ATUTC: @)'��K��FP��*������+ڦ =^k�W� $-�Y��QRNTpr!g�M�- �;�D܍���;�ᶱ)w��*�=��܄�EM�K��îv���rsr��[刵�OΫg�/s��/s�4w�aNA��˳�p��`�d�sE9�~SIR����N�Fqc�W��%`��BYۀ����zRg��R���m�17��6#g�l�e\Ѻ�pAp�˺`�����J6!6����RGU�������,���H��N�XѼq�gq��%cI�;\�\b!wY�Ʊᄨ#�AbE��t�e݌�T5���)s� � ='DKi��:�h��5��A}[T��|��GNË2����d�����_"*U��v��Fp����.�9�yM/���[�,5(I�i�"ռPj.|������'02w��,A7���Z��%� O��?�Ԍ� xRa��^�Ys�rJ�� ���s����ݮ����c�~q����*ᠷ9�*k/��^���N�'�a�/G궚�^��e�2w���0���j�H&���1��f0� �cH���8fNZ����A�Z��9XN#��Jڏ�@j�9���힟ĩ�Q�ݜ���nJ�$����'����N �X�z5p„ڢ��h�uoy�b���������h�TUx������v��P�䙽'�WI��e�I$��U��\Ê��7g�o��H3��:��~�*ap̹���f�m�Zi�9�H׍��r�a��,���GDZ���wč�I���W���ʷU/�j/�3"AG�}��Kz�\�>̵�>Ιh�ڇk��6/6b^ux� =��N�u\�^�n�I���F8VEa �J ��u������%G\S�ާ!��(���q�a`��O�.g_F�eԀ�[�hZ-a�q8ힳ^��3�e��7c�fBސʼ��_�]�� 0000006038 00000 n WMS. � p�����x9�XAp�8�� 5�)r�,=P������D`z���)Dp��;�97�c ٞH?��P&��Ȯ,4B��p���C%-��U8�ϡ2�v��"iN-�E��Y�C,i���f����f�\=��� ����8lϏ��\H��;=�?GV,�!$�E ���.�,W���?g&�>U38I�W`�w��W�� Q'�u��7���,��]������`��q����K )�`4?PP���? Below is a list of commonly used terms and abbreviations used in logistics. Understanding freight shipping terms and definitions. Logistics Abbreviations Browse 647 acronyms and abbreviations related to the Logistics terminology and jargon. The Glossary of Terms provides you with a comprehensive listing of current logistics and supply chain management terms along with their descriptions. S� ���X\�θ�d�D��zc"8O �ˌ��&�� H�����M�k���,�$����/�,�HH�$Q��VƢ?� WWW. 6 Broker – person whose business it is to prepare shipping and customs documents for international shipments. Part 1 - Terms and Abbreviations - 3 - 2H second half 3PL third party logistics provider 4PL fourth party logistics provider A AA always afloat AAAA always accessible always afloat a.a.r. 0000006529 00000 n of~�U�Z1�����7"2.8. ... 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. 0000006643 00000 n i PREFACE 1. X/Φ�`�zlr"1*��.7N]��,�+!.tL���%�uSAT΃h��&89��B (+žd�(�c�H���b��@�Ǜ=D�:�����~��)2��L;�\x�EF_�r��7.�ʕ��)gӗK�޿�.6�33u-�Q�2r��šCs����U�pk���\��3�a����6^. An application that expedites the clearance of … x��]K�ܶ�ﯘ[�*C��+9�)G9$���U���H�U��eI��_o�S_Oh�����U�l �x�+W��ß�_���zw�������UY�C�{8����ݮ/���/ÿ? GLOSSARY OF TERMS P a g e | 1 GLOSSARY OF TERMS - LOGISTICS Term Description B2 C/B relevancy 1PL Shipper or the consignee 2PL Actual freight carriers 3PL Third party logistics - most commonly understood to mean a contract warehousing and distribution company. }���z|m����v�7�[�З�0�����+�~ו��ׯ�����^�E�4�r�������m��?�GuQ��u���G݁��Ϗ>��컮�_|z|�ru��v�G�~��o����0����?8Wԥk�߾�?�>=�_��8�qe��W��/�C������7�������mO�?��z=-NU8n�����=���p䴲hK�{��΃�(lv�v���3�mGjډ��t��뚶�>N~o���i�ӷ����ڢ �DH���F�2��v XI�$J6 �U AWB number used to identify the shipment. ��u?�V�=�?�/�ῢ �(|q)�F����%0:�8`�`m /=�$«x�`����:����轂Rl�Y�̊~�]3�o��W�`}� ��A����~�� endstream endobj 6 0 obj<> endobj 7 0 obj<>>> endobj 8 0 obj<>stream �jk�U��_�� ����U�t|�]��% �B�g�~�@'���z��Ǻ� Familiarize yourself before you book your next freight transportation. 7��C���N x�&&�H��HW]���ӀH/���inU%��\B�+ ���/�_��.i�`k�Bs ��pN҄�� ��9 �.����/ ��t7GG�x,���>Rx�\Ti(դ���|�/���F�d(�����+\p�'g8[`�b���� 4Cl� ̬/�����x�O��OV������C��?�Xct ���Q��9��[4�l#S An ad valorem bill of lading is one where the value of the goods is shown on the face of the document, which value then becomes the carrier’s limit of liability, in 1 0 obj<> endobj 2 0 obj<> endobj 3 0 obj<> endobj 4 0 obj<>stream eXtensible Markup Language. As in any industry, the logistics and supply chain sector is laden with industry-related terms that can be confusing to outsiders. Common shipping and freight abbreviations We deal with a lot of abbreviations on a daily basis, but not all of us know what it is and what it means.. Request Info. LOGISTICS TERMS and GLOSSARY A Abandonment: The decision of a carrier to give up or to discontinue service over a route. Here is a list of Logistics and … A document that establishes the terms of a contract between a shipper and a transportation company under which freight is to be moved between specified points for a specified charge. Logistics Glossary of Terms A Accessorial Charges-- A carrier's charge for services such as loading, unloading, pickup and delivery. Recently added. 0000005341 00000 n 0000004650 00000 n XML. x�c`� %PDF-1.4 %���� As an international freight forwarder, we’ve compiled a quick reference of 11 essential global logistics terms and definitions.. (800) 933-2839 marketing@datexcorp.com T/�O�ΈT=d�ur�8��pPWB��x0� *��CQ�|�"多٣�%�6=��@C&��!���@�g\���Ay��� �r��OBY��ˋ �)\HI��8��}_��ג98� T. ��)fN��-g�4 Vp���!��B��%\ÀB����sX՜%l�Xs��z� W>�֙���]3YU@�p�n 9��Ŝ� ���1��R{C5ƍe.��a��9��{��ʙ_�ɝݲ)\���ySq<8\�[ �24s;.ɇ��'�mģ X�����R�hs�f��C��`>�p� It covers transport of cargo from airport to airport. Knowing key logistics terms will help you communicate with those in the industry. 0000001991 00000 n Font size: 3PL: Third Party Logistics: Rate it: ACHL: Air Cargo Handling Logistics: Rate it: ACLI: All Cargo Logistics International: Rate it: ACVL: All Counties Vehicle Logistics: Usually prepared by the shipper on forms issued by the carrier, it serves as a document of title, a contract of carriage, and a receipt for goods Carefully studying a vocabulary list like this will give you a thorough grounding in the basics, from where you can further build your knowledge base. Inbound Logistics' glossary of transportation, logistics, supply chain, and international trade terms can help you navigate through confusion and get to the meaning behind industry jargon. Rqh���;�~���}���=�! The American Shipping & Logistics Group Three Bethesda Metro Center, Suite 700 Bethesda, MD 20814 Phone: (301) 841–1855 Fax: (301) 941–1856 Mobile: (202) 294–6477 Email: EEbeling@amslgroup.com U.S. – FLAG CARRIERS We used our extensive logistics knowledge and experience to create a straightforward guide to freight shipping and logistics terminology. against all risks AARA Amsterdam-Antwerp-Rotterdam area ABT about AC account current A/C for account of acc. trailer <<543D883AAFE9481998A0616772CD5599>]/Prev 108381/XRefStm 1112>> startxref 0 %%EOF 781 0 obj <>stream endstream endobj 9 0 obj 4045 endobj 10 0 obj<>stream �3�*��� ex ��J�q�[�I*�6/�6'8�Zr��Hq��uv�E[��N.���r�ã�!%O� %PDF-1.5 %���� 0000008541 00000 n This is by no means complete, but so far it just covers the terms that we use on a daily basis in terms of ��)J?t���y��=����QS��nP]���NK?��j\-ߟv�I0X�#�p�PY6�����+�k���H`n�(��~�s����o�~� !�Ɣ�y������(�� �iIG�������D�����e��B�ď�R_�����~d�p7�8�� ��%q�b(0i@��x��� �L成�W��f��ŏ� 0000001309 00000 n 0000004021 00000 n A comprehensive glossary covering the warehouse, fulfillment and distribution industries. 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