common shipping terms
Freight Forwarding Glossary for Shipping Industry Terms
Welcome to the world of shipping and logistics, where a myriad of terminologies and jargon form the backbone of the industry. Navigating through the complex web of freight cargo-related terms can often be overwhelming for newcomers and experienced professionals alike.
In this comprehensive Freight Cargo Glossary, we embark on a journey to demystify the intricacies of the shipping industry. Whether you are a budding entrepreneur, a logistics enthusiast, or an established player in the field, this glossary serves as your ultimate guide, offering a clear and concise explanation of the essential terms that define the global freight cargo landscape.
From understanding the nuances of containerization and different types of cargo vessels to deciphering the legalities of international trade agreements, this glossary delves deep into the terminology used across various facets of the shipping industry. We explore concepts like freight rates, customs clearance, warehousing, and supply chain management, shedding light on the terminology that shapes the movement of goods across borders and oceans.
Our goal is to empower you with knowledge, providing you with the necessary tools to make informed decisions in the world of freight cargo. Whether you are involved in sea freight, air freight, road transport, or a combination of these, having a solid grasp of the terminology is indispensable. With this glossary, we aim to simplify the learning curve, ensuring that you can confidently engage in discussions, negotiations, and transactions within the shipping industry.
So, whether you are a shipper, a carrier, a freight forwarder, or simply someone intrigued by the mechanics of global trade, dive into this Freight Cargo Glossary to unravel the language of shipping. Equip yourself with the vocabulary that powers the movement of goods around the world, and embark on a voyage of knowledge through the intricate terminology of the shipping industry.
A bill of lading is a binding contract that serves three main purposes: a receipt for the cargo delivered to the transportation provider for shipment; a definition or description of the goods; and evidence of title to the relative cargo goods, if “negotiable”. See our page Documents to Download and download an easy to edit Bill of Lading and save as in PDF.
Any goods that are to be shipped.
The party which receives the cargo goods in a freight shipment. Sometimes referred to as the receiver.
The penalty fee for delaying the carrier’s equipment beyond the allotted time. Typical allotted time is 2 hours for loading and 2 hours for unloading a full truckload.
Any product being transported.
A liftgate is a mechanical device attached to the back of a truck so that a heavy object can be lifted to or from the ground. PTG Transport, in the context of logistics and transportation, often refers to a service that specializes in providing Power Tailgate (PTG) solutions.
A Power Tailgate, also known as a lift gate, is a hydraulic or electric platform mounted at the rear of a truck or a van. PTG Transport, therefore, signifies a transportation service equipped with vehicles featuring this specialized hydraulic lifting mechanism. PTG Delivery, in this context, pertains to the process of unloading or loading goods using these power lift gates.
This technology is particularly useful when handling heavy or bulky items that cannot be easily lifted manually. PTG Transport and Delivery services are crucial in ensuring the safe and efficient handling of goods, especially in scenarios where there are no loading docks or for deliveries to locations without heavy lifting equipment.
These services streamline the logistics process, making it more accessible and secure for various types of cargo.
An acronym standing for, “Truck Ordered, Not used.” This fee is a cancellation charge for ordering a truck and then canceling the order.
Unlike a standard flatbed trailer, this kind of trailer can carry taller cargo that would normally violate height restrictions on another trailer.
Thanks to the lowboy trailer, abnormally high cargo can still be transported without having to find special routes.
Freight Cargo Glossary for Shipping Industry Terms
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