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Knowledge  is Power

Power provides information; information leads to Education, Education breeds Wisdom; Wisdom is Liberation.

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Important Tips for LCL shipments:

LCL (Less-than-container Load) is a shipping term used to describe container loads which are filled by multiple orders or goods. When shipping a small volume of stock by container ship, it's more economical to combine your delivery with other orders.

 

Important Tips for FCL shipments:

FCL (Full Container Load) Multiply the cubic foot total by the number of items of that size to go inside the container. Check the final cubic feet total of all cargo items against the cubic foot capacity of the container (see Resources). Calculate the overall weight of the payload by multiplying the weight of each item to be loaded. 

Difference between FCL/LCL

 

FCL refers to shipments for which all goods in a container are owned by one party, while LCL involves multiple shippers' goods packed together.
 

Sea Container Specifications
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RULES FOR ANY MODE OR MODES OF TRANSPORT

  • EXW | Ex Works

  • FCA | Free Carrier

  • CPT | Carriage Paid To

  • CIP | Carriage and Insurance Paid To

  • DAP | Delivered at Place

  • DPU | Delivered at Place Unloaded

  • DDP | Delivered Duty Paid

 

RULES FOR SEA AND INLAND WATERWAY TRANSPORT

  • FAS | Free Alongside Ship

  • FOB | Free On Board

  • CFR | Cost and Freight

  • CIF | Cost Insurance and Freight

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Shipping Terminology

Bill of Lading:                   A transportation document that acts as a contract between a shipper and receiver and includes details specific to the shipment.

Blanket Rate:                   Lower, contracted rates you can obtain from LTL carriers if you have enough shipping volume.

Bulk cargo:                       A cargo commodity that is transported unpackaged in large quantities. For example, coal and gravel.

Capacity:                          The availability of carriers and equipment to haul freight Cargo: Goods or product being shipped.

Carrier:                             A person or business that transports goods, usually used interchangeably with “trucking company.”

Certificate of

Insurance:                       A document noting that insurance has been secured to cover loss or damage to a shipment while in transit.

Commodity:                    The type of goods you are shipping. Consignee:  The receiver of a shipment.

Container:                       A box or trailer used for shipping goods.

Deadhead:                      A truck traveling without freight in order to pick up its next load.

Declared value:              The value of freight in a shipment as noted by the shipper on a bill of lading.

Detention:                       Additional shipping costs charged by a carrier if they must wait beyond the specified loading and unloading times.

Door to door:                  A shipment arranged by a single transportation provider that travels directly from the shipper to the consignee.

Door to port:                  A shipment arranged by a single transportation provider that travels directly from the shipper to a port.

Drayage:                          The transport of ocean or rail containers to and from ports or rail yards.

Enroute:                          When a shipment is in the middle of its transport.

Expedited shipping:     A form of transportation that involves shipments being moved at a faster rate than usual.

Freight:                           Goods being transported from one place to another.

Freight forwarder:       A company that specializes in the arranging and storage of foreign shipments.

Freight quote:               Estimated pricing from a carrier or 3PL for the arrangement and shipping of specific freight on a special lane.

Goods:                            Another term for freight or product.

Intermodal:                   A shipping mode that involves multiple modes of transportation.

International

shipping:                       Transportation of goods into or out of foreign countries.

Lane:                               The commercial route between the origin and the destination of your shipment.

Layover:                         Extra charges from a carrier for the extra time (a day or more) spent waiting to load or unload at a shipper or receiver.

Logistics:                        The coordination of activities and transportation needed to bring goods to market.

Mileage:                         The distance a carrier travels for a shipment, which is a determining factor in shipping costs.

Mode:                              A term used to distinguish different methods of transportation. For example, truckload, LTL, and intermodal.

Owner/Operator:        A truck driver that both owns a truck as well as operates it.

P and D:                         Pickup and delivery.

Pallet:                             A at platform, typically made out of wood or plastic, that a shipment is placed upon (and usually shrink-wrapped to). 

                                         This makes your shipment easier to li , transport, and stack.

Picking:                          The process of pulling products from storage to complete an order or shipment.

Port:                                A harbor where cargo ships anchor to load and unload.

Proof of Delivery:         An official document supplied to the consignee by the carrier that outlines the person who signed for the shipment 

                                         and the time and date of delivery.

Reefer:                             A refrigerated or temperature-controlled container.

Route:                              A shipping lane from pickup to delivery.

Shipper:                          The party in a shipment that sends goods.

Spot market:                  A quick, one-time quote provided by a carrier for particular lane

Third Party Logistics

Provider (3PL):              A company that provides out sourced logistics services, including freight shipping arrangement and warehousing.

Tracing:                          The process of tracking a carrier or shipment while it’s in transit.

Trailer:                            The container attached to a truck that hauls goods.

Transit time:                 The time it takes to transport a shipment from pickup to delivery.

Warehousing:               The process of using a facility to store products.

White glove:                  A specialty freight service for high-value freight to ensure extra protection and care during transit.

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