April 17, 2024
AGI News
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Welcome to our article containing all of the need to know International shipping acronyms! From 3PL through to VAT, and everything in between, please read on to discover all of the essential acronyms every logistics professional needs to know!
International Shipping Acronyms
3PL – 3rd Party Logistics
4PL – 4th Party Logistics
ATA – Actual Time of Arrival
AWB – Air Waybill
AOR – Assignment of Rights
BIFA – British International Freight Association
BIMCO – Baltic and International Maritime Council
BL or B/L – Bill of Lading
BN – Booking Note
C/I – Certificate of Insurance
CBM – Cubic Meter
CFR – Cost and Freight
CFSP – Customs Freight Simplified Procedures
CIF – Cost Insurance and Freight
CIP – Carriage & Insurance Paid To
COGSA – Carriage of Goods by Sea Act
CPT – Carriage Paid To
CY – Container Yard
D2D – Door to Door
DAP – Delivery at Place
DAT – Delivered at Terminal
DDP – Delivered Duty Paid
DDU – Delivered Duty Unpaid
DPU – Delivered at Place Unloaded
EDD – Estimated Date of Departure
EORI – Economic Operator Registration and Identification
ETA – Estimated Time of Arrival
ETD – Estimated Time of Departure
EXW – Ex Works
FAK – Freight All Kinds
FAS – Free Alongside Ship
FCA – Free Carrier
FCL – Full Container Load
FEU – Forty Foot Equivalent Unit
FIATA – International Federation of Freight Forwarders Associations
FOB – Free On Board
FOQ – Free on Quay
FOR – Free on Rail
FOS – Free on Ship
FOT – Free on Truck
FTL – Full Truck Load
FTZ – Free Trade Zone
GA – General Average
H&M – Hull and Machinery
H/H – Half Height Container
HAWB – House Air Waybill
IATA – International Air Transport Association
ICC – Institute Cargo Clauses
ICS – International Chamber of Shipping
IMO – International Maritime Organization
ISO – International Organization for Standardization
ISPS – International Ship and Port Facility Security
UTF – International Transport Workers Federation
ILO – International Labour Organization
ISM – International Safety Management
JIT – Just-In-Time Delivery
LCL – Less than Container Loads
LOA – Letter of Authority
LOI – Letter of Indemnity
LOLO – Lift On, Lift Off
LTL – Less than Truck Load
MARPOL – International Convention for the Prevention of Pollution from Ships
MTO – Multimodal Transport Operator
MOA – Memorandum of Agreement
NVOCC – Non Vessel Operating Common Carrier
OOG – Out Of Gauge
P2P – Port to Port
P&I – Protection & Indemnity
POD – Proof of Delivery
RORO – Roll On, Roll Off
SOLAS – Safety of Life at Sea
SWB – Sea Waybill
TACT – The Air Cargo Traffic
TEU – Twenty Foot Equivalent Unit
THC – Terminal Handling Charge
UCP – Uniform Customs and Practice for Documentary Credits
UNCLOS – United Nations Convention on the Law of the Sea
VAT – Value Added Tax
VGM – Verified Gross Mass
VOCC – Vessel Operating Common Carrier
W/M – Weight or Measurement
So how can we help you?
The shipping of goods all around the world can be a complicated process, and that’s where we come in! Here at AGI, we specialise in the safe transport of cargo, providing you with professional air freight, road freight and sea freight solutions. To find out more about our logistics services, and how we can help your business, please get in touch. And for all of the latest AGI news, don’t forget to follow us on LinkedIn and Facebook!