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35 Acronyms You May Have Seen On Your Shipping Documents (but didn’t know what they mean)
1. AWB – Airway bill – is a receipt issued by an international airline for goods and an evidence of the contract of carriage, but it is not a document of title to the goods.
2. B/L or BOL – Bill of Lading – is a legal document between the shipper and carrier detailing the type, quantity and destination of the goods being carried. It also serves as a receipt of shipment when the goods are delivered at the destination.
3. CBP – Customs and Border Protection (U.S.)
4. CES – Container Exam Station
5. CFS – Container Freight Station
6. CIF – Cost, Insurance & Freight – one of the Incoterms (named port of destination).
7. COD – Cash on Delivery – payment is required upon receipt of invoice. Delivery is scheduled after payment is received.
8. CPT – Carriage Paid To – one of the Incoterms (named place of destination).
9. CY – Container Yard
10. DAP – Delivered At Place – one of the Incoterms (named place of destination).
11. DDP – Delivered Duty Paid – one of the Incoterms (named place of destination).
12. DO – Delivery Order – is a document from a consignee/an owner/his agent of freight carrier which orders the release of the transportation of cargo to another party.
13. ELD – Electronic Log Device for truckers
14. ETA – Estimated Time of Arrival
15. ETD – Estimated time of Delivery
16. ETS – Estimated Time of Shipping
17. EXW – Ex Works – one of the Incoterms (named place of delivery).
18. FCA – Free Carrier – one of the Incoterms (named place of delivery).
19. FCL – Full Container Load
20. FOB – Free on Board – one of the Incoterms (named port of shipment).
21. FTL – Full Truck Load
22. FTZ – Free Trade Zone
23. HAWB – House Airway bill – a bill of lading issued for consolidated air freight shipments.
24. IATA – International Air Transport Association
25. IMO – International Maritime Organization
26. ISF – The Importer Security Filing – U.S. Customs and Border Protection regulation that requires importers and vessel operating carriers to provide advance shipment information.
27. LCL – Less than Container Load
28. Lo-Lo – Lift-on/lift-off – an on-board crane is used to load/unload the cargo from/to the vessel.
29. LTL – Less than Truck Load
30. MAWB – Master Airway bill – the contract of carriage between the forwarder and carrier.
31. NVOCC – Non Vessel-Operating Common Carrier – a company that does not own any vessels, but provides ocean shipping services.
32. OBL – Original Bill of Lading – a physical paper document that confirms that the merchandise sent from an exporter to an importer has been shipped with the carriage X.
33. POD – Proof of Delivery – receipt signed by a consignee or recipient, confirming delivery of a shipment in good order and condition.
34. Ro-Ro – Roll-on/roll-off – cargo is driven on/off a vessel using built-in ramps.
35. USPPI – U.S. Principal Party in Interest – the person in the United States that receives the primary benefits, monetary or otherwise, of the export transaction; generally that person is the U.S. seller, manufacturer, order party or foreign entity.
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