Freight & Shipping Terms
The freight forwarding and logistics industries are full of obscure and interesting terms. Many originate from shipping, or from the legislation that governs different aspects of the process.
This page provides a glossary of the most common shipping terms and freight forwarding terms. The acronyms are given in brackets in the title of the term, followed by the explanation of the meaning and its use.
Many of these terms are marked as Incoterms: these are a set of definitions of the most commonly used trade terms in foreign trade, used all over the world and issued by the International Chamber of Commerce.
Click here to go to the Incoterm definitions page on this portal.
Alternatively, take a look at the definitions at their source by visiting https://www.iccwbo.org/incoterms/id3040/index.html
Click on the bars below to view the glossary terms.