Siam Consulting informs you of certain terms used in the international transport sector. These terms are generally used when you export items, both administratively and in terms of port and shipping techniques.
- BAE: “good to remove”. The BAE is a customs document for the provision of its goods.
- BAF: Bunker Adjustment Factor: fuel price surcharge.
- CAD: Cash against Document: Payment against document
- CAF: Currency Adjustment Factor: Currency Adjustment Factor
- CIF: (Cost Insurance Freight): Cost of freight insurance
- COD: Cash on delivery: Cash payment
- Bill of Lading: Transport document. Title showing the maritime transport contract and the receipt of the goods by the transporter.
- CTR: Refrigerant or refrigeration container.
- ISPS: additional costs (for risk assessment, implementation of associated measures and ISPS certification).
- LCL: Less than a Container Load groupage.
- LCL / FCL: Container loaded with several lots from different suppliers but intended for a single recipient.
- LCL / LCL: Container loaded with several batches of different suppliers for different recipients.
- Air waybill (LTA) or Airway Bill (AWB): Air transport contract.
- Handling / doc: Handling document
- Import declaration: Import document
- Terminal Handling Charges: Handling charge
- Customs and Port Taxes: Customs taxes
- Packing List: Listing loading