Terms used
Siam Consulting informs you of certain terms used in the international transport sector. This glossary terms are generally used when you export items, both administratively and in terms of port and shipping techniques.
Glossary terms
Glossary terms or jargon used in the transportation sector
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.
AQL: The term AQL designates in the event that you plan to carry out a product inspection, it indicates the rate of the number of parts checked and its classification (number of parts, defect, etc.)
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
