Glossary

Explore a comprehensive list of logistics and freight forwarding terms to help you navigate the industry.

Terminal handling charges, almost always shortened to THC, are the fees a terminal operator levies on every container...

In March 2026, a US importer of Chinese consumer electronics quoted a customer a delivered price based on a $50,000 FOB...

The Automated Commercial Environment, better known as ACE, is the single window every US importer, broker, and freight...

Freight forwarders have always lived in the gap between the carrier and the consignee. The shipment ends when the...

In February 2026, a mid sized electronics importer in Long Beach received a customs invoice that was $84,000 higher...

A consumer electronics importer placed a single purchase order with their Shenzhen supplier for 1,800 units of a new...

Most logistics conversations stop at 3PL. The shipper hands inventory to a third party, the third party warehouses it...

CBP Form 7507, officially titled General Declaration (Outward / Inward) Agriculture, Customs, Immigration and Public...

The Merchandise Processing Fee is one of the few CBP charges that a US importer can meaningfully lower without...

If you read any shipping market report, freight rate newsletter, or carrier earnings call, you will see the SCFI...

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