Glossary

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

Cargo insurance is the policy that pays for physical loss of, or damage to, goods while they are in transit. It sits in...

A furniture importer in Chicago ordered $420,000 worth of solid wood dining sets from a manufacturer in Vietnam. The...

A logistics manager at a consumer goods company in Ohio reviewed their freight spend after switching to a new TMS....

A freight forwarder in Miami invoiced a customer $14,200 for an ocean shipment from Santos, Brazil to Port Everglades....

If you ship cargo to certain African countries by sea, there's a document you need that most shippers outside of...

If you've encountered the term DEQ in a contract, a textbook, or a conversation with an experienced trader, you're...

DAP puts most of the logistics burden on the seller. Under this Incoterm, the seller is responsible for delivering the...

CFR is one of the most commonly used Incoterms in ocean freight, and also one of the most commonly misunderstood. The...

You need to ship 20 pallets of electronics from a factory in Shenzhen to a warehouse in Dallas. Between those two...

You're shipping a product overseas. Customs authorities at the destination need to know exactly what's inside the...

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