Logistics and Transportation Vocabulary

Vocabulary flashcards for logistics and transportation terminology.

Bill of lading

Document that details the cargo being shipped.

Commercial invoice

An itemized list of goods showing the buyer and seller details.

Certificate of origin

Document certifying the country of origin of goods.

Cargo

Goods transported by ship, truck, or aircraft.

Freight

The amount charged for the transportation of goods.

Vessel

A ship or large boat used for transporting goods.

FCL

Full Container Load, for shipping large quantities.

LCL

Less than Container Load, for shipping smaller quantities.

Demurrage

Charges applied for the delay of a container beyond the agreed-upon timeframe.

Customs clearance

The act of passing goods through customs so they can enter or leave a country.

Payment

The transfer of money in exchange for goods or services.

EXW

Ex Works; sale terms indicating that the seller makes the goods available at their premises.

Supply chain

The entire network of production, processing, and distribution of goods.

Shipper

The person or entity who sends the goods.

Consignee

The person or entity who is receiving the goods.

PSS

Peak Season Surcharge; an additional fee during high demand seasons.

Forecast

A prediction about future demand for goods.

Advance

Partial pre-payment before the full payment.

Balance

The amount of money owed after initial payments.

Inspeciton

The process of checking goods for quality and compliance.

Certificate of quality

A document confirming that goods meet stated quality standards.