Glossary

Logistics, trade, and GTM terms in plain English.

The vocabulary you'll hear on every customer call, in every CRM, and across every shipping doc — defined without jargon.

A
ACE Manifest
The electronic cargo manifest filed with US Customs through the Automated Commercial Environment (ACE) portal. Carriers must transmit ACE manifest data before cargo arrival — ocean filings 24 hours before loading at origin, truck filings one hour before border arrival. The dataset is the authoritative public source for US import shipment records used by freight prospecting tools.
ACI (Canada)
Advance Commercial Information. Canada Border Services Agency's equivalent of US ACE — the mandatory pre-arrival electronic manifest system for cargo entering Canada. Filing windows are mode-specific: ocean 24 hours, air 4 hours, rail 2 hours, highway 1 hour before arrival.
AES Filing
Automated Export System filing. The mandatory electronic export declaration submitted to US Customs for shipments leaving the United States valued over $2,500 per Schedule B line, or any value if licensed. AES data populates US export statistics and powers outbound trade-data tools for freight forwarders chasing US exporter accounts.
AMS Filing
Automated Manifest System filing. The legacy ocean-cargo manifest system that ACE replaced, still referenced in some freight conversations and customs broker workflows. The 24-hour rule for ocean manifest pre-filing originated in AMS and carries forward.
ATA Carnet
An international customs document that allows temporary import/export of commercial samples, professional equipment, and goods for exhibitions across 80+ countries duty-free. Valid for one year. Used heavily by freight forwarders supporting trade shows, broadcast equipment, and product demonstrations.
Anti-Dumping Duty
A tariff imposed when imported goods are sold below fair market value ("dumped") to the detriment of domestic producers. Anti-dumping duties stack on top of normal customs duties and can run 50–300%+ on a single HTSUS line. Common categories include steel, aluminum, solar, and chemicals.
B
BAF (Bunker Adjustment Factor)
A variable surcharge on ocean freight that adjusts for fluctuations in marine fuel (bunker) costs. Recalculated by carriers on a monthly or quarterly basis. BAF appears as a separate line on the freight invoice and can move 10–30% between recalculation windows when fuel prices swing.
Bill of Entry
A legal document filed by importers (or their customs brokers) declaring goods entering the country. Contains HTSUS classification, declared value, country of origin, and duty calculation. Often used interchangeably with "customs entry" in conversation.
Bill of Lading(BOL)
A legal shipping document issued by a carrier acknowledging receipt of cargo and specifying the terms of carriage. Functions as receipt, contract of carriage, and document of title.
Blind Shipment
A shipment where the shipper's or consignee's identity is hidden from one party in the transaction — typically used when a distributor doesn't want a buyer to know the source manufacturer. The BOL is reissued with the broker or forwarder named as shipper to mask the supplier.
Bonded Warehouse
A secure facility authorized by customs where imported goods can be stored without duties being paid until they are withdrawn for entry into commerce or re-exported. Useful for cash-flow management on high-duty goods or for goods awaiting re-export. Typical bond period in the US: up to 5 years.
Brokerage Fee
The fee charged by a customs broker to file an entry and clear goods through customs. US brokerage fees typically run $25–$150 per entry on standard shipments, higher on complex classifications or anti-dumping/countervailing cases. Distinct from freight charges or duties.
C
CAF (Currency Adjustment Factor)
A surcharge on ocean freight that adjusts for fluctuations between the carrier's revenue currency (typically USD) and operating currencies. Recalculated quarterly. CAF is most visible on routes where origin operating costs are denominated in non-USD currencies that move against the dollar.
CBP (US Customs and Border Protection)
The US federal agency responsible for enforcing customs, immigration, and trade laws at US ports of entry. CBP administers HTSUS classification, collects duties, enforces import quotas and forced-labor rules (UFLPA), and publishes the public ACE trade data used by freight prospecting tools.
CFS (Container Freight Station)
A facility where less-than-container-load (LCL) shipments from multiple shippers are consolidated into a single container for export, or deconsolidated on import. Located near ports and inland rail hubs. Critical infrastructure for LCL freight forwarders.
CHB (Customs House Broker)
A federally licensed agent authorized to file customs entries and clear goods on behalf of importers. The CHB license is issued by CBP after passing a certification exam. CHBs may operate independently or within freight forwarding firms.
CIF(CIF)
Cost, Insurance, and Freight. An Incoterms rule where the seller pays for ocean freight and insurance to destination port. Buyer assumes risk on import clearance and inland delivery.
CPT (Carriage Paid To)
An Incoterms 2020 rule where the seller pays freight to the named destination but risk transfers to the buyer when goods are handed to the first carrier. Used across all transport modes including multimodal. CPT does not require the seller to provide insurance — CIP does.
Cargo Insurance
Insurance coverage protecting goods in transit against loss, damage, or theft. Standard policies cover marine, air, road, and rail movements. The two main coverage types are All Risks (broadest) and Free of Particular Average (excludes partial losses except in specified events).
Carrier Mix
The distribution of an account's shipment volume across multiple ocean carriers. A signal of carrier loyalty, contract structure, and freight maturity — carrier-mix shifts often precede RFP cycles.
Certificate of Origin
A signed document declaring the country where goods were manufactured. Required for preferential tariff treatment under free trade agreements (USMCA, GSP, CAFTA-DR) and for compliance with country-of-origin marking rules. Form variants differ by trade agreement.
Consignee
The party named on the bill of lading to receive the goods at destination. Typically the importer or buyer; the actual customer when freight is sold to a consignee-paying account.
Contact Enrichment
Resolving a company name into verified decision-maker contacts — title, email, phone, LinkedIn — for outbound sales. Critical step between identifying a shipper and reaching the buyer.
Container Deposit
A refundable charge collected by ocean carriers when a container is released to a consignee or trucker, returned when the empty container is brought back to the terminal within free time. Deposits run $500–$5,000 per container depending on equipment type. Designed to incentivize fast empty return.
Container ID Format
The ISO 6346 standard for ocean container identification: four owner-prefix letters + six serial digits + one check digit (e.g., MSCU1234567). The check digit is calculated from the prefix and serial number to detect transcription errors in manifest filings and gate-pass scans.
Container Number
The unique identifier stamped on every shipping container, formatted as 4 letters + 7 digits (e.g. MSCU1234567). Tracks the container across ocean carriers, terminals, and rail moves.
Containerized Freight
Cargo transported inside standardized intermodal shipping containers. Distinct from breakbulk (loose cargo), bulk (grains/ore), and ro-ro (vehicles).
Contract Rate
A negotiated freight rate that locks in pricing for a defined period (typically 12 months on Asia-US ocean trades) in exchange for committed volume.
Country of Origin
The country where goods were manufactured, produced, or grown — not necessarily the country from which they were shipped. Determined by substantial-transformation tests under US law. Country of origin drives tariff rate, FTA eligibility, and forced-labor screening (UFLPA).
Cross-Docking
A logistics practice where inbound shipments are unloaded and immediately reloaded onto outbound vehicles with minimal or no warehouse storage. Common in retail and e-commerce fulfillment.
Cross-Trade
A shipment that moves between two countries neither of which is the freight forwarder's home country. Example: a US-based forwarder coordinating a shipment from Vietnam to Germany. Cross-trade requires forwarder partner networks at both origin and destination and represents a high-margin growth segment.
Customs Bond
A financial guarantee posted with CBP ensuring duties, taxes, and penalties will be paid. Required for any commercial import valued over $2,500. Single-entry bonds cover one shipment; continuous bonds (minimum $50,000) cover a year of imports. Issued by surety companies and arranged by the customs broker.
Customs Broker
A licensed agent who clears imports through customs on behalf of importers. Files entry documentation, calculates duties, and ensures regulatory compliance with CBP or equivalent agencies.
Customs Data
Government-filed records describing all cross-border cargo movements. Combines import data, export data, manifest data, and tariff classifications — the foundational dataset of trade intelligence.
Customs Entry
The formal declaration filed with CBP to admit imported goods into US commerce. Includes HTSUS classification, declared value, country of origin, and applicable trade-remedy claims. Filed within 15 days of cargo arrival. Entry types include consumption (most common), warehouse, and FTZ.
D
DDP(DDP)
Delivered Duty Paid. An Incoterms rule where the seller takes full responsibility — including duties, taxes, and final-mile delivery — to the buyer's address. Most buyer-friendly term.
DHS (Department of Homeland Security)
The US federal department under which CBP, ICE, and TSA operate. DHS sets overall border-security and trade-compliance policy direction for the agencies actually enforcing customs and immigration law at US ports of entry.
Declared Value
The transaction value of goods as declared on the customs entry, used to calculate ad valorem duties and freight insurance premiums. Must reflect the price actually paid or payable in arm's-length transactions. Under-declared value is a customs violation; over-declared inflates duties.
Demurrage
A penalty fee charged by ocean carriers and terminals when containers sit at the port beyond their free time. Designed to incentivize fast pickup. Demurrage rates escalate daily, often $100–$300/day per container in tiers. Distinct from detention, which covers container time off-terminal.
Demurrage
Charges incurred when a container sits in a port or terminal beyond the free time allowed for pickup. Distinct from detention, which applies once the container leaves the terminal.
Detention
Charges incurred when a shipper or consignee holds a container outside the terminal beyond the free time allowed for return. Once the container returns, demurrage may apply if storage time elapsed.
Detention (Freight)
A penalty fee charged when a container is held off-terminal beyond the allowed free time before being returned empty. Functions as the trucking-side equivalent of demurrage. Detention plus demurrage together can drive D&D billing into the thousands per container on a stuck shipment.
Drawback (Duty)
A refund of 99% of duties paid on imported goods that are subsequently exported or destroyed. Drawback claims can be filed up to five years after import. Underused by mid-market importers — the program returns ~$1B+ annually to qualifying companies.
Drayage
Short-distance trucking of containers between ports, rail terminals, and warehouses. The first or last leg of an intermodal move, typically under 50 miles.
E
EDD (Estimated Delivery Date)
The forecast date a shipment is expected to reach the final consignee. Calculated from ETA at port plus inland transit time and clearance buffer. EDD reliability is the metric shippers most often use to evaluate forwarder performance.
ELD (Electronic Logging Device)
A device mandated for commercial trucks that records hours-of-service automatically. ELD compliance is enforced by FMCSA. Has reshaped trucking capacity since the 2017 mandate by tightening adherence to the 11-hour driving limit and 14-hour on-duty window.
ETA (Estimated Time of Arrival)
The forecast date and time a shipment is expected to arrive at destination port or airport. ETAs shift as vessels encounter weather, port congestion, or routing changes. Real-time ETA updates feed the demurrage clock and inform downstream drayage scheduling.
ETD (Estimated Time of Departure)
The forecast date and time a vessel, aircraft, or truck is expected to depart origin. Published by carriers on schedule boards and updated as conditions shift. ETD discipline is critical for cutoff-driven processes like LCL consolidation and refrigerated cargo loading.
EXW(EXW)
Ex Works. An Incoterms rule where the buyer takes responsibility at the seller's premises and pays for all transport, customs, and risk thereafter. Most seller-friendly term.
Embargo (Trade)
A government-ordered restriction on trade with a specific country, entity, or class of goods. Embargoes can be comprehensive (Cuba, North Korea, Iran sectors) or targeted (sanctioned-party lists). Freight forwarders must screen every transaction against OFAC SDN and BIS Entity List rosters.
Export Data
Customs-filed records of goods leaving a country. Less consistently public than import data — only about a dozen countries publish it openly. Critical for prospecting in export-led sectors.
Export License
A government authorization required for certain controlled exports. In the US, BIS issues licenses for dual-use items under the EAR; State Department licenses cover defense articles under ITAR. License requirements depend on the item's ECCN classification and the destination country.
Exporter of Record(EOR)
The legal entity responsible for the export declaration and compliance at origin. Often the seller, but can be a third-party EOR service for cross-border e-commerce.
F
FCA (Free Carrier)
An Incoterms 2020 rule where the seller delivers cleared-for-export goods to the buyer's nominated carrier at a named place. Risk transfers when goods are loaded onto the buyer's carrier. FCA is the recommended Incoterm for containerized cargo over FOB in modern practice.
FCL(FCL)
Full Container Load. A shipment that fills an entire container with cargo from a single shipper to a single consignee. Contrasts with LCL where multiple shippers share container space.
FCL Surcharge
Any additional charge layered on top of base FCL ocean freight rates — BAF, CAF, GRI, PSS (peak-season surcharge), war risk, congestion, low-sulfur fuel. Surcharges often total 30–60% of the base rate. Freight rate negotiations increasingly focus on surcharge caps as much as base rate.
FEU(FEU)
Forty-foot Equivalent Unit. Equal to one 40-foot ISO container or two TEUs. The dominant container size on most ocean trades today.
FOB(FOB)
Free On Board. An Incoterms rule where the seller delivers cargo to the named port of loading and the buyer assumes risk and cost from that point. Common in Asia-to-US trade.
Free Trade Agreement (FTA)
A treaty between two or more countries eliminating or reducing tariffs and other trade barriers. The US is party to 14 FTAs covering 20 countries including USMCA (Mexico, Canada), KORUS (Korea), and CAFTA-DR. Qualifying goods clear at lower or zero duty.
Freight Benchmark
A reference rate or KPI used to compare an account's freight cost or service level against market norms. Used in QBRs, RFP analysis, and pricing-leverage conversations.
Freight Broker
A licensed intermediary that arranges trucking services between shippers and motor carriers. Distinct from freight forwarders, who operate primarily on ocean and air.
Freight Class
An NMFC-assigned classification (50–500) used in US LTL trucking to determine freight rate. Based on density, stowability, handling, and liability. Higher classes (denser, easier handling) pay lower rates. Freight class disputes are a common LTL billing issue.
Freight Forwarder
A company that organizes shipments for shippers without operating the transport themselves. Freight forwarders book carrier capacity, handle customs, and provide door-to-door logistics across modes.
Freight Prospecting
The systematic process of identifying, researching, and reaching out to potential shipper customers. Modern freight prospecting starts with shipment data and lane match, not generic firmographic lists.
Freight Rate Index
An aggregated index that tracks ocean, air, or trucking freight prices across major lanes. Examples include the Drewry WCI, Shanghai Containerized Freight Index (SCFI), and Freightos Baltic Index (FBX).
Freight Revenue Intelligence
The category LIT defines: combining shipment data, company intelligence, contact enrichment, CRM, and outbound execution into one workspace for logistics sales teams. Goes beyond raw trade data tools.
Freight Sales CRM
A CRM purpose-built for freight teams — combining shipper account context, lane data, contact enrichment, and outreach history. Distinct from generic CRMs which lack trade-data integration.
Freight Spend
The total dollars a shipper allocates to transportation across all modes and lanes over a given period. The total addressable market for any freight provider's account-level pitch.
Fumigation Certificate
A document certifying that wooden packaging materials (pallets, crates) have been treated to prevent the spread of pests, per ISPM 15 international standard. Required for most cross-border shipments using untreated wood. Missing or invalid certificates trigger customs holds at destination.
H
HAZMAT
Hazardous materials regulated for transport by the US Department of Transportation, IMO (ocean), and IATA (air). Shippers must classify under nine UN hazard classes, package per DOT/IMDG rules, and use certified carriers. HAZMAT freight carries 2–5× standard freight rate.
HBL (House Bill of Lading)
A bill of lading issued by a freight forwarder or NVOCC to its actual customer, naming the customer as shipper or consignee. Distinct from the Master Bill of Lading (MBL) issued by the ocean carrier to the forwarder. Most BOL trade-data tools capture both HBL and MBL records.
HS Code
Harmonized System Code. A 6-digit international classification for traded products set by the World Customs Organization. Drives tariff rates, trade statistics, and import/export controls.
HTS Classification
The process of assigning the correct Harmonized Tariff Schedule code (10-digit US, 8-digit EU) to imported goods. Classification determines duty rate, applicable trade-remedy tariffs (Section 232, 301, 232 stacks), and any quota or licensing requirements. Misclassification penalties can run 2–4× the duty owed.
HTS Code
Harmonized Tariff Schedule code. The 10-digit US extension of the international HS code, used by CBP to determine duty rates and trade-program eligibility for imports.
Harmonized System Code
An internationally standardized system of 6-digit codes classifying traded products, maintained by the World Customs Organization. The US extends HS to 10 digits as HTSUS for tariff purposes. HS codes determine duty rate, FTA eligibility, and trade statistics across 200+ countries.
House Bill of Lading(HBL)
The bill of lading issued by a freight forwarder to the actual shipper. Names the real shipper and consignee — making HBL data the foundation of freight sales prospecting.
I
IATA (International Air Transport Association)
The trade association for the world's airlines. IATA sets cargo safety and handling standards, manages the Dangerous Goods Regulations (DGR) used globally for air HAZMAT, and accredits cargo agents through the IATA Cargo Agency Program (CASS).
ISF (10+2 Filing)
Importer Security Filing. The 10-element advance filing required from US importers (or their brokers) plus 2 elements from the carrier, submitted to CBP at least 24 hours before loading at origin. Failure to file accurately triggers $5,000 penalties per violation.
Import Data
Customs-filed records of goods entering a country, including shipper, consignee, container, vessel, port, HS code, and weight. The largest open dataset of B2B trade activity in the world.
Importer Database
A structured dataset of companies actively importing into a country, sourced from customs filings. The foundational data source for any inbound-freight sales motion.
Importer of Record(IOR)
The legal entity responsible for declaring an imported shipment to customs and paying duties. Often the buyer, but can be a third-party IOR service when the buyer lacks local presence.
In-Bond
A status allowing imported goods to move between US ports or to a bonded warehouse without customs entry and duty payment at the port of arrival. Common for shipments transiting from an East Coast port to an inland or West Coast distribution point before formal entry.
Incoterms
International Commercial Terms. Standardized rules published by the ICC defining responsibilities of buyers and sellers — including who pays for freight, insurance, and customs.
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