Logistics glossary

Common terms and abbreviations in transport and logistics

AWB
Air Waybill — a contract of carriage for air freight shipments.
B/L
Bill of Lading — a document evidencing the receipt of cargo for sea transport.
LCL
Less than Container Load — a shipment that does not fill a full container.
FCL
Full Container Load — a shipment using an entire container.
LTL
Less than Truckload — a shipment that does not fill a full truck.
FTL
Full Truckload — a shipment using an entire truck.
AOG
Aircraft on Ground — an urgent aircraft maintenance situation requiring immediate parts.
AEO
Authorised Economic Operator — a customs trade partnership program.
CO
Certificate of Origin — a document certifying the country of origin of goods.
CBM
Cubic Meter — unit of volume used in freight.
CMR
Convention Relative au Contrat de Transport International de Marchandises par Route — road haulage contract document.
CY/CY
Container Yard to Container Yard — a port-to-port service.
DDP
Delivered Duty Paid — seller bears all costs and risks including duties.
DAP
Delivered at Place — seller delivers to a named place, buyer pays duties.
EXW
Ex Works — buyer takes responsibility at seller's premises.
FOB
Free on Board — seller delivers goods on board the vessel.
GLEC
Global Logistics Emissions Council — framework for calculating logistics emissions.
HS Code
Harmonized System Code — international standard for classifying traded products.
Incoterms
International commercial terms defining responsibilities of buyers and sellers.
Reefer
Refrigerated container for temperature-controlled cargo.