International Shipping Terms

CY - Container Yard
The rail terminal where containers are held once they are taken off the railroad

MLB Mini Land Bridge
An intermodal system for transporting containers by ocean and then by rail or motor to a port previously served as an all water move (e.g., Hong Kong to New York over Seattle)

TEU Twenty Foot Container

FEU Forty Foot Container

W/M Weight or Measure
Charge per cubic meter or per 1000K, whichever is greater (US inland portion of LCL will be charged per cubic meter or per 363K, whichever is greater)

PSS Peak Season Surcharge
Peak season for ocean freight typically is June November. Peak season for air freight is typically September December

FSC Fuel Surcharge

SSC Security Surcharge

BAF Bunker Adjustment Factor FSC for ocean

IPI Inland rail service for ocean freight

IPI Inland rail service for ocean freight

FCL Full container load

LCL Less than container load

CAF Currency adjustment factor
A charge, expressed as a percentage of a base rate that is applied to compensate carriers of currency fluctuations.

DDU Delivered Duties Unpaid
The buyer is responsible for the duty, fees and taxes.

DDP Delivered Duties Paid
The shipper/seller is responsible for dealing with all the tasks involved in moving goods from the manufacturing plant to the buyer/consignee's door. It is the shipper/seller's responsibility to insure the goods and absorb all costs and risks including the payment of duty and fees.

EXW Ex Works
One of the simplest and most basic shipment arrangements places the minimum responsibility on the seller with greater responsibility on the buyer. In an EX-Works transaction, goods are basically made available for pickup at the shipper/seller's factory or warehouse and "delivery" is accomplished when the merchandise is released to the consignee's freight forwarder. The buyer is responsible for making arrangements with their forwarder for insurance, export clearance and handling all other paperwork.

FOB Free Onboard Vessel
One of the most commonly used-and misused-terms, FOB means that the shipper/seller uses his freight forwarder to move the merchandise to the port or designated point of origin. Though frequently used to describe inland movement of cargo, FOB specifically refers to ocean or inland waterway transportation of goods. "Delivery" is accomplished when the shipper/seller releases the goods to the buyer's forwarder. The buyer's responsibility for insurance and transportation begins at the same moment.

CFS Container Freight Station
Abbreviation for "Container Freight Station." A shipping dock where cargo is loaded ("stuffed") into or unloaded ("stripped") from containers. Generally, this involves less than container load shipments, although small shipments destined to same consignee are often consolidated. Container reloading from/to rail or motor carrier equipment is a typical activity.

THC Terminal Handling Charge
A charge made for a service performed in a carrier's terminal area.

AMS Automated manifest system
The U.S. Customs' "Automated Manifest System."