DICTIONARY

Information on the current transport devices:
Euro-Pallet
120 x 80 x 14,4 cm (lxbxh)
weight: ca. 25kg
Mesh pallet/box
124 x 80 x 97cm (lxbxh)
weight: ca. 85kg
Information on the current heavy goods vehicles(HGV):
HGV tilt-trailer
ca. 13,62 x 2,50 x 2,60m (lxbxh)
capacity: ca. 24 tons / ca. 88cbm / 34 pallets
HGV road-train
3 axial-motor vehicle
ca. 7,30 x 2,50 x 2,60m (lxbxh)
capacity: ca. 12 tons / ca. 47cbm / 18 pallets
2 Axial-Hanger
ca. 7,50 x 2,50 x 2,60m (lxbxh)
capacity: ca. 12 tons / ca. 48cbm / 18 pallets
WAB (truck mounted sweeper)
ca. 7,45 x 2,50 x 2,50m (lxbxh)
capacity: ca. 46cbm / 18 pallets
20´ Container
ca. 590 x 230 x 235cm (lxbxh)
Inside volume: ca. 32m³
40´ Container
ca. 1190 x 230 x 235cm (lxbxh)
Inside volume: ca. 64m³
The important terms:
ABC-analysis
A universal applicable possibility for the classification of totals. In logistics, the ABC-analysis is used for the classification of existing items on stock. Items with the highest annual consumption are specified as A-items, the opposite ones are called C-items.
Inbound logistics is used as a general term for all logistics services which have the main goal of supplying a company with goods from external sources.
B2B - Business to Business
Deliveries from business customers (companies) to other businesses
B2C - Business to Consumer
Deliveries from businesses to consumers
Crossdocking is a service of distribution logistics which is aiming at tailor-made, demand based distribution of deliveries within a certain stock turnover.
Outbound logistics deals with physical and administrative processes of the distribution of goods. Depending on the matching of the requirements of the delivery service, the goal is to get the right goods in a good quality and quantity at the right time to the right locations.
EAN
Abbreviation for European article numbers
FIFO
Abbreviation of First in First out. What is on stock first, should also be removed from stock first. (Expiry date)
Fulfillment – Order processing
The order processing is a sequence of actions which are necessary in to fulfill a customer’s order completely.
Inventory
It is differentiated between annual inventory counts and continuous inventory counts. At the annual inventory counts, the warehouse is closed and every item is counted. At the continuous inventory, every item needs to be counted yearly.
Contract logistics
Long-term logistics services which are agreed upon via a detailed (duration, scope of services, process-based compensation for services rendered, etc.) contract. In contract logistics, most of the services like transport, storage, stock turnover or possibly also easy packing services are being outsourced from external partners.
LIFO
Abbreviation for Last in first out. That is a stock removal principle which is mostly applied to block storages. What is being stored last, is more favorably removed from stock („white goods“).
SEA and AIR terms:
AWB - Air WayBill
An AWB is a bill of lading which covers both domestic and international flights transporting goods to a specified destination. Technically, it is a non-negotiable instrument of air transport which serves as a receipt for the shipper, indicating that the carrier has accepted the goods listed therein and obligates itself to carry the consignment to the airport of destination according to specified conditions. Normally AWB refers to the Air Waybill issued by carrying airlines and also called Master Air Waybill (MAWB) which comes with three digits of numeric airline identification codes issued by IATA to non-U.S. based airlines and Air Transport Association of America to U.S. based airlines. However, air freight forwarders also issue HAWB (House Air Waybill ) to their customers for each of the shipments.
BAF - Bunker Adjustment Factor - an adjustment to shipping companies' freight rates to take into account fluctuations in the cost of fuel oil (bunkers) for their ships.
Bill of Lading (B/L) The document which covers transport by sea. Signed by the carrier, whether a shipping line or a freight forwarder, it serves as a receipt to the consignor for the goods, as evidence of the contract of transport containing the conditions of transport, and as a document of title by which possession of the goods can be transferred. Typically a B/L is issued in a set of three signed originals or negotiables, one of which must be presented to claim the goods upon which the others become void.
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Combined Transport / Multimodal B/LA B/L covering transport by shipping container from an inland place prior to the loading port, to an inland place beyond the destination port. Most freight forwarders and shipping companies title their B/Ls as "Bill of Lading for Combined Transport or Port-to-Port shipment" or similar.
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Congen B/LA standard form of bill of lading used in shipments by chartered ship.
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Clean B/LA bill of lading indicating that the goods were received by the carrier in good order and condition, without any clauses declaring a defective condition in the goods and/or their packing.
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Dirty/Foul/ Claused B/LA bill of lading with any clauses declaring a defective condition in the goods and/or their packing. Almost invariably not acceptable to banks for presentation under L/Cs and almost always not acceptable to the buyer.
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House B/LA bill of lading issued by a freight forwarder acting as a carrier. The terms and conditions of the contract may well be different to the terms and conditions contained on the shipping company's B/L, which can in extraordinary circumstances lead to legal complications should a dispute arise.
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Master B/LThe term used for the B/L issued by a shipping company to a freight forwarder for all of the goods covered by one or more House B/Ls on the one ship going from one loading port to one destination port.
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Ocean B/LA B/L covering port-to-port shipment. Typically banks continue to use this term on L/Cs even though the majority of international shipments are containerised (See also Multimodal B/L).
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On Board/ Shipped On Board B/LA B/L evidencing that the goods were not only received by the carrier but were actually loaded on board in good order and condition. "Shipped" indicates that not only were the goods on board, but that the ship has departed the port.
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Order B/LA negotiable B/L, in which the goods are consigned "to order of" a particular party, often the shipper in which case the consignee is mostly shown simply as "to order".
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Straight B/LA non-negotiable B/L in which the goods are consigned directly to a named consignee.
CAF - Currency Adjustment Factor - an adjustment to freight rates to take into account the effect over time of fluctuations in currency exchange rates.
COD – Cash On Delivery
CSC – Container Service Charge
FCL - Full Container Load, Containerfrom one sender to one recipient.
L/C - Letter of Credit A conditional order in writing, issued by a buyer's bank, guaranteeing to pay the seller upon presentation of stipulated documents, strictly in accordance with the credit. It is strongly recommended that every exporter and importer has a copy of the "Uniform Customs and Practice for Documentary Credits", International Chamber of Commerce publication 500. These are available from most major Chambers of Commerce, or from us at AUD 20.00 including postage, handling and GST, to Australian addresses only.
LCL – Less than Container Load, a small amount of cargo insufficient to on its own be economically shipped as FCL. It will be combined with other LCL cargo from other shippers going to the same destination port, into an FAK FCL. See also Consolidation.
TEU - Twenty-foot equivalent unit, the means of describing the carrying capacity of a train or ship. For example, a 40 foot container takes up the space of two TEUs.
TACT – The Air Cargo Tariff
THC - Terminal handling charge, levied by CY and CFS operators for goods passing through their operations.
W/M – Weight/Measurement