KlearNow.AI’s Glossary
Welcome to KlearNow.AI’s Glossary page, your go-to resource for understanding essential logistics terms
24-Hour Rule
A
Accessorial Service
Accrual
ACE (Automated Commercial Environment)
ACE Portal
ACH (Automated Clearinghouse)
ACH Refunds
Ad Valorem
Ad Valorem Duty
Ad Valorem Freight
Administrative Monetary Penalty System (AMPS)
Advice of Shipment
Advising Bank
AEO (Authorized Economic Operator)
AES Filing
Affreightment
Affreightment, Contract of
Agent (Agt.)
Air Freight Forwarder
Air Waybill
All Commodity Rate
All Inclusive Rate (AI)
Allowed Free Time
Also Notify Party
AMS (Automated Manifest System)
Antidumping Duty: Cash Deposit Rates & Compliance Guide
API (Application Programming Interface)
Arrival Notice
Assists
Automated Broker Interface (ABI)
Awkward Cargo
B
Backhaul
BCO (Beneficial Cargo Owner)
Bill of Lading (BOL)
Binding Ruling
BIS (Bureau of Industry and Security)
Bonded Warehouse
Break Bulk Cargo
Broker
Bunker Adjustment Factor (BAF)
C
C-TPAT (Customs-Trade Partnership Against Terrorism)
Cabotage
CAFTA-DR (Central America-Dominican Republic FTA)
CAPE (Customs Audit & Post-Entry)
CAPE Upload
Cargo Insurance
Carnet
Carrier
Carrier Booking
Carrier’s Performance Statement
CBP Form 28 (Request for Information)
CBP Form 29 (Notice of Action)
Certificate of Origin (C/O)
Chargeable Weight
Charter Party
Chassis
CIF (Cost, Insurance, Freight)
COGSA (Carriage of Goods by Sea Act)
Collect On Delivery (COD)
Commercial Invoice
Compliance Statement
Computed Value
Consignee
Consolidation
Container
Container Discharge
Container Freight Station (CFS)
Container Milestones
Container Number
Container Stuffing
Container Yard (CY)
Continuous Bond
Countervailing Duty (CVD)
Country of Origin
CPSC (Consumer Product Safety Commission)
CTPAT Trade Compliance
Customs Bond
Customs Broker
Customs Brokerage
Customs Release
D
Daily Rate
Date of Container Availability
De Minimis
Deadweight Tonnage (DWT)
Deductive Value
Demurrage Charges
Denied Party Screening
Detention
Devanning
Dock Receipt
Draft
Drawback
Drayage
Drop Shipment
Drop Trailer
Dunnage
Duty
Duty Drawback
Dwell Time
E
EAR (Export Administration Regulations)
Earliest Return Date (for Exports)
ECCN (Export Control Classification Number)
EEI (Electronic Export Information)
Electronic Data Interchange (EDI)
Embargo
Empty Return
Entry Summary (CBP Form 7501)
Entry Type
EPA Filing
ETA (Estimated Time of Arrival)
Exception Alerts
Exception Rate
Expedited Shipment
F
FCC Filing
FCL (Full Container Load)
FDA Filing
Federal Maritime Commission (FMC)
Feeder Vessel
Firm Code
First Sale Rule
Flat Rack Container
Focused Assessment
Foreign-Trade Zone (FTZ)
Free on Board (FOB)
Free Time
Freight Bill
Freight Forwarder
FTA (Free Trade Agreement)
Fuel Surcharge (FSC)
Full Out
Full Truckload (FTL)
FWS (Fish & Wildlife Service)
G
Gate In Date
Gross Weight
GSP (Generalized System of Preferences)
H
Handling Costs
Harmonized System (HS) Code
HMF (Harbor Maintenance Fee)
Holds
HTS (Harmonized Tariff Schedule)
HTSUS (Harmonized Tariff Schedule of the United States)
I
IE (Immediate Exportation)
Importer of Record (IOR)
Importer Security Filing (ISF): 10+2 Rule & Compliance Guide
In-Bond
Inbound Logistics
Incoterms Explained: Risk Transfer, Landed Cost & Customs Rules
Inland Container Logistics
Intermodal Transportation
ISA (Importer Self-Assessment)
IT (Immediate Transportation)
ITAR (International Traffic in Arms Regulations)
J
Joint Rate
Just-In-Time (JIT) Inventory
K
Key Performance Indicator (KPI)
L
Lacey Act
Landed Costs
Last Free Day (LFD)
Last-Mile Delivery
LCL (Less than Container Load)
Lead Time
Less-Than-Truckload (LTL)
Letter of Credit (L/C)
Lift-on/Lift-off (LoLo)
Line-Haul Shipment
Liner Service
Liquidation
Logistics Management
Lumper Fee
M
Manifest
Marine Terminal Operators (MTO)
Mileage Rate
MPF (Merchandise Processing Fee)
Must-Arrive-By Date (MABD)
N
Net Weight
NHTSA (National Highway Traffic Safety Administration)
Non-Vessel Operating Common Carrier (NVOCC)
O
Ocean Freight
Ocean Shipping Reform Act of 2022 (OSRA)
OFAC (Office of Foreign Assets Control)
On Time Delivery Rate
On-Carriage
Open Top Container
Order Fulfillment
Out-of-Gauge (OOG)
P
Packing List
Pallet
Paperless Trade
Per Diem
PGA (Partner Government Agency)
Phytosanitary Certificate
Place of Delivery
Place of Receipt
Port
Port Congestion
Port of Discharge
Port of Lading (Loading)
Post-Entry Amendment
Post-Summary Correction (PSC)
Power of Attorney (POA)
Pre-Alert / Arrival Notice
Pre-Carriage
Prior Disclosure
Pro Forma Invoice
Protest (CBP Form 19)
Q
Quotation
R
Real-Time Visibility
Reasonable Care
Recordkeeping (5-Year Requirement)
Reefer
Reefer Container
Related Party Transaction
Reliquidation
Request for Proposal (RFP)
Reverse Logistics
RFID
RoRo (Roll-on/Roll-off)
S
Schedule B
Sea Waybill
Section 232 Tariffs
Section 301 Tariffs
Section 321
Shipper
Shipper’s Letter of Instruction (SLI)
Shipping Instructions
Short-Sea Shipping
Single Entry Bond
Single Window
Slow Steaming
Start and End Dates of Free Time
Steamship Line (SSL)
Storage
Substantial Transformation
Supply Chain Visibility
T
T&E (Transportation & Exportation)
Tariff Engineering
Terminal
TEU (Twenty-foot Equivalent Unit)
TMS (Transportation Management System)
Total Amount Due
Tracking ID
Transaction Value
Transshipment
U
Unit Load Device (ULD)
USDA Filing
USMCA Certificate of Origin
USMCA: Definition, Rules of Origin, Certification Requirements, and Compliance Guide
V
Verified Gross Mass (VGM)
Vessel
Vessel Schedule Reliability
Vessel Tracking
W
Warehouse Management
Waybill
Wharf
Y
Yard
Z
Zone