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May 14, 2019 · VGM (Verified Gross Mass): The total gross weight of a shipping container (including dunnage, bracing, and tare). Under SOLAS, shippers are required to d eclare the VGM of their shipping containers.
- 3PL – Third-Party Logistics. Third party logistics companies offer outsourced logistics services, managing various supply chain elements, such as transportation, warehousing, and fulfillment.
- 4PL – Fourth Party Logistics. A higher-level logistics provider that typically oversees the entire supply chain network. A 4PL often acts as a consultant or integrator, coordinating multiple 3PLs and other parties involved in the supply chain.
- FTL – Full Truckload. Refers to shipments that occupy the entire capacity of a truck. FTL shipments are typically more cost-effective for larger volumes or goods that require dedicated transportation without sharing space with other cargo.
- LTL – Less Than Truckload. Describes shipments that don’t require the total capacity of a truck. LTL shipments share space with other goods heading in the same direction, allowing multiple shippers to split the transportation costs.
A comprehensive classification of abbreviation for shipping and receiving. Click to download shipping terms abbreviations pdf
See our glossary of shipping terms for a glossary of port and shipping terms with an overall international shipping terms glossary.
Jun 18, 2020 · Below we have captured some of the most common acronyms, abbreviations and terms that are repeatedly found across the industry. Dead Weight Tonnage (DWT) defines the weight a vessel can carry. DWT is used in technical vessel documents and classifications. Classed based on physical dimensions and DWT, Long Range 1 (LR1) and Long Range 2 (LR2 ...
Apr 22, 2024 · Learn essential shipping & logistics acronyms: understand Incoterms, documentation, shipping methods & operational metrics for your international operations.
Our Sea Logistics shipping glossary helps you to find your way through the maze of terms and abbreviations used in international sea freight transport.
