OCS has amassed a list of Domestic and International Shipping Terms and Acronyms to keep us on the same page with our clients and know when you need them.
BOL – Bill of Lading
The bill of lading is a legally binding document that provides the carrier and shipper with all of the necessary details to accurately process a shipment. It has three main functions. First, it is a document of title to the goods described in the bill of lading. Secondly, it is a receipt for the shipped products. Finally, the bill of lading represents the agreed terms and conditions for the transportation of the goods.
POD – Proof of Delivery
ETA – Estimated Time of Arrival
ETD – Estimated Time of Departure
LTL – Less Than Truckload (Freight)
FTL – Full Truckload (Freight)
Freight Forwarder –
Merchant Processing Fee – MPF
Harbor Maintenance Fee – HMF
Custom Broker –
SLI – Shippers Letter of Instruction
POA – Power of Attorney
Know Shipper –
Unkown Shipper –