Air Freight and Cargo Key Terms
Find out how to keep up with air freight and cargo key terminology information
Air freight and cargo key terms can help you whether you own a shipping company, are a pilot or employee, represent the company doing the shipping or are the sending party. Knowing pertinent terms, acronyms and phrases will help keep you up to speed in conversations out in the field, with colleagues and when you place your next service order. Air freight and cargo key terms can include acronyms, locations, paperwork and more, but whatever the word or phrase, brushing up on the information associated with each word will help keep you well-informed in the industry.
Air waybill (AWB)
The Air waybill (AWB), also called a bill of lading or airbill, is a document that covers the domestic and international flights during the transportation of goods to a specified location. It also serves as the receipt for the shipper, showing that the carrier has accepted the goods.
Try: Illinois State University gives a simple example of how one should fill out a common airbill. Check out the air waybill guide from DHL.
Bonded warehouse
Bonded warehouse facilities are those which customs officials have authorized to store or manufacture goods on which the payment of duties are deferred.
Try: Look at the information on bonded warehouse applications from Fuerst Humphrey Ittleman.
Carnets
Carnets are customs documents that allow merchandise to temporarily come into a foreign country for use or display without having to pay import duties.
Try: Find out more about carnets from the United States Council for International Business.
Consolidation
Consolidation means bringing together smaller lots of consignment shipments by a freight forwarder into one larger lot for ease of shipment.
Try: Discover more about freight consolidation from Karr, Ellis & Co.
Duties and tariffs
Duties and tariffs are taxes on imported goods by the customs authority in a country. They are generally based on the value of the goods or other factors such as weight or quantity, or a combination of these.
Try: Visit the United States International Trade Commission for more information. Informed Trade International also gives you helpful tax information. Find out about air freight shipping and duty rates from Sunquest Services.
Unit load device (ULD)
A unit load device (ULD) is a container with integral pallet, aircraft container or aircraft pallet.
Try: Find out more about blast mitigated unit load devices from Free Patents Online.
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