🚢 Logistics & Import–Export · Vocabulary for Specific Fields · 150 words
🃏 Learn this set with free flashcards →| logistics n | planning and managing the movement and storage of goods The company outsourced its logistics to a third-party provider. |
| supply chain n | the network of suppliers, producers and distributors delivering a product The port strike disrupted the supply chain for electronics makers. |
| supply chain management n | coordinating all activities from raw materials to final customer Good supply chain management helped the firm keep costs low. |
| freight n | goods carried by ship, plane, train or truck, or the charge for this Freight rates from Asia to Europe rose sharply last quarter. |
| freight forwarder n | a company that arranges shipping and documents for exporters Our freight forwarder booked space on the next vessel to Rotterdam. |
| shipping line n | a company that operates cargo ships on regular routes The shipping line announced a peak season surcharge for December. |
| carrier n | a company that physically transports goods The carrier is liable for damage that occurs during transit. |
| shipper n | the person or company sending goods The shipper must provide accurate weight details for each container. |
| consignee n | the person or company to whom goods are delivered The consignee must present the original bill of lading to collect cargo. |
| notify party n | the party to be informed when goods arrive The bank is the consignee, while the buyer is the notify party. |
| consignment n | a batch of goods sent together to a buyer The consignment of coffee beans arrived in Hamburg on time. |
| shipment n | a quantity of goods sent together, or the act of sending them The next shipment of rice is scheduled for early March. |
| cargo n | goods carried on a ship, aircraft or vehicle The cargo was unloaded at Cat Lai port this morning. |
| container n | a large standard-sized metal box for transporting goods We need two forty-foot containers for the furniture order. |
| TEU n | a unit equal to one twenty-foot shipping container The new terminal can handle two million TEU per year. |
| FCL n | a shipment that fills an entire container Large orders are usually shipped as FCL to reduce handling. |
| LCL n | a shipment too small to fill a container, sharing space with others For small orders, LCL shipping is more economical than a full container. |
| consolidation n | combining small shipments into one larger load Consolidation of orders from five suppliers saved us thousands in freight. |
| bill of lading n | a document issued by a carrier as receipt and title for goods shipped The buyer cannot collect the goods without the original bill of lading. |
| air waybill n | a transport document for goods sent by air The air waybill number lets you track the parcel online. |
| commercial invoice n | a document showing the goods sold, their value and the parties Customs officers checked the commercial invoice against the packing list. |
| proforma invoice n | a preliminary invoice sent before goods are shipped The buyer used the proforma invoice to open a letter of credit. |
| packing list n | a document listing the contents, weight and size of each package The packing list shows the weight and dimensions of every carton. |
| certificate of origin n | a document stating the country where goods were made A certificate of origin allows the buyer to claim lower import duties. |
| letter of credit n | a bank's promise to pay the seller if documents are correct The exporter insisted on payment by an irrevocable letter of credit. |
| telegraphic transfer n | an electronic bank transfer of money overseas We pay thirty percent by telegraphic transfer before production. |
| documents against payment n | a method where documents are released only after the buyer pays Under documents against payment, the bank releases papers after receiving funds. |
| payment terms n | the agreed conditions for when and how payment is made Our standard payment terms are thirty days from invoice date. |
| Incoterms n | international rules defining buyer and seller responsibilities in trade Incoterms clarify who pays for freight and insurance. |
| FOB n | Free On Board: seller's risk ends when goods are loaded on the ship We quote all prices FOB Hai Phong port. |
| CIF n | Cost, Insurance and Freight: seller pays shipping and insurance to destination The buyer requested a CIF quotation to Los Angeles. |
| EXW n | Ex Works: buyer collects goods from the seller's premises Under EXW terms, the buyer arranges all transport from our factory. |
| DDP n | Delivered Duty Paid: seller delivers goods with all duties paid DDP shipments are convenient because buyers face no import formalities. |
| customs n | the government authority that controls goods entering or leaving a country The container was held at customs for further inspection. |
| customs clearance n | official permission to move goods through customs Customs clearance usually takes one to two working days. |
| customs declaration n | a form giving details of goods being imported or exported The broker submitted the customs declaration electronically through the national system. |
| customs broker n | a licensed agent who handles customs procedures for clients We hired a customs broker to handle import paperwork. |
| HS code n | an international number used to classify traded goods The wrong HS code resulted in a higher duty rate. |
| import duty n | a tax charged on goods brought into a country Thanks to the trade agreement, import duty on wine fell to zero. |
| tariff n | a tax on imported or exported goods New tariffs on steel raised costs for construction companies. |
| VAT n | a tax added to the price of goods and services Importers pay VAT on top of customs duty at the border. |
| free trade agreement n | a treaty reducing trade barriers between countries The free trade agreement with the EU cut tariffs on Vietnamese seafood. |
| quota n | a limit on the quantity of goods that can be imported The import quota for sugar was reached by October. |
| export licence n | official permission to export certain goods Timber shipments require an export licence from the ministry. |
| customs inspection n | a physical check of goods by customs officers The shipment was selected for customs inspection under the red channel. |
| bonded warehouse n | a warehouse where imported goods are stored before duties are paid The wine is stored in a bonded warehouse until it is sold. |
| warehouse n | a large building for storing goods The new warehouse near Binh Duong has space for ten thousand pallets. |
| warehousing n | storing goods in warehouses as a business service The provider offers warehousing, packing and last-mile delivery. |
| distribution center n | a warehouse where goods are received and sent to retailers The supermarket chain opened a distribution center serving fifty stores. |
| fulfillment center n | a warehouse that picks, packs and ships online orders Orders placed before noon leave the fulfillment center the same day. |
| inventory n | the goods a company has in stock We count inventory at the end of every month. |
| stock level n | the amount of a product held in storage The system alerts us when stock levels fall below fifty units. |
| safety stock n | extra inventory kept to avoid running out We hold two weeks of safety stock in case of shipping delays. |
| stockout n | a situation where an item is out of stock A stockout during the holiday season cost us many customers. |
| just-in-time adj | producing or delivering goods exactly when needed, with minimal stock Just-in-time delivery reduces storage costs but increases risk. |
| lead time n | the time between placing an order and receiving it The lead time for custom furniture is around six weeks. |
| purchase order n | an official document a buyer sends to order goods Production starts once we receive the signed purchase order. |
| sales contract n | a legal agreement between buyer and seller on terms of sale The sales contract specifies quantity, price and delivery date. |
| procurement n | the process of obtaining goods and services for a business The procurement team negotiates contracts with raw material suppliers. |
| sourcing n | finding and choosing suppliers for goods or materials Sourcing fabric from local mills shortened our lead times. |
| supplier n | a company that provides goods or materials to another We audit every new supplier before signing a contract. |
| vendor n | a company or person that sells goods or services Approved vendors must meet our quality and delivery standards. |
| manufacturer n | a company that makes goods in large quantities The manufacturer ships directly from its factory in Bac Ninh. |
| distributor n | a company that buys goods from manufacturers and sells to retailers We appointed an exclusive distributor for the Thai market. |
| third-party logistics n | outsourcing logistics activities to an external provider Third-party logistics providers handle storage and delivery for online brands. |
| last-mile delivery n | the final stage of delivery to the customer's door Last-mile delivery is the most expensive part of e-commerce logistics. |
| reverse logistics n | managing returned goods from customers back to the seller Efficient reverse logistics makes free returns profitable for online fashion retailers. |
| cold chain n | a temperature-controlled supply chain for perishable goods Vaccines must stay within the cold chain from factory to clinic. |
| reefer container n | a refrigerated container for transporting chilled or frozen goods Frozen shrimp are exported in reefer containers set at minus eighteen degrees. |
| perishable goods n | goods such as food that spoil quickly Perishable goods receive priority handling at the airport. |
| dangerous goods n | items that can harm people or property during transport Lithium batteries are classed as dangerous goods for air freight. |
| pallet n | a flat wooden or plastic base for stacking and moving goods Each pallet holds forty cartons wrapped in plastic film. |
| forklift n | a vehicle with prongs for lifting and moving heavy loads Only trained staff may operate a forklift in the warehouse. |
| loading dock n | a platform where trucks load and unload goods Three trucks were waiting at the loading dock this morning. |
| picking and packing n | selecting items from storage and packaging them for shipment Picking and packing accuracy improved after we installed barcode scanners. |
| barcode n | a pattern of lines that can be scanned to identify a product Each carton carries a barcode for automatic tracking. |
| tracking number n | a number used to follow the progress of a shipment Customers receive a tracking number by text message. |
| shipment tracking n | monitoring the location and status of goods in transit Real-time shipment tracking reduces customer enquiries about deliveries. |
| transit time n | the time goods spend travelling from origin to destination Transit time from Ho Chi Minh City to Rotterdam is about thirty days. |
| port of loading n | the port where goods are loaded onto the ship The port of loading is listed as Cai Mep on the bill of lading. |
| port of discharge n | the port where goods are unloaded from the ship The port of discharge was changed to Long Beach because of congestion. |
| transshipment n | moving cargo from one vessel to another during the journey The goods undergo transshipment in Singapore before reaching Europe. |
| vessel n | a large ship, especially one carrying cargo The vessel departed two days late because of bad weather. |
| estimated time of arrival n | the expected time a vessel, flight or shipment will arrive The estimated time of arrival at Hai Phong is next Tuesday. |
| estimated time of departure n | the expected time a vessel or flight will leave The estimated time of departure was pushed back by a day. |
| cut-off time n | the deadline for delivering cargo or documents before departure Containers arriving after the cut-off time will miss the vessel. |
| demurrage n | charges for keeping containers at the port beyond the free time Delays in customs clearance led to heavy demurrage charges. |
| detention n | charges for keeping a carrier's container outside the port too long We paid detention because the empty container was returned late. |
| free time n | days a container may be kept without extra charges The shipping line gives fourteen days of free time at destination. |
| surcharge n | an extra charge added to the basic freight rate Carriers added a fuel surcharge as oil prices rose. |
| terminal handling charge n | a fee for handling containers at the port terminal The terminal handling charge is paid by the consignee at destination. |
| freight collect adj | describing freight that is paid by the receiver at destination Under FOB terms, the shipment is usually freight collect. |
| freight prepaid adj | describing freight paid by the shipper before departure CIF shipments are marked freight prepaid on the bill of lading. |
| cargo insurance n | insurance covering loss or damage to goods in transit The seller arranged cargo insurance covering one hundred and ten percent of value. |
| insurance certificate n | a document proving that goods are insured during shipment The bank requires an insurance certificate under the letter of credit. |
| claim n | a formal request for compensation for loss or damage We filed a claim with the insurer for the water-damaged cartons. |
| damage n | physical harm to goods that reduces their value The surveyor recorded damage to twelve cartons during unloading. |
| inspection certificate n | a document confirming goods were checked before shipment An independent inspection certificate confirmed the quantity and quality. |
| phytosanitary certificate n | a document certifying plant products are free from pests Fresh dragon fruit exports require a phytosanitary certificate. |
| fumigation n | treating goods or packaging with gas to kill pests Wooden pallets must undergo fumigation before export to Australia. |
| shipping mark n | symbols and words printed on packages for identification Each carton must show the shipping mark and order number. |
| gross weight n | the total weight of goods including packaging The gross weight of the shipment is twelve tonnes. |
| net weight n | the weight of goods without packaging The net weight of each bag of rice is fifty kilograms. |
| volumetric weight n | a weight calculated from package size, used for pricing air freight Large but light parcels are charged by volumetric weight. |
| cubic meter n | a unit of volume used to measure cargo space LCL freight is charged per cubic meter of cargo. |
| multimodal transport n | moving goods using two or more modes under one contract Multimodal transport combines rail and sea to reach inland China. |
| road freight n | transporting goods by truck Road freight to Cambodia takes about two days. |
| rail freight n | transporting goods by train Rail freight from Vietnam to Europe is faster than sea transport. |
| air freight n | transporting goods by aircraft Urgent spare parts were sent by air freight to avoid delays. |
| sea freight n | transporting goods by ship Sea freight is cheaper but much slower than air. |
| inland waterway n | rivers and canals used for transporting goods Barges on inland waterways carry rice from the Mekong Delta. |
| dry port n | an inland terminal connected to a seaport by road or rail The dry port allows customs clearance far from the coast. |
| container yard n | an area at a port where containers are stored Empty containers are collected from the container yard. |
| container freight station n | a facility where LCL cargo is packed into or unpacked from containers LCL cargo is delivered to the container freight station for consolidation. |
| port congestion n | a situation where too many ships or containers cause delays at a port Port congestion added a week to delivery times. |
| route n | the path taken to transport goods from one place to another The carrier opened a direct route from Da Nang to Busan. |
| route optimization n | planning the most efficient delivery routes Route optimization software cut fuel costs by twelve percent. |
| fleet n | a group of vehicles or ships owned by one company The company expanded its fleet to sixty refrigerated trucks. |
| haulage n | transporting goods by road, or the charge for it Haulage from the port to the factory costs four million dong. |
| trucking n | the business of moving goods by truck Trucking costs rose because of higher diesel prices. |
| door-to-door adj | covering the whole journey from sender's premises to receiver's We offer a door-to-door service from Hanoi to Sydney. |
| dispatch v | to send goods or a vehicle to a destination All orders are dispatched within twenty-four hours of payment. |
| delivery note n | a document accompanying goods and signed by the receiver The driver asked the warehouse manager to sign the delivery note. |
| proof of delivery n | a document or signature confirming goods were received The courier uploads a photo as proof of delivery. |
| courier n | a company or person that delivers parcels quickly The samples were sent to the buyer by international courier. |
| cross-border e-commerce n | online selling of goods to customers in other countries Cross-border e-commerce has created new export opportunities for small firms. |
| import v | to bring goods into a country from abroad Vietnam imports large quantities of cotton from the United States. |
| export v | to send goods to another country for sale The company exports cashew nuts to over thirty countries. |
| re-export n | exporting goods that were previously imported The goods were stored temporarily for re-export to Laos. |
| trade balance n | the difference between a country's exports and imports Strong electronics exports gave the country a trade balance surplus. |
| trade barrier n | a rule or tax that restricts international trade Strict labelling rules act as a trade barrier for small exporters. |
| anti-dumping duty n | an extra tax on imports sold below fair market value The EU imposed an anti-dumping duty on imported steel products. |
| rules of origin n | criteria deciding where a product is considered to be made Garments must meet rules of origin to enjoy tariff preferences. |
| tariff preference n | a lower tax rate given to goods from certain countries Exporters need a valid certificate to claim the tariff preference. |
| quotation n | a written statement of the price for goods or services Please send us a quotation for two containers of frozen fish. |
| minimum order quantity n | the smallest amount a supplier will accept in one order The factory's minimum order quantity is five thousand pieces. |
| sample order n | a small order placed to test product quality The buyer placed a sample order before committing to a full container. |
| quality control n | checking products to ensure they meet required standards Quality control staff inspect every batch before shipment. |
| demand forecasting n | predicting future customer demand for products Accurate demand forecasting prevents both overstocking and stockouts. |
| bullwhip effect n | small demand changes growing into large swings further up the supply chain Sharing sales data with suppliers reduces the bullwhip effect. |
| warehouse management system n | software that controls stock and operations in a warehouse The warehouse management system shows every pallet's exact location. |
| first in, first out phrase | a method where the oldest stock is used or sold first We follow first in, first out to prevent food products expiring. |
| cycle count n | regularly counting a small part of inventory instead of all at once A daily cycle count keeps our stock records accurate. |
| backorder n | an order that cannot be filled yet because stock is unavailable The blue model is on backorder until the next shipment arrives. |
| cross-docking n | moving goods from inbound to outbound trucks with little or no storage Cross-docking lets fresh produce reach supermarkets within hours. |
| outsourcing n | paying another company to do part of your work Outsourcing transport allowed the firm to focus on manufacturing. |
| logistics hub n | a central location where goods are collected, sorted and redistributed The province aims to become a regional logistics hub near the border. |
| customs bond n | a guarantee ensuring an importer will pay duties and follow rules Importers must post a customs bond before clearing goods. |
| shipping instructions n | details the shipper gives the carrier for preparing the bill of lading Please send the shipping instructions before Thursday so the bill of lading is correct. |
| customs valuation n | the method of determining the value of goods for duty purposes Customs valuation is normally based on the transaction value of the goods. |
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