Logistics Glossary

The period during which the cargo is physically not moving.

An additional fee charged on freight for voyages to ports with war risk.

A closed or open secure area where products are stored for a certain period depending on need.

A system that records and reports the entire process from acceptance to dispatch of products arriving at the…

A document issued to prove that the responsibility of the goods has transferred to the relevant party when…

An organization acting on behalf of a shipowner at any port, representing them.

“Non-Vessel Operating Common Carrier” (A cargo consolidator that acts as a carrier by legally accepting carrier responsibilities without…