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Logistics Terminology

  • Carrier

    Any individual or firm who, through a contract of carriage, undertakes to perform or procure the performance of carriage by...
  • Clearance

    The completion of customs entry requirements resulting in the release of goods from customs authority to the importer.
  • Commercial Invoice

    A required document identifying the transaction between a seller and buyer. The form should have the invoice number, date, shipping...
  • Consignee

    The person or company named on the freight contract to whom goods have been consigned or turned over.
  • Container Yard (CY)

    A facility for holding FCL (full container load) and empty containers that are received from or delivered to consignors or...
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