Glossary of terms used on this site
All
| Term | Definition |
|---|---|
| Air Freight |
A service that provides for the air transportation of goods. This mode of transportation allows for decreased shipping time, low damage ratios and for certain commodities, lower shipping costs. |
| Air Freight Forwarder |
An Air Freight forwarder provides pickup and delivery service to and from the shippers dock. Responsibilities also include consolidating shipments from various shippers into larger units, preparing shipping documentation and tendering freight to the airlines. Forwarders do not generally operate their own aircraft and may be classified as an "indirect air carrier". |
| Air Waybill |
A document issued by a carrier to a shipper that supplies written evidence regarding the receipt of goods, the mode of transportation and the arrangement to deliver goods at the requested destination to the lawful holder of the bill of lading. A standard air waybill accommodates both domestic and international traffic. |
| Aircraft Pallet |
A platform of standard dimensions that is used for assembling goods which is secured by nets and straps prior to being loaded as a unit onto an airplane. Palletizing results in an efficient use of space and improved cargo handling. |
| All-Cargo Aircraft |
An aircraft used for the sole purpose of transporting cargo only, rather than the combination of passengers and cargo. Freight is loaded in the bulk or container on the main or lower deck of the aircraft. |
| All-Risk Insurance |
The broadest form of coverage available, providing protection against all risk of physical loss or damage from any external cause, such as fire collision, pilferage, etc. Does not cover loss or damage due to delay, acts of war, labor strikes, per-shipment conditions, inadequate packaging, or loss of market. All risk insurance of air shipments generally excludes loss due to cold or changes in atmospheric pressure. |
| Aviation and Transportation Security Act |
A bill passed November 2001, to improve aviation security in all modes of transportation. |
| Bill of Lading |
A document issued by a carrier to a shipper, signed by the captain, agent, or owner of a vessel, furnishing written evidence regarding receipt of freight, the conditions on which transportation is made and the date to deliver goods at the prescribed port of destination to the lawful holder of the bill of lading. |
| Billed Weight |
The designated weight shown on an invoice and/or waybill used to calculate freight charges. |
| Bonded Terminal |
An airline terminal that is approved by the U.S. Treasury Department for storage of goods until Customs duties are paid or the goods have been released. |




