Shipping and Logistics Glossary for Global Trade

A Block Space Agreement (BSA) is a contract between a freight forwarder and an airline. It secures a fixed amount of air cargo space on specific flights or routes for...

Deconsolidation is the process of breaking down a consolidated shipment, usually involving LCL (Less than Container Load) cargo. At origin, freight forwarders consolidate multiple LCL shipments into a single container....

Detention, also called per diem, is a fee that carriers may charge when a shipping container remains outside the port or terminal beyond the allowed free time.For import shipments, the...

A Customs Procedure Code (CPC) is an alphanumeric code used by customs authorities, such as HMRC in the UK. These codes indicate the reason for an import or export and...

The country of origin refers to the country where a product is manufactured, assembled, or substantially transformed. It plays a crucial role in international trade by affecting import duties, trade...

The Commerce Control List (CCL) is a regulatory tool used by the U.S. Department of Commerce to decide whether an item requires an export license.It includes a detailed list of...