Glossary

What is a Chassis Split?

A chassis split occurs when a container and its required chassis are located at different facilities. In this case, the trucking company must retrieve the chassis from a separate location,...

What is a Container Load?

A container load refers to cargo transported in a shipping container. There are two main types:Full Container Load (FCL): A single shipper uses the entire container.Less than Container Load (LCL):...

What is a Customs Declaration?

A customs declaration is a formal document that importers or exporters submit to customs authorities. It details the type, quantity, value, and origin of goods entering or leaving a country....

What is Cost, Insurance, and Freight (CIF)?

Cost, Insurance, and Freight (CIF) is an Incoterm used in international trade. Under CIF, the seller pays for the cost of goods, marine insurance, and freight to deliver the cargo...

What is a Carrier in Shipping?

A carrier is a company or individual responsible for physically transporting goods in international trade. It includes shipping lines (for sea freight), airlines (for air freight), and trucking firms (for...

What is Cargo Insurance?

Cargo insurance provides financial protection against loss or damage to goods during international shipping by sea, air, or land. Importers and exporters use it to safeguard their shipments against risks...

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