Shipping Glossary for Freight, Customs and Logistics

CBP stands for U.S. Customs and Border Protection, a federal law enforcement agency within the U.S. Department of Homeland Security (DHS).CBP protects U.S. borders, regulates international trade, and enforces customs...

A Container Freight Station (CFS) is a warehouse facility near a port that manages less-than-container-load (LCL) cargo. Shippers use a CFS to consolidate multiple small shipments before export or to...

A buyer is the individual or business that purchases goods from a seller. In international trade, the buyer agrees to the purchase terms and may be responsible for arranging transportation,...

Bunker fuel refers to the fuel used to power ships in international maritime transport. The term dates back to the coal-powered era when vessels stored fuel in bunkers. Today, it...

A brokerage fee is a charge imposed by a broker or brokerage firm for facilitating services such as executing trades or providing research and trading platforms.In customs and logistics, a...

A barge is a flat-bottomed, non-self-propelled vessel primarily used for transporting goods via inland waterways such as rivers and canals. Because it lacks an engine, a barge must be towed...