Glossary of Terms
20/12/2023
Glossary of Terms
| LCL | Less than full Container Load |
| FCL | Full Container Load |
| CFS | Container Freight Station (Depot) |
| CY | Container Yard (Wharf) |
| FAK | Freight all Kinds |
| 20’ | Standard 20 foot long international container = 1 TEU |
| 40’ | Standard 40 foot long international container = 2 TEU or 1 FEU |
| TEU | 1 Twenty Foot Equivalent Unit |
| FEU | 1 Forty Foot Equivalent Unit |
| lbs. | Pounds – 2.204lbs = 1kg. |
| cft. | Cubic feet – 35.315 cubic feet =1 cubic metre |
| kg. | Kilogram – 1000kg = 1 tonne |
| cbm/m3 | Cubic Metre |
| Ex Works | Buyer bears all costs of transportation from seller’s premises |
| FOB | Seller responsible for costs up to Free On Board ship |
| C&F/CIF | Costs & Freight / Cost Insurance & Freight, seller responsible for costs to bring goods to named destination. Buyer’s responsibility for costs commences at ships rail |
| FIS | Free In Store – Sellers responsibility for all costs, including duty, for delivery into Buyers premises |
| DO | Delivery Order |
| APCA | Australian Port Charges Additional |
| CAF | Currency Adjustment Factor |
| BAF | Bunker Adjustment Factor |
| CABAF | Currency Adjustment Factor + Bunker Adjustment Factor |
| THC | Terminal Handling Charge |
| TRC | Terminal Receiving Charge |