Terms used in freight forwarding such as consignor,consol docs,consolidation,consolidator ,constructed rate

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Terms used in freight forwarding such as consignor,consol docs,consolidation,consolidator ,constructed rate etc.


This post explains about terms used in freight forwarding such as consignment, consignor,consol docs,consolidation,consolidator ,constructed rate, constructive total loss, consumption entry ,container,container freight station,container depot etc.These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.


Terms used in freight forwarding


Consignment Note:A document prepared by the shipper and comprising a transport contract. It contains details of the consignment to be carried to the port of loading and it is signed by the inland carrier as proof of receipt.




Consignment/Shipment (shpt):one or more pieces of goods accepted by the carrier from one shipper at one time and at one address, receipted for in one lot and moving on one waybill to one consignee at one destination address.


Terms used in freight forwarding such as consignor,consol docs,consolidation,consolidator ,constructed rate etcCONSIGNMENT: See "Shipment".


CONSIGNMENT:Merchandise shipped to a foreign agent or customer when an actual purchase has not been made, but under an agreement obliging the consignee to pay the consignor for the goods when sold.


CONSIGNOR - The person or company shown on the bill of lading or air bill as the shipper.


Consignor/Shipper (Shpr):a person or firm that sends freight/originates the shipment of goods. A freight originator.


Consignor: The party who originates a shipment of goods (shipper). The sender of a freight shipment, usually the seller.


Consignor: The sender of the goods.


Consignor:The name of the entity shipping the goods at the place or origin. Often referred to as the "shipper."


Consignor:To group and stuff several shipments together in one container.


CONSOL - Consolidation. When the cargo from two or more shippers is loaded into the same container or on the same pallet and tendered together to the carrier as one shipment on one MAWB or MBL.


CONSOL DOCS - Consolidation Documents. The documents that are sent to the overseas agent to release the consolidation container from the steamship line or air carrier and clear it through Customs.


Consol -see Consolidation


Consolidated Cargo:Cargo containing shipments of two or more shippers, usually shipped by a firm called a consolidator. The consolidator takes advantage of lower FCL rates, and savings are passed on to shippers.


Consolidated Container:Container stuffed with several shipments (consignments) from different shippers for delivery to one or more consignees.


Consolidation- Containers with multiple shippers and/or consignees. Multiple LCL shipments loaded on a single container.


CONSOLIDATION LIST MESSAGE (FHL): A standard CargoIMP message identifier used to provide a "Check-list" of House Waybills (HAWB's) associated with a Master Air Waybill (MAWB)


Consolidation Point:Location where consolidation of consignments takes place.


Consolidation:bringing together two or more small shipments, often from different shippers, into large shipment quantities, in order to take advantage of economies of scale in transportation costs. Container load shipments may be consolidated for one or more consignees. In-vehicle consolidation is when a vehicle makes pickups from many customers and consolidates freight inside the vehicle. Out-of-vehicle consolidation occurs at a terminal facility; shipments to a single customer/region are consolidated before shipment.


Consolidation:The grouping together of smaller consignments of goods into a large consignment for carriage as a larger unit in order to obtain a reduced rate.


Consolidation:Where a freight forwarder groups, or consolidates, one or more shipments for one or more shippers to the one destination as one overall shipment. (See also House B/L and Master B/L).


Consolidator - A person or firm performing a consolidation service for others. The consolidator is able to receive shipments destined for one consignee from multiple suppliers, consolidating them to ship together.


CONSORTIUM :Group of shipping lines, normally members of a liner conference who pool their ships and other resources to provide a combined service in a particular trade.


Constructed Rate -A construction of published IATA rates that are eligible for combination.




Constructive Total Loss-A constructive total loss occurs when:1. The insured property has been reasonably abandoned because an actual total loss appears to be unavoidable.2. To prevent an actual total loss it would be necessary to incur expenditure which would exceed the total value of property after the expenditure.In marine insurance, to establish a claim for constructive total loss the assured must give notice of abandonment, and surrender rights to the remaining property,to the underwriters. Failure to do so would result in the claim being treated as a partial loss only.


CONSULAR DOCUMENTS:Bills of lading, certificates of origin or special invoice forms that are officially signed by the consul of the country of destination.


Consular Invoice:Prepared from the information on the commercial invoice by the buyer's consulate or embassy in the shipper's country, these documents are usually stamped with an official seal. They may be specific forms required by the destination country's government or simply copies of the Commercial Invoice. Consular Invoices are required for control of certain commodities and to ensure valuation control.


Consularization:A document certified by the Consular of some foreign countries verifying the value, quantity and nature of a shipment.


Consumption Entry - A form required by U.S. Customs for entering goods into the U.S. The form contains information as to the origin of the cargo, a description of the merchandise, and estimated duties applicable to the particular commodity. Estimated duties must be paid when the entry is filed.


Consumption Entry :An Entry for use in the United States that is submitted to Customs for the purpose of clearing the goods into the USA


Container - A truck trailer body that can be detached from the chassis for loading into a vessel, a rail car or stacked in a container depot. Containers may be ventilated, insulated, refrigerated, flat rack, vehicle rack, open top, bulk liquid or equipped with interior devices. A container may be 20 feet, 40 feet, 45 feet, 48 feet or 53 feet in length, 7’8” in width, and 8'6" or 9'6" in height. See Container Specifications.

Container Base -See Container Freight Station


Container Check Digit:The 7th digit of the serial number of a container used to check whether prefix and serial number are correct.


Container Depot:Storage area for empty containers.


Container Freight Station - A shipping dock where cargo is loaded ("stuffed” (cont stuffing)) into or unloaded ("stripped") from containers. Generally, this involves less than container load shipments (LCL), although small shipments destined to same consignee are often consolidated. Container reloading from/to rail or motor carrier equipment is a typical activity.


Container Freight Station(CFS)-Other names: container base; consolidation depot; depot; also Break Bulk depot for import cargo. It is a facility where the carrier receives and groups parcels ofcompatible loose cargo and packs it into containers; or, for import cargo, a facility where goods are unpacked from containers.


Container freight station:a dedicated port or container terminal area, usually consisting of one or more sheds or warehouses and uncovered storage areas where cargo is loaded (“stuffed”) into or unloaded (“stripped”) from containers and may be temporarily stored in the sheds or warehouses.


Container Gross Weight:Refer to "Gross Weight".

The above details describes about terms called in freight forwarding such as consignment, consignor,consol docs,consolidation,consolidator ,constructed rate, constructive total loss, consumption entry ,container,container freight station,container depot etc.These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in overseas trade below this post. Terms used in freight forwarding such as commercial set,commodity,common carrier,compliance checking


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