| F |
| A | B | C | D | E | F | G | H | I | K-L | M | N | O | P | Q-R | S | T | U-Z
|
| F.O.B.
(Free on Board) |
The price including cost of loading the
goods for transportation at a specified place. |
| Facsimile |
The transmission of an exact copy of a
document by wire or radio. |
| FAF |
Fuel Adjustment Factor. |
| FCL |
Full Container Load. |
| Federal
Maritime Commission (FMC) |
Regulatory agency responsible for rates
and practices of ocean carriers shipping to and from the United
States. |
| FEU |
40 foot equivalent unit. |
| Flat
Bed |
A type of truck with no side panels on
to which cargo is usually strapped, chained or otherwise attached. |
| Flat
Rack |
Usually a wheel-less piece of equipment
to which a piece of cargo is attached, strapped, or otherwise
secured. Standard size is 20' or 40' long. |
| Foreign
Trade Zone |
A site sanctioned by the U.S. Customs Service
in which imported goods are exempted from duties until withdrawn
for domestic sale or use. Such zones are used for commercial
warehouses or assembly plants. |
| Form
A |
"Form A" refers to an origin declaration
document, required by importers from their foreign suppliers,
to enable the importer to receive favorable Customs duty considerations
for goods imported under the Generalized Systems of Preference
(GSP). The documents may be supplied only by the foreign shipper,
and are not available in the U.S. |
| Form
B |
"Form B" would refer to the U.S. . Exporter's
version of an origin declaration, and is represented by the
U.S./Israel Free Trade area Certificate of Origin used by U.S.
exporters for shipments to Israel. |
| 40
Footer |
A container which is 40 feet in length. |
| Forwarder's
Receipt |
Receipt issued by the appointed forwarder
that goods have been received without exception for export.
Could be used in case of Letter of Credit shipment under Ex-Works
terms of sale. |
| Forwarding |
To ensure and facilitate the passage of
goods from an origin to a destination. |
| Free
Trade Zone |
A port designated by the government of
a country for duty-free entry of any non-prohibited goods. Merchandise
may be sorted, displayed, used for manufacturing, etc., within
the zone and re-exported without duties being paid. Duties are
imposed on the merchandise (or items manufactured from the merchandise)
only when the goods pass from the zone into an area of the country
subject to the Customs authority. |
| Freight
Forwarder |
A firm that represents shippers by arranging
transport and completing documentation required for international
shipping. Some freight forwarders also act as cargo consolidators. |
| Freight
Payable at Destination |
When the ocean freight of a shipment is
paid at the time of delivery at the foreign port. |
| Full
Set Off B/L's |
Usually means the issuance of the three
original's and three copies of the ocean Bill of Lading. This
term is generally accepted by banks and shippers. |
FVD
 |
Full Value Declared. |
