Terms Starting with "B"
16 shipping and logistics definitions
Bill of Lading - The primary document in ocean shipping serving three functions: contract of carriage, receipt for goods, and document of title. The B...
Read definition →Bunker Adjustment Factor - A floating surcharge applied by carriers to compensate for fluctuations in fuel costs. BAF increases when international fue...
Read definition →Bill of Lading Charges for issuing and processing the ocean Bill of Lading, including document preparation, data entry, and system processing.
Read definition →Bill of Lading Fee charged for preparing and issuing the Bill of Lading as the transport document. This is a standard charge per shipment.
Read definition →Bill of Lading Fee Digital - Fee for issuing an electronic Bill of Lading (eBL). Electronic B/Ls offer faster, more secure, and environmentally friend...
Read definition →Bill of Lading Fee in USD including applicable taxes (KDV). Denominated in U.S. dollars for international settlement.
Read definition →Bond in Force fee - Equivalent to import duty guarantee. When importers need to release cargo before paying duties, they must provide a customs bond....
Read definition →Bill of Lading Amendment fee charged when modifications are required to an already-issued B/L, including changes to consignee, cargo description, or d...
Read definition →Bolero Bill of Lading Surrender Fee for surrendering an electronic Bolero B/L at destination. Bolero is a widely recognized electronic B/L platform en...
Read definition →Bolero Bill of Lading Release Fee for releasing an electronic Bolero B/L at origin through the secure electronic platform.
Read definition →Bill of Lading Surrender Fee (Telex Release). Charged when the shipper chooses to surrender the original B/L at origin, allowing the consignee to coll...
Read definition →Express Bill of Lading Fee for issuing an Express B/L that allows cargo release at destination without the original document. Typically used for intra...
Read definition →Bill of Lading Fee - Standard fee for issuing and processing an ocean Bill of Lading.
Read definition →Bunker Recovery Adjustment Factor - A fuel cost recovery surcharge similar to BAF, applied to compensate for bunker fuel price fluctuations. Rates are...
Read definition →Booking Services fee for space reservation services including booking confirmation, schedule inquiry, rate quotation, and documentation.
Read definition →Bunker Surcharge NOS (Not Otherwise Specified) - General fuel surcharge to cover vessel bunker costs.
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