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One connected logistics platform for rates, quotations, bookings, operations, documentation, CRM, visibility and finance.

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Salessales@gamasuite.com
+1 469 595-9661
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Office hours by region

Offices

USA
2425 N. Central Expy., Suite 700, Richardson, TX 75080, USA
UAE
Shipping Tower, Al Raffa Mina, Bur Dubai, UAE
Pakistan
Suite #225, NASTP (Silicon) House, Shahra-e-Faisal, Karachi, Pakistan

Freight terms, explained

A quick guide to the terms used throughout the platform.

AI: Artificial intelligence
CRM: Customer relationship management
TMS: Transportation management system
ERP: Enterprise resource planning
RFQ: Request for quotation
NVOCC: Non-vessel-operating common carrier
BCO: Beneficial cargo owner
FCL: Full container load
LCL: Less than container load
LTL: Less than truckload
BL: Bill of lading
HBL: House bill of lading
MBL: Master bill of lading
AWB: Air waybill
HAWB: House air waybill
MAWB: Master air waybill
PO: Purchase order
ETA: Estimated time of arrival
WIP: Work in progress
AR: Accounts receivable
AP: Accounts payable
FX: Foreign exchange
THC: Terminal handling charge
FOB: Free on board
40HC: 40-foot high-cube container
CBM: Cubic meters
BI: Business intelligence

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Freight Technology Blog · Gama

Gama blog

Freight, technology and trade

Guides, industry news and insights for freight forwarders, shippers and logistics teams.

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189 articles · 118–130 of 189

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Software & AI22-Jan-20246 min read

How Freight Tracking Software Saves Costs and Boosts Revenue

Automation in logistics tracking system can save time and reduce cost. Freight tracking software speeds up the daily processes. Real time tracking prevents order delays and plans the best routes.

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Software & AI22-Jan-20246 min read
Optimizing Freight Forwarding with TMS Integration
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Software & AI22-Jan-20246 min read
How Freight Forwarding Software Improves Rate Management to Satisfy Customers
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Software & AI22-Jan-20246 min read
How Logistics Software Increases Security in Freight Forwarding
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Software & AI22-Jan-20246 min read
How Freight Tracking Software Improves Route Management for Freight Forwarders
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Software & AI22-Jan-20246 min read
Freight Forwarding Software for Every Aspect of Business
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Software & AI30-Nov-20236 min read
Optimizing Supply Chain Operations with Advanced Freight Software
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Software & AI30-Nov-20236 min read
8 Must-Have Characteristics of Effective Freight Forwarding Software
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Software & AI21-Nov-20236 min read
How to Become a Top Freight Forwarder Through Digital Transformation in 2023
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Software & AI21-Nov-20236 min read
How Freight Logistics Software is Revolutionizing the Supply Chain
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Forwarding21-Nov-20236 min read
How to Improve Freight Forwarding Using Transportation Management System Integration
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Forwarding21-Nov-20236 min read
What are the most popular types of freight forwarding services?
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Software & AI21-Nov-20236 min read
Prevent Delays with Freight Logistics Automation: How Freight Forwarding Software Increases Operational Speed