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

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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 · 144–156 of 189

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Forwarding08-Sep-20236 min read

Streamline Your Freight Invoicing Process with gama Efficient Solutions

Freight invoicing software is necessary for freight forwarders, who’re dealing with the increasing demand of services. Automated freight invoices are faster, more accurate, and contribute to a sustainable freight system.

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Software & AI01-Sep-20236 min read
The Data Landscape: Understanding What You Can Get Now and What You'll Need from Your Digital Provider
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Software & AI01-Sep-20237 min read
Revolutionizing Logistics: The Power of Technology for Real-time Automated Shipment Tracking
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Forwarding01-Sep-20236 min read
Real-Time Tracking in Freight Forwarding: Ensuring Smooth Shipments and Enhanced Visibility
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Forwarding01-Sep-20236 min read
The Road to Sustainability: Minimizing Environmental Impact in Logistics
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Ocean01-Sep-20236 min read
How to Track Your Ocean Container in Real-Time: A Comprehensive Guide
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Forwarding15-Aug-20236 min read
Data Analytics Tools in Logistics: Unleashing the Power of Data for Efficient Supply Chains
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Software & AI15-Aug-20236 min read
The Benefits of Logistics Automation: Streamlining Operations for Success
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Ocean15-Aug-20236 min read
Understanding Your Ocean Freight Invoice: A Comprehensive Guide
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Ocean03-Aug-20236 min read
Navigating Container Shipments: Unraveling the Top 5 Challenges in Logistics
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Forwarding24-Jul-20236 min read
Real-Time Shipment Tracking: The Key to Streamlined Logistics and On-Time Deliveries
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Forwarding18-Apr-20233 min read
April Freight Forwarders Update
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Software & AI03-Apr-20231 min read
What Technology Is Necessary for a Modern Freight Fowarder?

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See Gama in your freight workflow

Book a demo of Gama with your own trade lanes.

Book a tailored demo

Streamline Your Freight Invoicing Process with gama Efficient Solutions

The Data Landscape: Understanding What You Can Get Now and What You'll Need from Your Digital Provider

Revolutionizing Logistics: The Power of Technology for Real-time Automated Shipment Tracking

Real-Time Tracking in Freight Forwarding: Ensuring Smooth Shipments and Enhanced Visibility

The Road to Sustainability: Minimizing Environmental Impact in Logistics

How to Track Your Ocean Container in Real-Time: A Comprehensive Guide

Data Analytics Tools in Logistics: Unleashing the Power of Data for Efficient Supply Chains

The Benefits of Logistics Automation: Streamlining Operations for Success

Understanding Your Ocean Freight Invoice: A Comprehensive Guide

Navigating Container Shipments: Unraveling the Top 5 Challenges in Logistics

Real-Time Shipment Tracking: The Key to Streamlined Logistics and On-Time Deliveries

April Freight Forwarders Update

What Technology Is Necessary for a Modern Freight Fowarder?

See Gama in your freight workflow