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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.

News →Events →

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189 articles · 92–104 of 189

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Software & AI25-Apr-20244 min read

Top Questions To Ask When Buying A Freight Forwarding Software

Choose the best shipping software to make work easier, track shipments better, and keep customers happy, without spending too much.

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Industry news25-Apr-20243 min read
Everything You Need to Know About Freight Matching in 2024
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Software & AI24-Apr-20243 min read
Reasons for Shipping Delays and How to Prevent Them with Freight Software
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Software & AI24-Apr-20243 min read
How Freight Forwarding Software Helps in Smart Documentation
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Software & AI26-Mar-20244 min read
Things You Are Missing Without Freight Forwarding Software
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Software & AI26-Mar-20246 min read
How To Impress Your Customers Through Your Freight Logistics Software
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Forwarding25-Mar-20248 min read
8 Ways Freight Forwarding Systems Can Help Freight Forwarders Retain Customers?
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Software & AI25-Mar-20248 min read
What are the benefits of freight forwarding software?
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Software & AI21-Mar-20245 min read
8 Signs It’s Time for You to Find Advanced Freight Forwarding Software
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Forwarding21-Mar-20244 min read
8 Powerful Tips To Improve Your Freight Forwarding Operations
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Forwarding19-Mar-20245 min read
How Real-Time Data is Shaping the Future of Freight Forwarding?
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Industry news12-Mar-20246 min read
How Drones are Reshaping the Supply Chain in 2024
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Software & AI12-Mar-20246 min read
How Freight Technology Helps Manage Supply Chain Disruptions

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