Agreed Weight: Definition & Guide for 2026
In short ⚡ Agreed Weight is a predetermined weight value established between shipper and carrier for billing purposes, used when actual weighing is impractical or
Agreed Valuation: Definition & Guide for 2026
In short ⚡ Agreed valuation is a predetermined customs value established between an importer and customs authorities before goods cross borders. This fixed valuation method
Agent (Agt.): Definition & Roles in Logistics for 2026
In short ⚡ An agent (Agt.) in international logistics is an intermediary who acts on behalf of a principal (shipper, consignee, or carrier) to facilitate
AFT (Available For Transfer) : Definition & Guide in 2026
In short ⚡ AFT (Available For Transfer) is a shipping status indicating that a container has been unloaded from the vessel and is ready for
Contract of Affreightment: Definition & Guide for 2026
In short ⚡ A Contract of Affreightment (COA) is a maritime agreement between a shipper and a carrier for transporting multiple cargo shipments over a
Aframax Tanker: Definition & Specifications in 2026
In short ⚡ An Aframax tanker is a medium-sized crude oil vessel with a deadweight tonnage (DWT) between 80,000 and 120,000 tons. Designed for flexibility,
Advising Bank: Definition & Role in Trade in 2026
In short ⚡ An advising bank is a financial institution that notifies an exporter of a letter of credit (LC) issued by a foreign buyer’s
Advice of Shipment: Definition & Guide for 2026
In short ⚡ Advice of Shipment is a formal notification sent by the seller or freight forwarder to the buyer confirming that goods have been
Adventure in Logistics: Definition & Guide for 2026
In short ⚡ Adventure in logistics refers to unforeseen events or incidents during transport that may result in damage, loss, or delays to cargo. This
Any Quantity (A.Q.): Definition & Guide for 2026
In short ⚡ Any Quantity (A.Q.) is a shipping term indicating that a freight rate applies regardless of cargo volume or weight. Unlike tiered pricing