FTL: Full Truckload

FTL: Full Truckload

GLOSSARY FTL: Full Truckload What does full truckload mean? FTL trucking, or full truckload, is a transportation mode where cargo is transported in a truck trailer that has been fully loaded. This means that the trailer is carrying as much freight as it can hold,...
Demurrage

Demurrage

GLOSSARY Demurrage Demurrage is a charge payable to the owner of a chartered ship in respect of failure to load or discharge the ship within the time agreed. Ready to digitize and modernize your shipping operations?See how Magaya can help. SCHEDULE A CONSULTATION...
ABI: Automated Broker Interface

ABI: Automated Broker Interface

GLOSSARY ABI: Automated Broker Interface The Automated Broker Interface (ABI) is an electronic data interchange system that allows for the efficient exchange of information between customs brokers and the U.S. Customs and Border Protection agency. Ready to digitize...
FCL: Full Container Load

FCL: Full Container Load

GLOSSARY FCL: Full Container Load In shipping, the abbreviation FCL stands for Full Container Load, a shipment type that does not share a container with other shippers; it takes up the complete container. In an FCL shipment, just one shipper is the owner of all the...
LCL: Less Than Container Load

LCL: Less Than Container Load

GLOSSARY LCL: Less Than Container Load What does less than container load mean? Usually abbreviated as LCL, less than a container load is a method of ocean shipping whereby multiple shippers’ loads will occupy a single container. You can consider shipping LCL if...
Last Mile Delivery

Last Mile Delivery

GLOSSARY Last Mile Delivery What is last mile delivery? The transportation of goods from a distribution hub to the final delivery destination, usually the end customer’s door, is referred to as “last mile delivery,” also sometimes called “last...
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