Look up all terms and definitions used in transport en logistics.
Managed Transportation Services Solutions (Managed TMS) involve shippers outsourcing their Freight and logistics processes to a third party logistics (3PL) provider. Managed Transportation services is all about empowering the Shipper with choice and creating true partnerships between a logistics service provider and […]
Read MoreMarketplace fulfillment is when the platform you’re selling on handles your order Fulfillment process. This means they warehouse it, pick it, package it, ship it out, and take care of any returns. Some marketplaces, like Amazon, will even handle your customer […]
Read MoreA master carton holds multiple units of the same SKU. Shipping products in a master carton help the customer save money by consolidating the shipment. Disclaimer Our content is not in any way legal advice or binding. The information provided […]
Read MoreA Material Safety Data Sheet (MSDS), also referred to as a safety data sheet or product safety data sheet, is a document that contains information on the potential hazards (health, fire, reactivity and environmental) and how to work safely with […]
Read MoreIn case you want avoid paying duties and import taxes when you only export-import goods temporary, you might want to use an ATA Carnet ( also known as Merchandise Passports or Passports for Goods). A Carnet or ATA Carnet (pronounced […]
Read MoreMost-favoured-nation (MFN) implies treating other people equally Under the WTO agreements, countries cannot normally discriminate between their trading partners. Grant someone a special favour (such as a lower customs duty rate for one of their products) and you have to […]
Read MoreMicro logistics relates to the introduction of urban facilities that are developed at a very small scale. Its purpose can be various, including holding local stock close to consumers; loading and charging of alternative goods delivery vehicles (e.g. cargo-bikes, electric […]
Read MoreWhere a Fulfillment partner handles the storage, packaging, and Shipping of a consolidated inventory of products that are sold on various online channels ( for example direct-to-retail, direct-to-consumer, business-to-consumer, distributor, wholesaler). Disclaimer Our content is not in any way legal […]
Read MoreMulti-Modal or Intermodal means that a shipment travels on more than one mode. Modes being truck, train, ship, airplane or pipeline. The use of intermodal containers makes this practical, as the Freight does not have to be “trans-loaded” between modes. […]
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