Welcome to TradeFord.com, Join Free | Sign In | Premium Services
Home Forum Business Commonly Used International Shipping Terms

Commonly Used International Shipping Terms

It took me a long time to understand shipping terms and jargon such as CIF, L/C, AWB etc etc. Now, I have good collection of terms and I think this the best time that I should share my collection here.

AWB - Air waybill
BCL - Bank Confirmation Letter
B/L or BOL - Bill of Lading
CIF - Cost, Insurance, Freight
COD - Cash on delivery
COGS - Cost of Goods Sold
DDP - Delivered Duty Paid
L/C - Letter of Credit
LOI - Letter of Intent
NAFTA - North American Free Trade Agreement
NCND(A) - Non-Circumvention Non-Disclosure (Agreement)
P.O.D. - Proof of Delivery
POD - Proof of Deposit
T/T - Telegraphic Transfer
Commonly Used International Shipping Terms

Posted by: Muji on Feb 14 2012

Tags: Business

TradeFord.com is a growing B2B Trade Directory and Marketplace connecting global Importers, Exporters, Manufacturers and Traders at a reliable, common platform.

Let TradeFord.com match your sourcing needs with suitable supplier or manufacturer. Just fillout RFQ form and start getting quotations only from suitable supplier.

Wanted to learn How to Trade? Need advise for launching a new products? Whatever is in your mind... Click below to post a topic and start interacting with Trade Community!