Logistics Terminology
Select a letter from the alphabet below to view a breakdown of the logistics terminology you may encounter when dealing with Woodland.
-
B -
C -
D -
E -
F -
G -
H -
I -
K -
L -
M -
N -
O -
P -
R -
S -
T -
U -
W -
Z
AAR
Abbreviation for Against All Risks (insurance clause).
Abandon
A proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo.
Act of God
An act beyond human control, such as lightning, flood or earthquake.
Ad Valorem
A term from Latin meaning, "according to value."
Advice of Shipment
A notice sent to a local or foreign buyer advising that shipment has gone forward and containing details of packing, routing, etc. A copy of the invoice is often enclosed and, if desired, a copy of the bill of lading.
Advising Bank
A bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank.
-->>
