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Free in and out
Abbreviation: FIO. Condition denoting that the freight rate excludes the costs of loading and discharging and, if appropriate, stowage and lashing.  
Free in Liner out
Abbreviation: FILO. Condition denoting that the freight rate is inclusive of the sea carriage and the cost of discharging, the latter as per the custom of the port. It excludes the cost of loading and, if appropriate, stowage and lashing.  
Free of Particular Average, American Conditions
Abbreviation: FPAAC. Average clause which limits recovery of partial losses to those caused by fire, stranding, sinking or collision.  
Free of Particular Average, English Conditions
Abbreviation: FPAEC. Same as FPAAC except that the partial losses referred to are recoverable if the vessel has stranded, sunk, burned, been on fire or in a collision, regardless of whether such losses were actually caused by any of these perils.  
Free on Board (... Named Port of Shipment)
Abbreviation: FOB. Incoterm Incoterms
Free on Rail
Former Incoterm, today replaced by Free Carrier (FCA). Free Carrier (... Named Place)
Free on Truck
Former Incoterm, today replaced by Free Carrier (FCA). Free Carrier (... Named Place)
Free out
Abbreviation: F.O. Condition indicating that the charterer of a vessel is responsible for the cost of unloading goods from the vessel.  
Free Port
International port or an area within an international port at which crew, passengers, baggage, cargo, mail and stores may be disembarked or unloaded, may remain and may be transshipped, without being subjected to any customs charges or duties. (Examination is possible, e.g. to meet security or narcotics control requirements.)  
Free Pratique
Permission granted by local medical authorities, denoting that the vessel has a clean Bill of Health so that people may embark and disembark.  
Free Trade Zone
Abbreviation: FTZ. Port designated by the government of a country for duty-free entry of any non-prohibited goods. Merchandise may be stored, displayed, used for manufacturing, etc., within the zone and re-exported without duties being paid. Duties are imposed on the merchandise (or items manufactured from the merchandise) only when the goods pass from the zone into an area of the country subject to the Customs Authority.  
Freeboard of a Vessel
Vertical distance from the main deck to the surface of the water measured at the middle of the vessel's length.  
Freight
Costs charged by the carrier for transporting goods.  
Freight All Kinds
Abbreviation: FAK. Tariff structure which is applied irrespective of the commodity.  
Freight Collect
Freight and charges are paid by the consignee.  
Freight Costs
Costs incurred by the merchant in moving goods, by whatever means, from one place to another under the terms of the contract of carriage.  
Freight Forwarder
Forwarder
Freight Invoice
Itemized list of costs for freight charges and services rendered. Freight Manifest Cargo Manifest
Freight Prepaid
Freight and charges to be paid by the shipper.  
Freight Ton
Unit for calculating freight amount according to weight and/or cubic measurement. Synonyms: Revenue Ton, Bill of Lading Ton  
Freight Ton Kilometers
Index of average amount of freight carried per kilometer flown.  
Freight Tons Carried
Index of the weight of cargo flown on board the aircraft.  
FTL
Full Truck Load
FTZ
Free Trade Zone
Full Container Load
Abbreviation: FCL. 1. A container stuffed or stripped under risk and for account of the shipper and/or the consignee. 2. A general reference for identifying container loads of cargo loaded and/or discharged at merchants' premises. Less than Container Load



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