Glossary of logistcs terms

Since all the terms are used in international business, the glossary is available in English language only.

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Place of Acceptance
Place of Receipt
Place of Delivery
Location where a consignment (shipment) is delivered to the consignee viz. the place where the carrier's liability ends for the transport venture.  
Place of Receipt
Location where a consignment (shipment) is received by the carrier from the shipper viz. the place where the carrier's liability for transport venture commences. Place of Acceptance
Activity of positioning an object or goods in a chosen location or position. Displacement
Setting of goals over a certain time and determining the methods for achieving these goals as well as the resources used.  
Area on an airport where aircraft are parked for embarkation and/or loading and discharging purposes. ApronRamp
Platform Body
Truck or trailer with a floor but no ends, sides or top.  
Platform Handling
All activities connected with an aircraft during the time it is on the platform. Ramp Handling
Plimsoll Mark
Mark, welded on both sides of the vessel, which gives the limit to which a vessel may be loaded, depending on the specific gravity of the water in which the vessel is situated.  
Point Value
Point value is the relative value of an empty container of a certain size and type in a depot location. The system serves to quantify the imbalance costs resulting from a full container move and are the result of empty optimization calculations. Point values are created on forecasted container flows between depot locations. They are calculated taking into account the forecasted imbalances plus repositioning, storage and container costs for empty moves and expressed in USD. Note: In the various computer systems point values are used to calculate the imbalance charge or credit for a particular container flow. This charge or credit is the difference in point values between start and end depot location.  
Point-to-Point Transport
House-to House Transport
Political Risk
In export financing, the risk of loss due to currency inconvertibility, government action preventing entry of goods, expropriation or confiscation, and war.  
Vessel with flat deck and a shallow draft. Floating Crane
Shared use of e.g. equipment by a number of companies that also share the investment required. European Pallet Pool
Aft part of a vessel where the steering engine is located.  
1. Harbor with facilities for vessels to moor and load or discharge. 2. Left side of a vessel when facing towards the front or forward end.  
Port of Discharge
Port where the cargo is discharged from the ocean- going vessel.  
Port of Loading
Port where the cargo is loaded on board the ocean -going vessel.  
Portal Crane
Type of gantry crane with vertical legs of sufficient height and width to permit vehicles or railroad equipment to pass between the legs.  
Record of a vessel's actual arrival and departure time, used tugs, draft, deadweight, quantity of discharged and loaded goods/containers and any other important particulars. Log Book
Transport of empty equipment from a depot to shipper's premises or from consignee's premises back to a depot as the empty leg of a carrier haulage transport.  
Postal Code
National code maintained by the Postal Authorities designed to indicate areas and accumulated addresses to facilitate sorting and the delivery of mail and other goods. Zone Improvement Plan
Carriage of goods (containers) by any mode of transport from the place of receipt to the port of loading.  
Carrier by which the goods are moved prior to the main transport.  
Pre-Shipment Inspection
Abbreviation: PSI. Checking of goods before shipment for the purpose of determining the quantity and/or quality of said goods by an independent surveyor (inspection company). The inspection can also be for the purpose of determining whether the price charged for certain goods is correct, a practice used by some countries.  

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