Dwell Time

Daily Rate

Applicable Rule

Demurrage Charges

Detention

Real-Time Visibility

Pre-Alert / Arrival Notice

ETA (Estimated Time of Arrival)

Federal Maritime Commission (FMC)

FCL (Full Container Load)

Commercial Invoice

Container Milestones

Customs broker

Freight Forwarder

Bill of Lading (BOL)

Container Number(s)

Allowed Free Time

Total Amount Due:

Carrier’s Performance Statement

Accrual

Activity-Based Planning (ABP)

Activity-Based Management (ABM)

Embargo

Actual to Theoretical Cycle Time

Ad Valorem Freight

Ad Valorem

Administrative Monetary Penalty System (AMPS)

Affreightment Contract of

Agent (Agt.)

Advanced Planning and Scheduling (APS)

Air waybill

Blanket Purchase Order

Break bulk cargo

Cabotage

Cargo Insurance

Bonded warehouse

Chassis

Also Notify Party

Charter party

CIF (Cost Insurance Freight)

Consolidation

Backhaul

Flat rack container

Exception Rate

Expedited Shipment

Feeder vessel

Free on Board (FOB)

Full Truckload (FTL)

Freight Bill

Electronic Data Interchange (EDI)

Inbound Logistics

Gross Weight

Last-Mile Delivery

Line-Haul Shipment

Just-In-Time (JIT) inventory

Liner service

Firm Code

Lead Time

Order Fulfillment

Lift-on/Lift-off (LoLo)

Logistics Management

Paperless Trade

Ocean Freight

Manifest

Must-Arrive-By Date (MABD)

Place of Receipt

Reefer

Slow Steaming

Supply Chain Visibility

Storage

Arrival notice

Last Free Day (LFD)

Arbitration

BCO (Beneficial Cargo Owners)

Carrier

Marine Terminal Operators (MTO)

Certificate of Origin (C/O)

Terminal

Container Discharge

Vessel Tracking

Activity Ratio

Activity-Based Costing Model

Ocean Shipping Reform Act of 2022 OSRA 

Actual Demand

Ad Valorem Duty

Advice of Shipment

Air Freight Forwarder

Advance Material Request

Activity Dictionary

Carrier Booking

Carnet

Bunker adjustment factor (BAF)

Devanning

Drop Trailer

Duty

Harmonized System (HS) code

Flexibility

Drop shipment

Handling Costs

Freetime in logistics refers to the period during which cargo, containers, or equipment can be stored or used without incurring additional charges such as demurrage, detention, or storage fees. This period is granted by carriers, terminal operators, or shipping lines and allows shippers and consignees to load, unload, or move their goods within a specified timeframe at no extra cost. Effective management of freetime is crucial to avoid unnecessary expenses and ensure efficient handling and transportation of cargo within the logistics chain.

The number of days a consignee has to evacuate a container from the port and return the empty container to the Carrier. Freetime could be separate for detention and demurrage or combined for both activities.

Freetime

Freetime

Get your containersback on track

Get your containers
back on track