Ocean Freight
Ocean freight refers to the transportation of goods by sea, utilizing container ships, bulk carriers, and other types of vessels. This mode of transport is commonly used for international trade due to its capacity to move large volumes of cargo cost-effectively over long distances.
Related glossary terms
Freight Forwarder
Freight Forwarder is a company or individual that arranges cargo transportation on behalf of shippers, coordinating carriers, documentation, and customs…
FCL (Full Container Load)
FCL is the ocean-shipping mode where one shipper occupies an entire container. Learn FCL vs. LCL trade-offs, when FCL wins on cost, and typical transit times.
LCL (Less than Container Load)
LCL (Less than Container Load) is a shipping method where multiple shippers share a container, making it cost-effective for smaller shipments that don't fill a…
Ocean Shipping Reform Act of 2022 OSRA
Ocean Shipping Reform Act of 2022 (OSRA) is a U.S. federal law that updated ocean shipping regulations to improve transparency and fairness for shippers and…
