Related glossary terms

  • Consignee

    Consignee is the party named on the bill of lading to receive the shipment. Learn responsibilities, customs roles, and how consignee differs from notify.

  • Freight Forwarder

    Freight Forwarder is a company or individual that arranges cargo transportation on behalf of shippers, coordinating carriers, documentation, and customs…

  • Bill of Lading (BOL)

    A bill of lading (BOL) is a legal document serving as a cargo receipt, title document, and shipping contract. Learn the types and how it differs from a waybill.

  • BCO (Beneficial Cargo Owners)

    A beneficial cargo owner (BCO) is the actual owner of imported goods who books directly with ocean carriers. Learn how BCOs differ from NVOCCs and manage costs.

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