Air freight terms:

AWB – Air Waybill

CHC – Handling Airline Charges

CHA – Handling Agent Charges

FSC – Fuel Surcharge

SSC – Security Surcharge

INC – Insurance Charges

CC – Charges Collect

PP – Charges Prepaid

DGR – Dangerous Goods Regulations

IATA – International Air Transport Association

L/C – Letter of Credit

LAR – Live Animal Regulations

NCV – No Customs Value

NVD – No Value Declared for Carriage

TACT – The Air Cargo Tariff

VAL – Valuable Cargo

Sea freight terms:

BAF – Bunker Adjustment Factor

B/L – Bill of Lading

CAF – Currency Adjustment Factor

CY – Container Yard

CFS – Container Freight Station

D/F – Documents Fee

FCL – Full Container Load

FI / LI – Free In / Liner In

FO / LO – Free Out / Liner Out

FIO / LIO – Free In and Out / Liner In and Out

IMO – International Maritime Organization

ISPS – The International Ship and Port Facility Code

LCL – Less than Container Load

M/T – Metric Tons

NVOCC – Non-vessel-operating common carrier

O/F – Ocean Freight

PSS – Peak Season Surcharge

RO/RO Vessels – Roll On / Roll Off Vessels

TEU – Twenty Foot Equivalent Unit

THC – Terminal Handling Charges