The world of logistics is vast and ever-evolving, with specialized terminology that can be complex and industry-specific. Understanding key logistics terms is essential for effective communication and operational efficiency. Our glossary serves as a comprehensive guide to the essential terms and concepts used in logistics. From commonly used abbreviations to industry-specific jargon, this resource is designed to help you navigate the logistics landscape with confidence.
A
Advanced Shipment Notice (ASN)
B
C
Consignment/Consignor/Consignee
D
E
Electronic Data Interchange (EDI)
European Union Emission Trading System (EU ETS)
F
G
General Agreement on Tariffs and Trade (GATT)
Global Manufacturing Purchasing Managers’ Index (PMI)
H
I
J
K
Key Performance Indicator (KPI)
L
Less than Container Load (LCL)
M
N
NVOCC (Non-Vessel Operating Common Carrier)
O
P
Q
R
S
T
Transportation Management System (TMS)
Twenty-Foot Equivalent Unit (TEU)