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List of Important Acronyms That You Should Know About Freight Forwarding

List of Important Acronyms That You Should Know About Freight Forwarding

The world of international logistics and freight forwarding is full of acronyms and abbreviations. It becomes tough for an individual to have a hold on all of them and know them thoroughly. Hence, we have tried listing out the most important ones for your help along with their meanings.

AES: Automated Export System

This automated system is mostly used by the exporters of the United States where they are able to electronically declare their international exports. They declare it to the census bureau to help the nation have a compilation of export and trade statistics. 

Air waybill

Air waybill or AWB is a piece of document which is accompanied with the goods shipped. This is a necessary step in the international courier system and one can get detailed information about the shipment through this document. This number also acts as a tracking agent. 

Internal Transaction Number 

The ITN is an AES generated number which is directly assigned to any shipment that needs to cross the border. This number will confirm that the EEI was accepted in the AES portal. 

In this regard, to import goods effortlessly, you need to arrange your Canada ITN number immediately. 

Bill of Lading

This document is issued mostly by the carrier and acts as an acknowledgment receipt for the cargo shipments. 

Certificate of origin 

A certificate of origin is generally needed in international freight forwarding. It is an electronic document or a printed form of it which is certified by the issuing body and completed by the exporter. This document has attested information about the origin, production and manufacturing of the goods that are being shipped. 

Electronic Export Information 

The EEI is automatically filed in the AES. This data is mostly equivalent to the entire exporter’s information, which was earlier collected as SED. 

Pallet list or packing list

A pallet list is a piece of document which will have information about the contents in the shipment. The packing list has the motive to let all the authorities know what is present inside the package. Upon receiving the information, the parties will be able to handle the package accordingly. 

Importer of record

The importer of records is mostly the information that is noted down by the governments. They try to act as the owners or the purchaser of the merchandises, which are being imported into specific destination countries.

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