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3PL Third-party logistics. 3PL in logistics and supply chain management is an organisation's use of third parties to whom they outsource elements of its distribution, warehousing etc. DSV is primarily considered a third-party logistics provider. WCA World Cargo Airline, WCAworld is the world’s largest and most powerful network of independent freight forwarders, with over 10,620 member offices in 192 countries around the world. Bonded warehousing A type of warehousing in which companies place goods in storage without paying taxes or tariffs until the goods are ready for onward distribution. Dangerous goods Dangerous goods are substances or articles that pose a risk to people, property or the environment, due to their chemical or physical properties. Dangerous goods are often confused with hazardous cargo, which relates to a slightly different risk. See hazardous cargo. FCL FCL (Full Container Load), or full container: the client's goods are transported in a filled and sealed container; LCL LCL (Less than Container Load) or grouped shipment: the client's goods are not numerous enough to fill a container, and the goods of several clients are put into one container. Incoterms 'Incoterms' is the short and snappy way of saying International Commercial Terms. WMS A warehouse management system is a set of policies and processes intended to organise the work of a warehouse or distribution centre and ensure that such a facility can operate efficiently and meet its objectives. ETA Estimated time of arrival B/L A bill of lading is a document issued by a carrier to acknowledge receipt of cargo for shipment. Although the term historically related only to carriage by sea, a bill of lading may today be used for any type of carriage of goods. MAWB MAWB stands for Master Air Waybill. The document is issued by a carrier to a freight forwarder upon receiving a shipment to be delivered to a named location as agreed in the shipping terms. Generally, the shipping process starts with a shipper who delivers goods to the forwarder. HAWB HAWB stands for House Air Waybill, which is issued by a freight forwarder to a shipper after the receipt of a shipment. HAWB signifies a confirmation that the forwarder is to deliver the shipper's goods to an agreed named place.
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