Glossary of Terms - F
FMC
Federal Maritime Commission (USA)FTL
Full Truck Load.Feeder
A vessel normally used for local or coastal transport (for carriage of cargo and/or containers) to and from ports not scheduled to be called by the main (ocean) vessel, directly connecting these ports to the main (ocean) vessel.Ferry
Ship carrying passengers and or vehicles engaged in regular short voyages, e.g. across a river or narrow body of water, between two or more places or ports.�Fifth Wheel
Circular or wheel-shaped bearing mechanism, secured on the rear of the chassis of a truck- tractor that engages the semi-trailer king pin with a spring lock device and supports the weight of the front end of the semi-trailer.Flash Point
The lowest temperature at which a good produces enough vapour to form a flammable mixture with air.Flat
See Flat RackFlat Bed Trailer
A wheeled trailer or a semi-trailer with a flat cargo carrying surface or deck and without any superstructure.Flat Pack
Garments packed in cardboard boxes.Flat Rack Container
A container with two end walls and open sides.Forty Foot Equivalent Unit (FEU)
Unit of measurement equivalent to One forty foot container.Forwarder
The party arranging the carriage of goods including connected services and/or associated formalities on behalf of a shipper or consignee.Four Way Pallet
A pallet frame which allows fork lift access at each of the four sides.Free In and Out (FIO)
A chartering term denoting that the freight rate excludes the costs of loading and discharging and, if appropriate, stowage and lashing.Free Port
An international port or an area within an international port at which, crew, passengers, baggage, cargo, mail and stores may be disembarked or unloaded, may remain and may be transhipped, without being subjected to any customs charges or duties. (Examination is possible for instance to meet security or narcotics control requirements.) Source: IMO.Free Trade Zone (FTZ)
A part of the territory of a state where any goods introduced are generally regarded, in so far as import duties and taxes are concerned, as being exempted (Kyoto Convention).Freight All Kinds (FAK)
Freight, which is charged irrespective of the commodity.Freight Collect
Freight and charges to be paid by the consignee.Freight Container
See ContainerFreight Costs
Costs incurred by the merchant in moving goods, by whatever means, from one place to another under the terms of the contract of carriage. In addition to transport costs this may include such elements as packing, documentation, loading, unloading and transport insurance.Freight Forwarder
See ForwarderFreight Prepaid
Freight and charges to be paid by the consignor.Freight Tonne
A unit for freighting cargo according to weight and/or cubic measurement.Full Container Load (FCL)
A container stuffed or stripped under risk and for account of the shipper and/or the consignee.A general reference for identifying container loads of cargo loaded and/or discharged at merchants' premises.