Export License
A government document which permits the “Licensee” to engage in the export of designated goods to certain destinations.
BE ACCURATE worldwide transport solutions > Glossary
Export Rate
A rate published on traffic moving from an interior point to a port for transshipment to a foreign country.
F.D.A.
Food and Drug Administration.
F.P.A.
See Free of Particular Average.
Factor
A factor is an agent who will, at a discount (usually five to 8% of the gross), buy receivables.
FAK
Abbreviation for “Freight All Kinds.” Usually refers to full container loads of mixed shipments.
False Billing
Misrepresenting freight or weight on shipping documents.
FAS
Abbreviation for “Free Alongside Ship.”
FCL
Abbreviation for “Full Container Load.”
FD
Abbreviation for “Free Discharge.”