The logistics industry is changing international trade tremendously. With the broad technological advancement, new terminologies are added regularly. If you think of partnering with the Top Shipping Companies in UAE, you must be aware of the various terminologies of the logistics industry. You don’t have to search every word on the internet as we have prepared this comprehensive guide for you. Let’s have a glance over these terms below:

Bill of Lading (BOL)

A Bill of Lading (BOL) is a receipt of goods given by the carrier to the shippers. It consists of the various details of the shipment, including size, type, quantity, and final destination of goods. Without the Bill of Lading, the shippers cannot access the goods at the final destination.

Proof of Delivery (POD)

Proof of delivery is the most important document required during the transportation process. This receipt is used when the rider gives the goods to the shippers. The top shipping companies in UAE use this document to ensure that the recipient has received the goods from the carrier.

Air Way Bill (AWB)

An Air Way Bill (AWB) is a receipt given by the Air shipping carrier to the Shippers to provide detailed information about the consignment. It contains all the information about the shipment that is necessary for the tracking process.

ETA – Estimated Time of Arrival

The ETA is used to represent the estimated time of arrival of the shipment. When the Shipper sends goods using the top shipping companies in UAE, like SLR shipping services LLC, they provide an estimated delivery time to the shippers.

Stock Keeping Unit (SKU)

A stock-keeping unit (SKU) is a scannable bar code used by the top shipping companies in UAE to

A truckload or a full truckload term is used when a trailer is loaded with its total capacity. FTL means that the truck will be loaded entirely with the load.

Less Than Truckload (LTL)

Less than truckload is the transportation of goods used for shipping smaller size of goods using the trailer.

Intermodal (INT)

This involves the transportation of goods using two or different more shipping methods. Intermodal shipping companies use several carriers to transfer goods from one place to another.

3PL

A 3PL or Third-party logistics means outsourcing top logistics companies that perform all the tasks associated with the shipping of goods such as warehousing, packaging, procurement, order fulfillment, and other operations. 

Warehouse

A warehouse is used by the top shipping companies in UAE, like SLR shipping services LLC to store the goods until the goods reach the next stage of the process.