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FAK
Abbreviation for "Freight All Kinds." Usually refers to full container loads of mixed shipments.
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FCL
Abbreviation for "Full Container Load."
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Feeder Service
Cargo to/from regional ports are transferred to/from a central hub port for a long-haul ocean voyage.
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FEU
Abbreviation for "Forty-Foot Equivalent Units." Refers to container size standard of forty feet. Two twenty-foot containers or TEU's equal one FEU.
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Flat Car
A rail car without a roof and walls.
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FMC (F.M.C.) - Federal Maritime Commission
The U.S. Governmental regulatory body responsible for administering maritime affairs including the tariff system, Freight Forwarder Licensing, enforcing the conditions of the Shipping Act and approving conference or other carrier agreements.
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Foreign Trade Zone
A free port in a country divorced from Customs authority but under government control. Merchandise, except that which is prohibited, may be stored in the zone without being subject to import duty regulations.
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Free on Board (FOB - U.S. Domestic Use)
Shipped under a rate that includes costs of delivery to and the loading onto a carrier at a specified point.
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Free Time
That amount of time that a carrier's equipment may be used without incurring additional charges. (See Storage, Demurrage or Per Diem.)
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Freight Forwarder
A person whose business is to act as an agent on behalf of the shipper. A freight forwarder frequently makes the booking reservation.
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