Ocean & Air Freight Operations Flashcards
6 cards from real CCP practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 6 Ocean & Air Freight Operations flashcards as text
What is a Bill of Lading (B/L) in ocean freight?
Answer: A legal document serving as a receipt, contract of carriage, and title to the goods
A Bill of Lading serves three functions: it is a receipt acknowledging the carrier received the goods, a contract for carriage between shipper and carrier, and a document of title transferable to third parties.
What is the difference between FCL and LCL in ocean shipping?
Answer: FCL is a full container load shipped by one party; LCL is less than container load combining multiple shippers' goods
FCL (Full Container Load) means one shipper's goods fill an entire container, while LCL (Less than Container Load) consolidates goods from multiple shippers into a shared container.
What is an Air Waybill (AWB) and how does it differ from a Bill of Lading?
Answer: A non-negotiable transport document for air freight that is not a document of title
An Air Waybill is a non-negotiable document serving as a receipt and contract of carriage for air freight. Unlike an ocean Bill of Lading, it is not a document of title and cannot be used to transfer ownership.
What is demurrage in shipping?
Answer: A charge for keeping a container at a port terminal beyond the allotted free time
Demurrage is a penalty charge applied when containers remain at the port terminal beyond the allowed free time period, incentivizing timely pickup and reducing port congestion.
What is a freight consolidation (consol) in CargoWise?
Answer: Combining multiple smaller shipments into one larger shipment to reduce per-unit shipping costs
Freight consolidation groups multiple smaller shipments (from different shippers or for different destinations) into a single larger shipment, reducing per-unit transportation costs and improving efficiency.
What is a Delivery Order (D/O) in freight operations?
Answer: A document authorizing the release of cargo from a carrier or terminal to the consignee
A Delivery Order authorizes the release of goods from the carrier, terminal, or warehouse to the designated consignee, typically issued after all charges are paid and documentation is complete.