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GLOSSARY OF WORDS

Incoterms 2020

International set of trade rules for transportation.

Incoterms 2020 establishes the responsibilities of the buyer and seller in international shipping. They regulate costs, risks and obligations on delivery.

Other terms

CMR insurance

CMR stands for Insurance Policy for Carried Goods.
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C

ETA (Estimated Time of Arrival)

Estimated time of arrival of a transport.
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Cargo insurance

Insurance policy for transported goods.
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C

Cargo Handling

The process of loading and unloading goods.
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Sender

The person or company sending the goods.
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Overhead transport

Transport for cargoes with dimensions or weights above the legal limits.
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ISO 9001

International standard for quality management.
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I

Special authorisation for bulk transport

Mandatory document for oversized shipments.
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S

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