Glossary: B

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Buyers Consolidation

Buyers Consolidation (BCN) is when several supplier loads are being consolidated for a single customer. This is usually because a single supplier does not have sufficient stock to ...

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Bunker Adjustment Factor (BAF)

Adjusts the freight to reflect current cost of bunkers (fuel for ships). For more information about the shipment visibility services Ligentia can offer click here....

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Bonded Goods (B/G)

Dutiable landed imports stored under the supervision of customs authorities in bonded warehouses. Bonded-goods are released for re-export, or to the importer upon assessment and pa...

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Bill of Lading (B/L)

Acts as a receipt for the cargo and contains the terms of the contract of carriage. A Bill of Lading is a document of title to the goods. For more information about the air frei...

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