Glossary
F
FAF(Fuel Adjustment Factor)
Also referred to as BAF or bunker adjustment factor.
FAS(Free Alongside)
A pricing term indicating that the quoted price includes the cost of delivering the goods alongside a designated vessel.
FCL(Full Container Load)
Sole use of a sea freight-shipping container.
FDA(Food and Drug Administration)
An agency within the U.S. Public Health Service, which is a part of the Department of Health and Human Services.
FEU(Forty Foot Equivalent Unit)
Commonly describes a 40-foot container.
FOB (Free On Board)
Seller pays the shipping costs from the point of manufacture to a specified destination, at which point the buyer takes responsibility.
Form A
A certificate to prove the original production country which can be used as duty free form.
