FAS

See free alongside ship

FBL

See FIATA combined transport bill of lading

FCA

See free carrier

FCL

See full container load

FCR

See forwarders’ certificate of receipt

FIATA combined transport bill of lading

This document, developed by an international association of forwarding agents called FIATA, is a sellable ocean bill of lading for combined transports using several means of transport, which is also known as multi-modal or intermodal transports. The issuer, usually a forwarding agent, is liable for losses and damage with two special drawing rights (the World Bank’s universal unit of account) per kilogram. Or he is liable in the manner that the person who caused the damage would be if this blame can be clearly ascertained. The FBL is recognized by the International Chamber of Commerce as a document eligible for letter-of-credit procedures.

FIFO

See first in, first out

First in, first out

FIFO is a method of organizing a warehouse. Goods that are the first to be stored are the goods that will be used or retrieved first. This method is designed to prevent inventories from becoming out of date. FIFO is frequently used with perishable goods.

First leg and subsequent leg

The first leg and subsequent leg are used in combined transport to describe flexible, short-haul shipments, usually with trucks.

First mile

The term “first mile” refers to the route that a good takes into the transport network. For instance, a parcel can be picked up by a courier at the sender’s office, mailed by the sender at a postal retail outlet or given by the sender to a courier anywhere.

Flat pallet

See europallet

Fleet management

Fleet management is responsible for providing the necessary number of vehicles as well as the acquisition, maintenance and inspection of fleet vehicles. Other duties include manpower and route planning, tracking of vehicles, loading and controlling.

See route planning

Flow-through rack

Flow-through racks are dynamic warehouses where the stored goods are continuously or discontinuously moved from the load face and picking face.
Flow-through racks are frequently used for picking in distribution warehouses.
Usually, palletized stored goods are moved on tilted roller conveyors or on tilted tracks with wheeled pallets using gravity or a mechanical drive system on non-tilted rails. In such racks, the "fifo" (first-in, first-out) principle applies inevitably, and the surface and spatial degree of utilization is relatively high. Flow-through racks require relatively large investments.

FOB

See free on board

Forklift

Forklifts (which are often called “ants”) are ground conveyors and are used to carry cargo (usually on pallets) for short distances on level areas. They have two forks that can be used to pick up pallets.
Forklifts use both electric and non-electric drive systems.

Forklift truck

Forklift trucks are ground conveyors and are used to carry cargo (usually on pallets) for short distances on level surfaces. The fundamental component of the forklift truck is the open winch unit consisting of a lift mast and the fork carriage.
Forklift trucks are operated by a human driver and are always motorized. As a result, heavy cargo can be moved and, thanks to the lift system, stored in high racks.

Forwarder

The forwarder is a businessman who organizes the transport of goods from Point A to Point B. Either he contracts a carrier or he handles the shipment himself – such cases are described as self-contracting by the forwarder. The forwarder generally gets his contract from the group that wants to ship the cargo. The forwarder’s jobs also include selecting and monitoring stockkeepers and other service providers – if he does not provide the services himself.

Forwarding agent’s certificate of receipt

The FCR (forwarding agent’s certificate of receipt) is a blocking document similar to the consignment note used by railways. With the FCR, the forwarding agent certifies that he has received the shipment for irrevocable transport to the designated recipient. The shipment can be revoked only if the original document is returned. The wording of the forwarding agent’s certificate of receipt must be authorized by the FIATA, and prepayment instructions must follow incoterm regulations. The FCR is a letter-of-credit document.

Forwarding company

The forwarding company is a business that performs the jobs of pick-up, consolidation, dispatch and distribution of goods. Typically, the forwarding company handles customs processing for goods, does the paperwork, and facilitates transport, storage and delivery.

Fourth-party logistics provider

Providers of 4PL are a type of service agent. On behalf of a customer, they search individually along the entire logistics and supply chain. It is their job to put together the most effective and cost-efficient complete logistics package for the customer. Frequently, 4PL providers do not have their own facilities and resources. Rather, they act exclusively as independent agents.
If the 4PL company serves as the lead logistics provider (LLP), it can also coordinate and integrate the services of third parties with complementary or supporting activities.

Free alongside ship

The supplier is required to deliver the goods to a loading area identified by the customer at the designated shipping harbor and to provide them alongside the ship. FAS is an incoterm and applies to seagoing and inland waterway transports.

Free carrier

The supplier is required to transfer the goods to the carrier named by the customer at the designated location. FCA is an incoterm and applies to all means of transports.

Free on board

The supplier handles all logistics services until the shipment is transferred to the seagoing vessel. The transfer of risks and costs occurs at the ship’s rail in the loading harbor. FOB is an incoterm and applies to seagoing and inland waterway transports.

Free-trade zone

Various types of free-trade zones are used. One type can involve an alliance of several countries working to eliminate trade barriers like tariffs.
National free-trade zones also exist. They are frequently located near major transshipping locations like harbors. Here, too, customs exemptions are used. These regions also offer tax breaks. The aim of such free-trade zones is to lure foreign investors and strengthen industry in the regions.

Freight center

A freight center serves as a logistics hub in the transport network. It links at least two, but generally three different types of transport (road, rail, water, air). In this way, a burden is to be lifted from heavily used transport routes like highways. The environmental impact is also to be eased by using rail and ship transports.

Freight management

The focus of freight management is the coordination of external carriers with the aim of facilitating the fast, safe and cost-efficient delivery of shipments, frequently by integrating an entire range of services.

Freight-material management system

In a company, freight-material management systems model the flow of products of goods. As a result of the flows’ complexity, freight-material management systems are based on comprehensive software packages.

FTL

See full truckload

Full container-load

In FCL, a container is completely loaded by the sender and then transferred to the carrier.

Full truckload

Full truckload is a vehicle that is completely filled with goods. FTL makes a transport particularly efficient because the entire capacity of the means of transport is utilized.

Functional organization

The functional organization is based on performance-related structural criteria.
As a result, logistics can be integrated centrally or decentrally into the present organizational structure as an additional function. It becomes an equal member along with basic operational activities such as production, sales and procurement. The fundamental condition for this decision is the acceptance of logistics as an operational function.