TOOLS · GLOSSARY
Trade & Logistics — Belt Conveyor Glossary
24 terms on Trade & Logistics, each with its working definition, the governing symbol or formula where one exists, and a link to the standard behind it.
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24 terms
HS code 8431.39
Harmonised System code for parts of conveying machinery — the idler/roller heading.
HS code 8428.33
HS code for continuous-action belt conveyors for goods or materials.
Incoterms FOB
Seller delivers goods on board; risk passes at the port of shipment.
Incoterms CIF
Seller pays cost, insurance and freight to the destination port.
Incoterms CFR
Seller pays cost and freight; buyer insures.
Incoterms DAP
Seller delivers to the named place, buyer handles import duty.
Incoterms DDP
Seller delivers duty-paid to the buyer's location.
EXW
Buyer collects from the seller's works; minimum seller obligation.
Bill of lading
Document of title for sea freight.
Packing list
Itemised list of shipped goods and packing.
Certificate of origin
Document proving where the goods were made.
Fumigation certificate
Proof that wooden packing was fumigated (ISPM 15).
ISPM 15 heat treatment
Phytosanitary treatment mark for wooden pallets and crates.
20 ft / 40 ft container
Standard sea containers; loading plan sets packing efficiency.
FCL / LCL
Full container load versus less-than-container load shipping.
Export packing
Crates, VCI film and blocking to protect parts in transit.
Sea freight transit
Typical port-to-port sailing time for the route.
Letter of credit (L/C)
Bank payment instrument securing the trade.
Telegraphic transfer (T/T)
Direct bank payment, usually with a deposit and balance.
Proforma invoice
Preliminary invoice used for payment and import formalities.
Commercial invoice
Final invoice for customs and payment.
Warranty period
Supplier's warranty for parts and workmanship, typically 12–24 months.
Lead time
Time from order to shipment.
MOQ
Smallest quantity the supplier will produce and ship.
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