The freight industry has a unique lexicon, much of it rooted in a long transportation history. The vocabulary can be a bit overwhelming and confusing to a newcomer.
We’ll explore some of the most often-used terms here:
Abatement – A discount allowed for damage or overcharge
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Recent figures show that China is the fastest growing aviation market in the world. Indeed, between 204 and 2005 China’s air freight volume increased by 25% and 20% respectively. Furthermore, passenger traffic also grew considerably in this period.
However, shortage of available freighters is threatening to restrict the growth of China’s air freight industry.
According [...]
By Kevin Schmiterson
The freight industry has a unique lexicon, much of it rooted in a long transportation history. The vocabulary can be a bit overwhelming and confusing to a newcomer.
We’ll explore some of the most often-used terms here:
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