• Export Declaration

  An export declaration provides information about the goods being shipped to Customs. This information is used to regulate exports and to compile statistical information on foreign trade.

• Export License

  An export license is a type of U.S. export authorization document that grants someone the right to conduct an export transaction of restricted or controlled commodities.

• Express Bill of Lading

  An express bill of lading is a type of bill of lading (B/L) in which the carrier is obligated to deliver the goods to the named consignee and no original bills of lading are issued at all. Express B/Ls are non-negotiable and are not a document of title to the goods.

• Fast Tags

  Fast Tags offer expedited delivery speeds with dynamic shipping badges, allowing brands of all sizes to compete with large e-tailers by promising 2 or 3 day shipping without building their own logistics.

• Federal Maritime Commission (FMC)

  The Federal Maritime Commission (FMC) is an independent U.S. agency responsible for regulating foreign and inter-coastal ocean commerce shipping via U.S. ports. It regulates both VOCCs and NVOCCs.

• First Sale Valuation

  First Sale Valuation is a rule that lets U.S. importers, under certain conditions, base the dutiable value of imported goods on the purchase price between the vendor and factory in an earlier sale, rather than the final sale to the importer.

• What is Fiscal Representation?

  A foreign entity can appoint a tax representative in the import country to represent their business with the Tax and Customs Administrations. If you engage one, you generally will not be obliged to register yourself as a taxpayer for VAT purposes.

• FLEGT | Forest Law Enforcement, Governance and Trade

  FLEGT licences are documents issued by timber-producing countries that have ratified a Voluntary Partnership Agreement with the EU, confirming that timber or timber products comply fully with the relevant laws of the country of export.

• FDA (Food and Drug Administration)

  The FDA is a U.S. Partner Government Agency (PGA) responsible for regulating biological products, medical devices, food, cosmetics, veterinary drugs, and radiation-emitting products to ensure their safety, security, and efficacy for the public.

• Foreign Trade Zone (FTZ)

  A Foreign Trade Zone (FTZ) is a secure geographical area "in or adjacent" to a U.S. Port of Entry that is considered to be outside of CBP territory. Merchandise foreign to the U.S. is not subject to duties or other taxes until the goods leave the FTZ and enter the U.S.

• Forklift

  A forklift is a small industrial vehicle with a pronged device used to move and stack heavy loads in warehouses and other worksites.

• FEU (Forty-foot Equivalent Unit)

  An FEU (forty-foot equivalent unit) is a measure of volume in units of 40-foot long containers. One 40-foot container equals an FEU, or two 20-foot containers equal an FEU.

• FTA (Free Trade Agreement)

  An FTA (Free Trade Agreement) is an agreement made between two or more countries designed to minimize barriers to trade and increase trade between the participating countries, often with little or no government tariffs, quotas, or subsidies.

• Drop Fee

  A drop fee is charged by the trucker to drop off an FCL container at the warehouse and pick it up after it has been unloaded, as opposed to a live unload. A drop fee is also called a bobtail fee.

• Fuel Surcharge (FSC)

  A fuel surcharge (FSC) is a fee assessed by a carrier to account for regional and seasonal variations in fuel costs. It is most often seen in trucking, but ocean and air carriers may also assess one to protect against fuel price volatility.

• FBA (Fulfillment by Amazon)

  FBA (Fulfillment by Amazon) is an Amazon service that lets you store your products in Amazon's fulfillment centers until they are purchased by Amazon customers, after which Amazon packs and ships those products to the customers.