A practice in marine commerce expressing cargo quantity in terms of forty-foot container loads. One FEU equals two TEUs (Twenty-foot equivalent units).
Read MoreFIATA
The International Federation of Freight Forwarders Association is a non-governmental organization founded in 1926 representing the freight forwarding industry worldwide. FIATA has three main divisions, called institutes, covering air freight, customs facilitation and multimodal transport. Each has its own advisory…
Read MoreFIFO First in, first out
Inventory management and/or accounting procedure whereby the earliest arriving goods of their kind (first in) are shipped prior to those that have arrived more recently.
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