Logistic terms


We’ll help you make sense of the industry jargon and terms used.

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UCP 500

Uniform Customs and Practice for Documentary Credits

UIC

Union Internationale des Chemins de Fer

ULCC

Ultra Large Crude Carrier

ULD

Unit Load Device

Ultimate Consignee

The person located abroad that receives the export for the designated end-use.

Ultra Large Crude Carrier

Abbreviation: ULCC. Vessel designed for the carriage of liquid cargo in bulk with a loading capacity from 250 000 to 500 000 DWT.

UN/ECE

United Nations Economic Commission for Europe

Unaccompanied Baggage

Luggage not accompanied by a passenger.

UNCTAD

United Nations Conference on Trade and Development

Undercarrier

Carrier in a conference or consortium who carries less cargo than the allotment distributed to it.

UNDG Number

United Nations Dangerous Goods Number

UNECE

United Nations Economic Commission for Europe

Uniform Customs and Practice for Documentary Credits

The 1993 revised rules of the International Chamber of Commerce (ICC) governing a Letter of Credit issued with respect to goods shipped applicable as from January 1, 1994.

Union Internationale des Chemins de Fer

Abbreviation: UIC. International railway union, in which most of the European national railway companies are united.

Unit Load Device

Abbreviation: ULD. 1. Any type of container or pallet, in which a consignment can be transported by air whether or not such a container is considered aircraft equipment. 2. Any type of air freight container, aircraft container, aircraft pallet with a net or aircraft pallet with a net over an igloo.

United Nations Conference on Trade and Development

Abbreviation: UNCTAD. United Nations agency whose work in shipping includes the liner code involving the sharing of cargo between the shipping lines of the importing and exporting countries and third countries in the ratio 40:40:20.

United Nations Dangerous Goods Number

Abbreviation: UNDG Number. Four-digit number assigned by the United Nations Committee of Experts on the Transport of Dangerous Goods to classify a substance or a particular groups of substances. Note: The prefix “UN” must always be used in conjunction with these numbers.

United Nations Economic Commission for Europe

Abbreviation: UN/ECE. UN/ECE is one of a number of Economic and Social Commissions established by the General Assembly of the United Nations. Despite its name it embraces both Europe and North America. The UN/ECE comprises 29 core member states, as well as any country which is a member of the United Nations and which applies under Article 11 of the United Nations constitution for delegate status. The aim is to advance the economic development of Europe and associated countries through trade facilitation and common agreements.

United Nations Layout Key

Abbreviation: UNLK. Standard (ISO 6422) which lays down the basic image principles for the design of documents used in international trade.

United Nations Standard Message

Abbreviation: UNSM. Collection of structured data that is exchanged to convey information related to a specific transaction between partners engaged in electronic data interchange. Messages are composed of logically grouped segments required for the type of message transaction covered.

UNLK

United Nations Layout Key

UNSM

United Nations Standard Message

Utilization Rate

Quotient of used capacity and available capacity.

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