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Ocean Freight 101
Talking The Talk
UPS Ocean Freight
Good Guys / Bad Guys
The LCL Product
100
Name for shipments combining container ocean freight with rail and truck inlands.
What is Intermodal?
100
Abbreviation commonly used to denote a 20' ocean shipping container.
What is TEU?
100
Two roles that UPS SCS plays in ocean freight shipments.
What are NVOCC and Freight Forwarder?
100
Currently ranked as #1 NVOCC by TEU volume.
Who is K&N?
100
Place where LCL containers are "built" (consolidated).
What is a Container Freight Station or CFS?
200
Percentage of transcontinental shipment tonnage conveyed via ocean freight.
What is 93%?
200
Market segment most attractive to UPS Ocean Freight (and Capital).
What is the Middle Market?
200
Trade lane comprising the majority of UPS Ocean Volume.
What is Asia to US or TPEB?
200
Currently the Largest VOCC ocean carrier in the world.
Who is Maersk?
200
First competitor to offer a guaranteed LCL ocean freight offering.
Who is APL / Conway?
300
Organization that regulates ocean freight in the U.S.
What is the Federal Maritime Commission or FMC?
300
"FOB" and "CIF" are examples of these.
What are INCOTERMS?
300
One of these systems UPS has enabling customer to track and trace ocean shipments.
What are FGV, MyFreight or Quantum View?
300
Rule of thumb, upper limit in annual TEU volume before carrier direct competition.
What is approximately 2000 TEU?
300
One of the systems supporting ocean freight pricing.
What is ePQR, ePrice and / or Quoteassist?
400
Abbreviation denoting an ocean carrier who has a tariff but does not own or operate ships.
What is NVOCC?
400
Primary docuemt of carriage for ocean freight. Originals are typically negotiable instruments.
What is a Bill of Lading or B/L?
400
Easy source for UPS SCS Ocean Freight sales presentation and reference material.
What is SharePoint, The UPS SCE Intranet or SCOUT?
400
Personal effects, household goods and RO-RO shipments.
What is bad or unattractive business for UPS Ocean Freight?
400
Rule of thumb CBM target for a profitable LCL container.
What is 50+ CBMs?
500
The three types (roles) of ocean freight service providers.
What are VOCCs, NVOCCs and Freight Forwarders?
500
Abbreviated RO-RO (and not desirable for UPS SCS).
What is Roll On-Roll Off?
500
What UPS Ocean Freight Services must has filed with the FMC to operate as an NVOCC.
What is a Tariff?
500
Currently the largest ocean trade lane in the world.
What is Intra-Asia or Intra-APAC?
500
Two reasons why UPS aggressively promotes LCL Ocean Freight.
What are Higher Revenue, Greater Profitability, Ability to penetrate top shippers or Fit with Enterprise?