Here we’ve put together a supply chain terminology list of some of the most commonly used logistics and shipping terminology, acronyms, word and phrases. 

1. Bill of Lading (BOL): A legal document between the shipper and the carrier detailing the type, quantity, and destination of the goods being carried. It serves as a shipment receipt when the carrier delivers the goods at the predetermined destination.

2. Consignment: A batch of goods destined for or delivered to someone.

3. Consolidation: The practice of combining smaller shipments into a large shipment to save on transportation costs.

4. Container: A standard-sized, sealed box in which goods are shipped. Containers come in various sizes and types, such as dry containers, refrigerated containers (for perishable goods), and open top containers (for oversized goods).

5. Customs Broker: A professional who is licensed to act on behalf of importers and exporters in dealings with customs authorities.

6. Demurrage: A penalty charge payable to the owner of a chartered ship in respect of a delay in loading or unloading which is not caused by the shipowner or ship's crew.

7. Duty: A tax imposed on imports by the customs authority of a country.

8. Freight: The goods being transported from one place to another.

9. Incoterms: A set of rules published by the International Chamber of Commerce (ICC) that define the responsibilities of sellers and buyers for the delivery of goods under sales contracts.

10. Intermodal: The process of shipping goods using more than one mode of transportation (sea, rail, road, or air).

11. Logistics: The process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods.

12. Manifest: A document listing the cargo, passengers, and crew of a ship, aircraft, or vehicle, for the use of customs and other officials.

13. Waybill: A document issued by a carrier giving details and instructions relating to the shipment of a consignment of goods. Typically it will show the names of the shipper and receiver, the point of origin, the destination, route, and method of shipment.

14. Warehouse: A large building where raw materials or manufactured goods may be stored before their export or distribution for sale.

15. Transshipment: The process of shipping goods to an intermediate destination, and then from there to another destination.

16. TEU: Stands for twenty-foot equivalent unit, a measure used in the shipping industry to quantify the capacity of container ships and terminals. One TEU represents the space occupied by a standard 20-foot container.

17. Pallet: A flat transport structure that supports goods in a stable fashion while being lifted by a forklift, pallet jack, front loader, or other jacking device.