Top 10 important words and phrases for Traffic Administrator Freight Passenger

Top 10 important words and phrases for Traffic Administrator -Freight & Passenger Introduction: The Role of a Traffic Administrator Hello, everyone! Before we dive into the vocabulary, let's understand the significance of a traffic administrator. In the realm of freight and passenger management, a traffic administrator is responsible for coordinating transportation, ensuring timely deliveries, and maintaining regulatory compliance. Their role is critical in keeping the supply chain running smoothly. 1. Bill of Lading A bill of lading is a legal document that details the type, quantity, and destination of goods being transported. It serves as a receipt, contract, and title of ownership. As a traffic administrator, you'll frequently encounter bills of lading, so understanding their intricacies is essential. 2. Demurrage Demurrage refers to the charges incurred when cargo remains at a port or terminal beyond the allotted time. It's crucial to manage demurrage effectively, as excessive delays can impact the entire supply chain, leading to increased costs and customer dissatisfaction. 3. Incoterms Incoterms, short for 'International Commercial Terms,' are a set of standardized rules that define the responsibilities of buyers and sellers in international trade. Familiarizing yourself with the various Incoterms is vital, as they determine who bears the risks and costs at each stage of the shipment. 4. Customs Broker