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Business Glossary
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| FCL | See 'Full Container Load' |
| Feeder | A vessel normally used for local or coastal transport to and from ports not scheduled to be called by the main (ocean) vessel, directly connecting these ports to the main vessel. |
| FEU | See 'Forty Foot Equivalent Unit' |
| FIFO | See 'First-in, First-out' |
| First-in, First-out | A method whereby goods or containers which have been longest in stock are used first. |
| Flammable | Goods or materials capable of beinge set on fire under given circumstances. |
| Flat Bed Trailer | A wheeled trailer or a semi-trailer with a flat cargo carrying surface or deck and without any superstructure. |
| Flat Rack Container | A flat bed with fixed ends suitable for the carriage of cargo of abnormal and certain indivisable loads. |
| Flexitank | A large polythene liner which can be fitted inside a 20' GP container for the transportation of non-hazardous liquids |
| Force Majure | A condition which permits an individual or company to depart from the strict terms of a contract as a result of forces of nature which are beyond the human control. |
| Forty Foot Equivalent Unit | Unit of measurement equivalent to one forty foot shipping container. |
| Freight Transport Association | A trade association which represents the transport interests of companies moving goods by road, rail, sea and air in the UK. |
| FTA | See 'Freight Transport Association' |
| Fuel Surcharge | A method to make price adjustments to movements in the price of fuel. |
| Full Container Load | A fully loaded container. |
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