BCO
Business & Finance abbreviation · Logistics, Supply Chain & Trade
| Stands for | Beneficial cargo owner |
|---|---|
| Categories | Business & Finance |
BCO stands for Beneficial cargo owner, a logistics, supply chain & trade abbreviation.
Importer or exporter that actually owns the goods being shipped, such as a retailer or manufacturer, as distinct from a freight forwarder or NVOCC that books space on its behalf.
Example: Large BCOs sign annual service contracts directly with ocean carriers.
Usage notes
Large BCOs often negotiate directly with carriers, while smaller ones rely on NVOCC rates.
Related abbreviations
More logistics, supply chain & trade abbreviations
- AMS – Automated Manifest System
- AS/RS – Automated storage and retrieval system
- ASN – Advance shipping notice
- ATA Carnet – ATA Carnet
- AWB – Air waybill
- BAF – Bunker adjustment factor
- BOL – Bill of lading
- BOM – Bill of materials
- C-TPAT – Customs Trade Partnership Against Terrorism
- CBM – Cubic meter (freight)
- CFR – Cost and Freight
- CFS – Container freight station