Freeport

1) Area where goods are stored prior to the payment of customs duties and taxes.

Free stock

1) Stock available for immediate delivery (ie to meet immediate demand).

Frameless trailer

1) Type of semi-trailer whereby coupling equipment and running gear are mounted direct to the underside of the van body rather than, as conventionally, on a chassis frame. This design reduces weight and thereby increases payload potential.

FQP

1) Freight quality partnership. Government initiative following publication of its ‘Sustainable Distribution Strategy’ document in March 1999 in encouraging Local Authorities to get together with all interested parties, especially logistics operators, to find ways of achieving sustainable distribution systems reflected in greater efficiency, greater safety in road transport operations and reduced pollution from exhaust emissions and congestion.

FPA

1) Free of particular average. Shipping term used to describe situation where the insurers are not responsible for partial loss claims (with certain exceptions).

Fourth stylus

1) In tachograph instruments, an additional stylus for recording non-statutory functions (thermometer readings on fridge vehicles, door openings, etc).