Or Forty (40) foot Equivalent Unit usually refers to a Standard (although could be special) container of 40 feet in length. Commonly used to express vessel capacity or throughput at container factories and ports.

2 TEU = 1 FEU

Generally accepted acronym (not an Incoterm) that implies that containers are delivered on to the truck and the seller would be responsible for the cost of handling to load the container.

Length of time in which the container owner does not charge storage and/or per diem/detention.