The cargo-carrying vehicle which may or may not have its own propulsion mechanism for the purpose of transporting goods. Publishes the World Factbook, an important market research resource. Means the carriage of goods by at least two different modes of transport, from a place at which the goods are taken in charge situated in one country to a place designated for delivery situated in a different country. The forwarder arranges for cargo insurance, makes the necessary overseas communications, and advises the shipper on overseas requirements of marking and labeling. A container attached to the back end of a truck. The percentage of order items that the picking operation actually found. Placing a container in a position from which it can be loaded or unloaded. A large compressed, bound, and often wrapped bundle of a commodity, such as cotton or hay. The issuer will require the holder to give them security by way of a bank guarantee. Help Center. Cars Knocked Down, completely Knocked Down (CKD). Location where cargo enters the custody of a carrier. A physical characteristic measuring a commodity's mass per unit volume or pounds per cubic foot; an important factor in ratemaking, since density affects the utilization of a carrier's vehicle. Recognized by the world's airlines for almost 60 years, the DGR is the most complete, up-to-date, and user-friendly reference in the industry. And these are used every day to describe everything from modes of transport, units of measure, pricing structures, IncoTerms and much more. Where demurrage is paid for an agreed number of days, any further delay is termed "Detention". World Container Index. The U.S. Census Bureau uses this data to calculate trade statistics such as gross domestic product (GDP), while U.S. Customs and Border Protection (CBP) uses it to make sure that exporters are following U.S. export regulations. The confirming house guarantees payment to the exporters. Berth suitable for conventional ships, either employing the ship's own derricks or supplementing with shore-based equipment. A charge for a service carried out in a carrier’s terminal area. That's why we've provided this glossary of international shipping terms: ACE. A contractual agreement between a ship owner and a cargo owner, usually arranged by a broker, whereby a ship is chartered (hired) either for one voyage or a period of time. When an importer makes entry of articles and claimed to be exempt from duty under Chapter 98, Subchapter XIII, Harmonized Tariff Schedule of the United States, a bond is posted with Customs which guarantees that these items will be exported within a specified time frame (usually within one year from the date of importation). Unused material that has a market value and can be sold. The carriage contract used in transport from a shipping point overland to the exporter's international carrier location. We’ve put together this shipping glossary chart to help you navigate the international shipping. Latest and updated world freight container index. A container with a self-contained refrigeration unit, used for the transportation of perishable cargo. A person (including any corporation, company or legal entity) issuing a combined transport document. A document issued by a bank acting as a guarantor for their customer. A document certifying that merchandise (such as perishable goods) was in good condition immediately prior to shipment. If the bill is prepaid, the shipper pays the shipping charges. The transaction or interchange that occurs at the time a container is received by a rail terminal or water port from another carrier. Costs of ocean liner freight, wharfage and other port charges (at both port of departure and port of entry). The seller’s commercial invoice certified, for a fee, in the exporting country by the consular representative of the importing country. An identifier assigned to a container by a carrier. More precisely, hazardous materials are defined by the U.S. Department of Transportation in accordance with the Federal Hazardous Material Law. Actual Time of Arrival, or Airport-To-Airport, or Air Transport Association of America. Port Information. The value of the goods, declared by the shipper on a bill of lading, for the purpose of determining a freight rate or the limit of the carrier's liability. A legally binding agreement between two or more parties. Stands for empty repositioning; refers to the movement of empty containers. no document of title is required. Container with hinged sides, top etc. Abbreviation for “freight all kinds.” Typically refers to a full container loaded with mixed cargo. Contract rate ("spot" rate) covers total operating expenses, i.e., bunkers, port charges, canal tolls, crew's wages and food, insurance and repairs. May also include expected time of arrival. (e.g. FAK is a shipping classification. Act making it unlawful for persons or companies subject to U.S. jurisdiction to offer, pay, or promise to pay money or anything of value to any foreign official for the purpose of obtaining or retaining business. Cargo owner absorbs, in addition, any expenses specifically levied against the cargo. The seller must contract for and pay the costs of carriage necessary to bring the goods to the named place of destination. Site in a foreign country established to encourage and facilitate international trade. SASO. Examples include costs of moving cargo inland on trains or trucks, stevedoring in some ports, and short-term equipment leases. FAQs, Incoterms, Product guides & demos. A carrier's charge for accessorial services such as loading, unloading, pickup, and delivery. 3097 0 obj <> endobj AMS Automated Manifest System. A restriction placed on an operation in order to protect public health and safety. 0000002552 00000 n A credit which cannot be revoked, cancelled or amended unless the beneficiary agrees. Diversion to other countries or parties without prior authorization is a violation of U.S. law. A pricing system that includes a transportation cost from a particular city or town in a zone or region even though the shipment does not originate at the basing point. For receipt of the goods, presentation of the sea waybill by the consignee named therein is not required, which can speed up processing at the port of destination. The official U.S. Customs and Border Protection (CBP) website states that about 95% of all imports fall into this category. Bulk service generally is not provided on a regularly scheduled basis, but rather as needed, on specialized ships, transporting a specific commodity. It is a very important document that states the shipper’s verified gross mass of cargo. A bill of lading indicating that the goods were received by the carrier in good order and condition, without any clauses declaring a defective condition in the goods and/or their packing. OIELs cover multiple shipments of specific controlled goods to named destinations. Amount arrived at by the multiplication of freight in tonnes, by the Basic Service Rate (BSR). A B/L covering port-to-port shipment. A notation on a bill of lading indicating that cargo has been loaded on a ship. A storage method where product is presented to picking operations at one end of a rack and replenished from the opposite end. A short-sea vessel which transfers cargo between a central hub port and smaller "spoke" ports. A process whereby someone with a risk of something happening to their financial detriment (the assured) pays someone else (an underwriter) a fee (premium) to bear that risk on their behalf. Any goods being transported, regardless of the mode of transport. The process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements. A separate refrigeration unit which can be clipped on to an insulated container. The inspection of foreign ships in national ports for the purpose of verifying that the condition of a ship and its equipment comply with the requirements of international conventions and that the vessel is manned and operated in compliance with applicable international law. A draft on a shipowner for wages, given to a seaman on signing Articles of Agreement and redeemable after the ship has sailed with the seaman on board. The compartment below the Main Deck (also synonymous with lower hold and lower lobe). A method of inventory control which minimizes warehousing and in which the container itself acts as a movable warehouse and arriving on schedule is crucial. The risk of loss of or damage to the goods passes when the products are on board the vessel. The document which covers transport by air. An indication on a draft that the documents attached are to be released to the drawee only on payment. The document includes packaging types, quantities, sizes and weights of all packages included inside the shipment. U.S. government agency that provides grants for feasibility studies in developing countries. A negotiable B/L, in which the goods are consigned “to order of” a particular party, often theshipper in which case the consignee is mostly shown simply as “to order”. Their assets are blocked, and U.S. persons are generally prohibited from dealing with them. A firm that serves as a go-between for the tramp ship owner and the chartering consignor or consignee. An enterprise that offers overland service to or from a point of export. Shipper's Export Declaration (SED) was a standard United States government form required for all U.S. exports with commodities valued at US$2,500 or higher. A bill of exchange signed by the party upon whom it is drawn in token of acceptance of responsibility for its payment. An enterprise engaged in the business of transporting goods. They consist of three-letter codes that are intended to clearly communicate the tasks, costs and risks associated with the transportation and delivery of goods in an international transaction. Activity Based Costing (ABS) An accounting system that measures the cost and performance of specific activities performed within an organisation. An enterprise that offers transportation service via air. The seller delivers the goods to the carrier or another person nominated by the seller at an agreed place (if any such site is agreed between parties). FEU is a measure of a ship's cargo-carrying capacity. A port designated by the government of a country for duty-free entry of any non-prohibited goods. U.S. government department responsible for developing and executing federal government policy on farming, agriculture, forestry, and food. The transfer of cargo from one carrier to another or from one vehicle to another at an intermediate point during the goods’ journey to the final destination. An air carrier that transports cargo only. A document issued by the customs broker to the ocean carrier as authority to release the cargo to the appropriate party. The bill of lading issued by rail carriers to their customers. Any article exchanged in trade, most commonly used to refer to raw materials and agricultural products. A common motor carrier that has operating authority to transport general commodities, or all commodities not listed as special commodities. 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