Sources drawn on in developing definitions for this glossary include: Brodie, Peter. Tax imposed on a product when it is imported into a country. Costs that do not fluctuate with the business volume in the short run. A unit load device ( ULD ) which links directly with the airplane cargo handling and restraint system. CABOTAGE The carriage of goods or passengers for remuneration taken on at one point and discharged at another point within the territory of the same country. A location where freight is transferred from one carrier to another. This can occur in the event of a breach of good faith by the assured or by his broker or, in the case of a voyage policy, where the voyage does not commence within a reason able time after acceptance of the risk by the underwriter. The association promotes safety, standardization in forms (baggage checks, tickets, weigh bills), and aids in establishing international airfares. 0000004003 00000 n U.S. persons or companies, or covered foreign persons or companies, should consult an attorney when confronted with FCPA issues. A U.S. Department of Commerce bureau responsible for export promotion programs. Lower deck type 3 container. For road transportation, a platform from which trucks are loaded and unloaded. A notation on a bill of lading indicating that cargo has been loaded on a ship. ECCN: Export Control Classification Number. A document listing all cargo entering a country. U.S. government agency responsible for negotiating trade agreements. A Verified Gross Mass document is only required if the goods are being shipped as a full container (FCL cargo). A detailed statement showing goods sold or shipped and amounts for each. The International shipping and marine transport industry is full of unique shipping terms and shipping abbreviations. A machine-powered device used to raise and lower freight and to move freight to different warehouse locations. Used by NAFTA signatories (i.e. 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. The Australian Trade Commission – Australia’s export and investment facilitation agency, see Some foreign countries apply tariffs to exports. !׀̀��K������S�q��^��aʠJ�� �2���C�?��B� An air carrier that transports cargo only. the weight of the payload plus empty container weight,together with any loose internal fittings. At destination, CFS is the location designated by the carrier for unpacking of cargo from equipment/containers. Ship's log recording general details concerning the running of the ship including accidents concerned with ship or cargo. A term indicating that a shipper's agent or representative is empowered to make definitive decisions and adjustments abroad without approval of the group or individual represented. They must clear the products not only for export but also for import, to pay any duty for both export and import and to carry out all customs formalities. Specifies the terms under which the air carrier is agreeing to transport the goods and contains limitations of liability; contract between shipper and carrier. The exporter of record (EOR) is noted as the owner or seller of merchandise being exported from an origin country location to a destination country. A document issued by the U.S. Department of Agriculture which certifies that a shipment has been inspected and is free from harmful pests and plant diseases. EAR99 is a classification for an item. Notification provided by the carrier when a shipment has arrived to the consignee or notify party. At the request of the shipper, the forwarder makes the actual arrangements and provides the necessary services for expediting the shipment to its overseas destination. The National Customs Brokers and Forwarders Association of America is an organization representing the interests of customs brokers and freight forwarders in the U.S. Drawback regulations and procedures vary among countries. The initial document in any international transaction; it details the specifics of the sales agreement between the buyer and seller. Used to meet import requirements of other countries. Arrangement on Guidelines for Officially Supported Export Credits - "The Arrangement is an international agreement under Organization for Economic Cooperation and Development auspices governing the conditions -- such as interest rate, repayment term, and cash downpayment -- of medium- and long-term official export credit; " An FEU equals two TEUs. The import certificate is a means by which the government of the country of ultimate destination exercises legal control over the internal channeling of the commodities covered by the import certificate . You can also download the glossary table as a PDF chart. Unusable material that has no market value. U.S. government agency that provides grants for feasibility studies in developing countries. A carrier's system of recording movement intervals of shipments from origins to destinations. It also shows the details of the consignee so that they can be contacted on arrival of the goods. A machine that wraps a pallet's contents in stretch-wrap to ensure safe shipment. In the context of travel activities, gateway refers to a major airport or seaport. A change made to the route of a shipment or to the route of the entire vessel. Letters, numbers, or other symbols placed on packaging used for identification purposes. That's why we wanted to create a glossary of shipping terms. The risk of loss of or damage to the goods passes when the products are on board the vessel. Document prepared by the exporter or freight forwarder to provide evidence that insurance against loss or damage has been obtained for the goods. Find latest report. The most common piggybacking situation is when a U.S. company has a contract with an overseas buyer to provide a wide range of products or services. A full truckload carrier is a carrier that contracts the entirety of a truck’s carrying capacity to a single customer. 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