A charge paid by a carrier to an agent or to another carrier, which the delivering carrier then collects from the consignee. Such charges are usually for agents’ forwarding fees and incidental expenses paid out of pocket for account of the shipment by an

Quantity of cash or cash equivalents expressed in a monetary amount given to a driver to cover expenses during a trip.

An agreement between the shipper and the carrier, concerning contacts between those parties prior to tendering the consignment.

The value attributed to products and services as the result of a particular process (e.g. production process, storage, transport).

In proportion to the value: A phrase applied to certain freight or customs duties levied on goods, property, etc. set as a percentage of their value.

A code for identification purposes of the voyage and vessel which actually transports the container/cargo

Customer orders and often also the allocation of items, ingredients and/or raw materials to production or distribution.

Covers raw material, work in progress, finished products, which will be used or sold within a given period without extra cost or loss. This term does not cover the so-called reserve inventory.

Accidents of a nature beyond human control such as flood, lightning or hurricane usually quoted as ‘force majeure’.

A notification relating to the receipt of e.g. goods, messages and documents.

Agreement on the international carriage of perishable foodstuffs and on the special equipment to be used for such carriage.

The transport of complete road vehicles by another means of transport (e.g. train, ferry accompanied by the driver).

Movable steps arranged temporary alongside e.g. a quay to allow access on board for officials, crew or passengers.

The process of receiving a consignment from a consignor, usually against the issue of a receipt. As from this moment and on this place the carrier’s responsibility for the consignment begins.

A sight draft, documents against acceptance. See “Sight Draft,” “Documents Against Acceptance.”

The act of a drawee acknowledging in writing on the face of a draft, payable at a fixed or determinable future date, that he will pay the draft at maturity.

Acceptance by the carrier of a portion of a joint rate or charge which is less than the amount which it would receive for the service in the absence of such joint rate or charge.

  1. Alongside, near amidships.
  2. For navigational purposes in the direction of a right angle to the ship’s heading.

A bill of lading, negotiable, made out to the order of the shipper.

A bill of lading in which a carrier acknowledges that goods have been placed on board a certain vessel.

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