Freight Dictionary

It is the advanced declaration of cargo vessel manifest information to US Customs, previously only required 48 hours before arrival first USA calling port.
US Customs hopes that with the advanced notification they will be able to reject shipment at origin before allowing them to physically call the USA and so to reduce the risk of future terrorist attacks on the USA thru commercial channels.
The ISF 10+2 Importer Security Filing Program is to help prevent terrorist weapons from being transported to the United States and to improve CBP's ability to identify high-risk shipments so as to prevent smuggling and ensure cargo safety and security. Importers and Vessel Operating Carriers bringing cargo to the United States will be required to transmit certain information to U.S. Customs and Border Protection (CBP) about the cargo they are transporting prior to lading that cargo at foreign ports of entry
Charges for service beyond standard transportation pricing. Such fees would include special pickup or delivery on domestic shipments, and documentation and communication fees for international shipments.
The full weight of a shipment, including goods and packaging.
A bill of lading that covers both domestic and international flights transporting goods to a specified destination. This is non-negotiable and serves as a receipt for the shipper, indicating that the carrier has accepted the goods listed and obligating it to carry the consignment to the airport of destination according to specified conditions.
This document is a confirmation of the transfer of ownership of certain goods to another person (i.e., in return for money paid or loaned).
A document which acknowledges receipt of the goods and establishes the terms of a contract between a shipper and transportation company. It signifies which freight is to be moved between specified points for a specified charge. As the most fundamental document in goods transportation, it serves as a document of title, a contract of carriage, and a receipt for goods. It is prepared by the shipper on forms issued by the carrier. It is a legal document.
Additional charge on ocean freight, expressed as a percentage of a base rate, which reflects adjustments to costs based on foreign currency exchange rates.
Any person or entity who, in a contract of carriage, undertakes to perform or to procure the performance of carriage by rail, road, sea, air, inland waterway, or by a combination of such modes.
A document certifying in which country the goods were produced. Used in international commerce.
The Generalized System of Preferences, or GSP, is a formal system of exemption from the more general rules of the World Trade Organization (WTO), (formerly, the General Agreement on Tariffs and Trade or GATT). Specifically, it's a system of exemption from the most favored nation principle (MFN) that obligates WTO member countries to treat the imports of all other WTO member countries no worse than they treat the imports of their "most favored" trading partner. In essence, MFN requires WTO member countries to treat imports coming from all other WTO member countries equally, that is, by imposing equal tariffs on them, etc.
A demand for payment made upon a transportation line due to loss sustained through its alleged negligence.
A publication, such as The Uniform Freight Classification (railroad) or the National Motor Freight Classification (motor carrier), that assigns ratings to various articles and provides bill of lading descriptions and rules.
The designation provided in a classification by which a class rate is determined.
A receipt for goods issued by a carrier with an indication that the goods were received in "apparent good order and condition" without damage or other irregularities.
Represents a complete record of the transaction between exporter and importer with regard to the goods sold. Also reports the content of the shipment and serves as the basis for all other documents concerning the shipment.
Article shipped. For dangerous and hazardous cargo, the correct commodity identification is crucial.
The person or company (named in the bill of lading) to whom commodities are shipped. The owner of the cargo.
The person or company (named in the bill of lading) to whom commodities are shipped. The owner of the cargo.
Goods in transit under a bill of lading; the delivery of merchandise from an exporter (the consignor) to an agent (the consignee) under agreement that the agent sell the merchandise for the exporter?s account.
The person or company shown as the shipper on the bill of lading.
A truck trailer body that can be detached from the chassis for loading into a vessel or a rail car or stacked in a container depot. Containers may be ventilated, insulated, refrigerated, flat rack, vehicle rack, open top, high cube, bulk liquid, or equipped with interior devices. A container may be 20 feet, 40 feet, 45 feet, 48 feet, or 53 feet in length; 8'0" or 8'6" in width; and 8'6" or 9'6" in height.
The authorities designated to collect duties on imports and exports that are levied by a country (also applying to the procedures involved in such collection). They are responsible for ensuring that no illegal importation takes place.
A form requiring all data in a commercial invoice along with a certificate of value and/or a certificate of origin. Required in a few countries (usually former British territories) and usually serves as a seller?s commercial invoice.