CABOTAGE
Refers
to the required use of domestic carriers for shipments in U.S. costal
waters.
CARETAKER
A
person accompanying a shipment that requires special attention while en
route. An attendant.
CARGO
Merchandise
taken onboard for conveyance.
CARLOAD
1)
Quantity of freight required to fill a railcar. 2) Specified quantity
necessary to qualify a shipment for carload rate.
CARNET
International
customs document allowing movement of commodities through a country, in
bond, with no inspection required.
CARRIER
An
individual or organization engaged in the business of transporting goods
or passengers.
CARRIER'S LIEN
The
carrier's right to hold the shipper's property as security until such time
as a shipping debt is paid.
CARTAGE
1)
Charge for pickup and/or delivery of goods. 2) Act of moving goods,
usually a short distance.
CASE MARK
Information
shown on the outside of a shipping carton, including destination and
contents.
CASH BEFORE DELIVERY
Seller
assumes no risk and extends no credit because payment is received before
shipment.
CASH ON DELIVERY
A
term of sale whereby a buyer pays the carrier the price of goods (and
possibly the delivery/freight charges) before they are released. The
seller assumes risk of purchaser refusing to accept goods.
CAT MOVE
Conference
Affairs and Tariffs: Pricing term that relates to thru moves to
inland points.
CELLULAR VESSEL
Ship
specially constructed for the stowage of containers in vertical stacks or
cells. These stacks or cells are normally six to seven levels high
when below decks, or three to four levels high when above decks.
CERTIFICATE OF INSPECTION
A
document certifying that merchandise (such as perishable goods) was in
good condition immediately prior to its shipment.
CERTIFICATE OF INSURANCE
A
document stating that insurance is in effect.
CERTIFICATE OF MANUFACTURE
Certificate
stating that goods have been manufactured by a certain manufacturer and/or
in a certain country.
CERTIFICATE OF ORIGIN
A
document required by certain foreign countries that certifies the country
of origin of specified goods for tariff purposes.
CERTIFICATE OF WEIGHT
An
authoritative statement of the weight of a shipment.
CHARGEABLE WEIGHT
The
weight used to determine airfreight charges. The chargeable weight
may be the dimensional weight, or for container shipments, the gross
weight of the shipment less the tare weight of the container.
CHASSIS
The
undercarriage of a trailer on which van containers are placed for road
movement.
CHEMICAL & BIOLOGICAL WEAPONS
Weapons
that contain biological or chemical properties.
CLAIM
1)
Demand on transportation company for payment due to loss/damage of freight
during transit. 2) Demand on transportation company for refund on
overcharge. 3) Demand by individual/company to recover certain amounts
that may be covered under an insurance policy.
CLAIM AGENT
An
overseas representative of the insurance company.
CLAIMANT
Person
or company filing a claim.
CLASS RATE
Rate
for commodities grouped according to similar shipping
characteristics. Applies to groups of articles contained in the
territorial rating column in classification schedules.
CLASSIFICATION
The process of assigning the correct definition and
category of imported merchandise within the Harmonized Tariff Schedule
of the United States. Classification and valuation are the primary
components to determining the amount of duty an importer owes on the
merchandise.
CLEAN BILL OF LADING
A
Bill of Lading signed by the carrier for merchandise received in apparent
good condition (no damage or missing pieces of freight).
CLEARANCE
Customhouse
certificate that states that all legal requirements having been met and a
ship is free to leave port.
CO-LOAD
Two
shipments from different terminals combined to ship as one load.
CODE OF FEDERAL REGULATIONS
The
codification of rules published in the Federal Register by the Executive
departments and agencies of the U.S. Federal Government.
COLLECT SHIPMENT
A
shipment whereby the delivering carrier collects freight charges from the
consignee.
COMBI-AIRCRAFT
Aircraft
specially designed to carry unitized cargo loads on the upper deck of the
craft, toward or near the passenger area.
COMBINATION RATE
A
rate determined by combining two or more rates published in different
tariffs.
COMBINATION THROUGH RATE
A
through rate determined by combining two or more rates published in
different tariffs.
COMBINATION VESSEL
A
vessel designed and built to accommodate alternative modes of cargo
handling.
COMMERCE CONTROL LIST
A
list of items under the export control jurisdiction of the Bureau of
Export Administration.
COMMERCIAL INVOICE
Itemized
list issued by seller/exporter in foreign trade showing quantity, quality,
description of goods, price, terms of sale, marks/numbers, weight, full
name/address of purchaser, date, and sometimes other pertinent
information.
COMMODITY
An
article of commerce or goods shipped.
COMMODITY CODE
Any
one of several coding systems used to identify and/or group commodities.
COMMODITY RATE
A
shipping rate, for a particular named commodity, usually to and from
specific points.
COMMODITY TARIFF
A
tariff containing only commodity rates.
COMMON CARRIER
A
carrier engaged in the business of transporting persons or goods at
published rates.
COMMON TARIFF
A
tariff published by and for the account of two or more transportation
lines as issuing carriers.
COMMODITY JURISDICTION
Request
used to determine whether an item or service is subject to the export
licensing authority of the Department of Commerce, Department of State,
Office of Defense Trade Control, or other federal agency. (USA)
COMPOSITE LEG
A
macro leg of transportation connecting three or more discrete stations.
COMPOUND DUTY RATE
A
compound duty rate is an ad valorum rate plus a specific rate that is
based on some unit of measure.
COMPUTED VALUE
A
valuation method whereby a profit value (based on margin) is added to the
costs of production to determine the price of a good.
CONCEALED DAMAGE
When
goods in an apparently undamaged container are damaged. Claims are
hard to settle because neither shipper nor carrier wants to accept
responsibility.
CONCURRENCE
Document
signed by a carrier and filed with the Interstate Commerce Commission that
verifies that the carrier participates in rates published in a tariff by a
given agent. (USA)
CONFERENCE
1)
Independent/autonomous organization within the American Trucking
Associations that represents a certain class/type of motor carrier. 2)
Association of ship owners that service the same trade route(s) and
operate under collective conditions of carriage and tariff rates.
CONFIRMED LETTER OF CREDIT
A
letter of credit, issued by a foreign bank, with validity confirmed by a
U.S. bank. When confirmed, the U.S. bank undertakes responsibility
for payment even if the foreign buyer or bank defaults.
CONFERENCE RATE
A
rate arrived at by the conference of carriers applicable to
transportation.
CONNECTING CARRIER
A
carrier who has a direct connection with another carrier, under which
people or freight are moved in joint-line service.
CONSIGN
Furnishing
goods to an agent to sell on the consignor’s behalf.
CONSIGNEE
Person
who receives goods shipped from a consignor.
CONSIGNMENT
See
shipment.
CONSIGNOR
The
person or firm from whom the goods have been received for shipment, the
seller, shipper, or exporter.
CONSOLIDATED LOAD
A
number of small individual shipments, possibly by different shippers,
combined into a single large load, to take advantage of economies of
scale.
CONSOLIDATION
Combining
less-than-carload or less-than-truckload shipments, to make
carload/truckload movements.
CONSUL
Commercial
representative of one country residing officially in another country,
whose duties are to facilitate business and represent the merchants of his
nation.
CONSULAR FEES
The
fees charged by a consul for his official certifications or notorial
legislations.
CONSULAR INVOICE
A
document required by some foreign countries that describes a shipment of
goods and shows information, such as the consignor, consignee, and value
of the shipment. Certified by a consular official of the foreign
country, it is used by the country’s customs officials to verify the
value, quantity, and nature of the shipment.
CONTAINER
A
uniform, sealed, reusable metal “box” (generally 40 feet in length,
able to hold approximately 40,000 pounds) in which goods are shipped by
vessel or rail.
CONTAINER CRANE (ONSHORE)
A
specially designed land-based crane on tracks for loading or unloading
containers from vessels.
CONTAINER EQUIVALENTS
The
internationally recognized standard conversions that serve as the basis
for converting containers of various sizes into comparable units.
CONTAINER FRIEGHT STATION
A
carrier facility where less-than-container load shipments are consolidated
for shipment, unloaded for shipment, or unloaded for final delivery.
The term CFS Shipment indicates less than a container load.
CONTAINER LOAD
The
amount, which fills, or partially fills a container to cubic or weight
capacity.
CONTAINER SHIP
A
ship specially constructed to handle containerized cargo.
CONTAINER YARD
A
carrier facility where full containers are stored.
CONTAINERIZATION
1)
Using box-like device to store, protect and handle a number of packages as
a unit of transit. 2) Shipping system based on large cargo-carrying
containers that can be interchanged between trucks, trains, and ships
without rehandling contents.
CONTINGENCY INSURANCE
When
a product is sold under terms that require the buyer to provide insurance
coverage, the seller may elect to purchase “backup insurance” in case
the coverage provided by the buyer is not sufficient to cover the value of
the shipment.
CONTINUOUS SEALS
A
term denoting that seals on a vehicle remained intact during the movement
from origin to destination.
CONTRABAND
Illegal
or prohibited goods.
CONTRACT CARRIER
Carrier
engaged in interstate transportation of persons/property by motor vehicle
on a for-hire basis, but under continuing contract with one or a limited
number of customers. Must receive authorization permit from the
Interstate Commerce Commission.
COST AND FREIGHT
Shipper
pays the ocean freight and other costs (Accessorial, Inland
Transportation, etc.) associated with the movement of the cargo to a
particular point of the consignee's choosing. The consignee pays the
Insurance.
COST AND INSURANCE
Shipper
pays the for the insurance and shipping related costs other than ocean
freight, associated with the movement of the cargo to a particular point
of the consignee's choosing. The consignee pays the Ocean freight.
COST, INSURANCE AND FREIGHT
A
valuation basis whereby a shipper pays the freight and insurance charges
associated with the movement of cargo to a particular
destination.
COUNTERVAILING DUTIES
Duties
assessed by a country to remedy the unfair advantage that certain
industries or manufacturer’s gain when they are unfairly subsidized by
their governments.
COUNTRY CHART
A
chart that contains certain licensing requirements based on destination
and reason for control.
COUNTRY GROUPS
For
export control purposes, foreign countries are separated into five country
groups designated by the symbols A,B,C,D, and E. (USA)
COUNTRY OF EXPORT
The
country where goods are shipped from.
COUNTRY OF MANUFACTURE
The
country where the product is actually made or grown. If more than
one country is involved, the country of manufacture is normally the
country where the last major transformation took place.
COUNTRY OF ORIGIN
The
country that produced the imported merchandise (see "marking").
CREDIT RISK INSURANCE
Insurance
designed to cover risks of nonpayment for delivered goods.
CUBE-OUT
When
the cubic capacity of a container is reached before the weight capacity.
CUBE RATE
A
dimensional shipping rate based on the amount of trailer space that is
used, instead of weight. Used for light bulky loads.
CUBIC CAPACITY
The
carrying capacity of a vehicle expressed in cubic feet/meters.
CURRENCY ADJUSTMENT FACTOR
A
charge used to equalize fluctuating rates of exchange. An ancillary
charge on some ocean freight shipments, expressed as a percentage of a
base rate, to compensate ocean carriers for fluctuations in the value of
the U.S. dollar against foreign currencies.
CURRENCY OF TRANSACTION
The
currency used to pay for goods.
CUSTOMS
Denoted
by its capital "C", this terms refers to the U.S. Customs
Service.
CUSTOMS BROKER
The
importer's agent licensed by the Customs Service to enter and clear goods
through Customs.
CUSTOMS COOPERATION COUNCIL
An
international Customs organization in Brussels that oversees, and strives
to harmonize, tariff and regulatory matters worldwide.
CUSTOMS
MODERNIZATION ACT (often referred to as "The Mod Act")
Recently
enacted federal legislation that imposes new and extensive compliance and
record-keeping requirements on importers, shifts the responsibility for
customs compliance from the Government to importers, and imposes a
standard of reasonable care on importers.
CUSTOMS TARIFF
Schedule
of charges assessed by the government on imports/exports.
CUSTOMS UNION
A
union of countries where there are no duties on products traded among
member nations and common external tariffs levied on imported
products from non-member states. |