Carriers issue air waybills for air freight, which are non-subject to negotiation documents.
There are three functions that an air waybill performs: a delivery instruction, a carriage agreement, and a air freight receipt.
Cargo shipments by air are subject to an airline terminal fee to process the cargo.
Depending on the circumstances, the airline terminal fee will show up both as a departure charge and as an arrival charge on your invoice or quote.
All-risk cargo insurance is coverage for multiple risks associated with transiting goods, such as damage or destruction. There is no limit on losses or damages, with the exception of those that are not covered by the policy.
Mitigating the adverse effects of dumping by assessing anti-dumping duties. In this circumstance, foreign manufacturers sell their products to American consumers at a lower price than they are worth. The anti-dumping duty compensates for the difference between the actual value and the price the foreign supplier is willing to charge. Depending on the situation, anti-dumping charges can be anything from 0% to 550% of the commercial invoice price.
AEIS is an automatic system that facilitates the filing of U.S. Declarations of Export. Export and manifest information can be filed electronically primarily through Customs.
The advantage of electronic filing is that it enables immediate editing of collected information and rectifies any errors at the point of filing.
Information is transmitted electronically by Customs and Border Protection. Shipping into the U.S. by air or ocean requires an AMS filing containing detailed cargo information to ensure security.
All electronic information transmissions are commonly referred to as AMS. ACE (Automated Commercial Environment) is used for electronic truck, rail, and sea manifests.
BAF is a measure of ocean freight shipping’s floating fuel price level, usually updated quarterly. An International Maritime Organization (IMO) initiative put low sulfur surcharges in place to reduce sulfuric fuel emissions being created by ocean carriers.
Ocean carriers charge BAF per container to safeguard against fuel price variations.
A Binding Tariff Information decision is an EU taxation and customs union decision that classifies your goods. All EU Customs administrations will be bound by a BTI issued for a specific legal entity for a maximum period of 3 years. With a BTI, you’ll know if your products have a correct product code or tariff. The correct tariff should be applied because tariffs vary according to classification.
The bill of lading describes how and where a shipment will be shipped. In layman’s terms, it is a contract to move goods, acting in a similar role as a receipt, and it may serve as a proof of ownership. The bills of lading for ocean shipments have to be original or express.
BOI is a system that is used throughout the EU. A decision on the origin of your goods can be obtained from an EU Member State under this system. EU law binds these decisions. You are not required to complete a BOI. The BOI system, however, can clarify your goods’ origin.
Blank sailings are sailings that are terminated by the carrier. It is possible for a vessel to skip a port, or even cancel the whole trip.
Strings are sets of ports that a carrier serves weekly. Strings move around in a circle, but always depart from each port on the same day every week.
When the shipper is unknown to the consignee, a blind shipment occurs.
Direct shipments are requested by distributors who wish to reduce the number of distribution channels they have to go through. By doing this, the origin of the product can be concealed.
Shipping labels are blanked out and filled in with information about the seller. So the customer doesn’t know who fulfilled it.
Bobtails are trucks (tractors) that do not have trailers attached. Unlike live unloads, truckers charge bobtail fees for dropping off FCL containers at warehouses and picking them up after they are unloaded. You can also call it a drop fee.
Unpaid customs duties on goods. Bonded warehouses are required to store these goods, under customs authority, for the duration of the customs duty payment process.
A bonded good is one that has not yet paid customs duty, requiring them to remain in customs-supervised warehouses until they are paid.
Shippers call it break bulk if what they’re shipping doesn’t fit in a standard container. Rather than transporting bulk goods as a whole, they are packed separately in bags, boxes, crates, and barrels. /Due to the need to load and unload each item individually, break bulk shipping takes more time than shipping in standardized containers.
Items being shipped loose and unpackaged, rather than packaged or containerized, are called bulk cargo. If an item is not containerized and cannot be contained on a vessel with ease, it may be classified as bulk cargo. Among the items that are considered bulk cargo are oil, coal, and grains.
Customs Assigned Importer Numbers are known as CAINs. A foreign importer of record who imports into the U.S. without an EIN, can be assisted in obtaining a CAIN by the ports of entry.
A foreign importer importing goods into the U.S. without an EIN will be required to obtain a CAIN.
The Cubic Meter (CBM) is a measurement of volume that has a width of one meter, a length of one meter, and a height of one meter.
Chargeable weight is calculated using CBM.
A branch of the U.S. Department of Homeland Security, established in 2003, responsible for international trade and travel. Among its duties, Customs and Border Protection examines import documents such as commercial invoices and packing lists, administers import duties, and conducts customs examinations.
This electronic system is used by the UK government to process customs declarations. The new CDS system will replace the old CHIEF system.
CBP designates privately operated facilities for physical examinations. A Customs inspection can be conducted at these facilities. Tailgate or intensive shipments will be trucked to CESs.
Consolidation and deconsolidation warehouses specialize in cargo consolidation.
An CFSs (container freight stations) will receive LCL shipments at origin. They will be consolidated with other cargo in a container. CY (container yard) will then load the container on the vessel after it is trucked to CY (container yard).
The CFS cut-off is the date by which an LCL shipment must have been checked into the CFS in order to be shipped.
Consolidation stations (CFS) consolidate LCL cargo (at source) and deconsolidate it (when it reaches the destination). Fees are charged by the CFS for this service, determined by the volume of the shipment.
CHED’s are health documents used to enter consignments of plant products, edibles, and livestock. It is required that these documents be submitted via TRACES in order to clear the types of goods mentioned above.
Land, air, and sea movements of goods are logged by the (CHIEF) system. By completing customs formalities electronically, importers, exporters, and freight forwarders can eliminate errors in their entries.
The CITES agreement is between governments across the globe. In order to protect wild animals and plants from international trade, it makes sure that trade avoids endangering these animals and plants.
Basically, it’s a program run by CBP to improve international supply chain security. The Customs and Border Protection agency works with cargo forwarders, exporters, intermediaries, and suppliers in order to identify and implement best practices pertaining to security.
For a container to be loaded on a scheduled vessel, it must be gated in by a certain date.
Insurance coverage for cargo is purchased by cargo owners as a means of protecting their goods during transportation, whether by land, air, or sea. This is specialized insurance designed for transportation risks.
Insurers set liability limits for cargo like money limits they will provide in the event of loss or damage.
Owners of ocean cargo are covered by ocean cargo owners liability insurance in the event that third parties claim that their cargo caused damages, injuries, or death during transit.
A cargo ready date (CRD) refers to when a shipment should be available at a supplier or other designated location like a container yard or airport.
Transporting cargo from one location to another is the job of a freight carrier.
In local areas, trucking is used for transporting cargo to and from CFSs.
The shipment will be delivered to its final destination by an LTL trucker if it is not delivered locally.
Transporting ocean containers over the road requires special trailers or undercarriages.
If your shipment is being transported by truck, you will be charged a chassis fee. (e.g., when your stuff arrives at a port, if you are transporting it by truck to its final destination. Truckers charge a flat fee for FCL shipments. A LCL shipment’s fee is determined by its volume.
Basically, a chassis pool is a place where chassis are stored and rented.
The term chassis split refers to a situation in which the chassis and container are not located together. In this situation, a chassis split fee may be assessed by the trucking company to cover the transportation costs.
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An area that is closed for outside operators to pick up containers can be defined as a closed area, as designated by the terminal. Congestion at terminals is more likely to cause them, and they last several hours or days. The only thing you can do is wait. There’s no way around this.
Third parties, known as co-loaders, consolidate the cargo of multiple LCL shipments in a single container before shipping it by ocean.
In order to determine whether export licenses are required for U.S. products, the Commerce Control List (CCL) lists categories and product groups.
Known as a commercial invoice, it identifies the value of the products shipped and their quantity for customs purposes.
In general, a common carrier is an organization that provides services to the public and accepts cargo on a capacity basis.
Companies’ customs transactions are analysed or audited as part of a compliance assessment.
Damages that occur during transit are covered by concealed damage coverage in the event that something happens during transit that’s not visible right away.
When the cargo arrives at its destination, it will be delivered to the consignee, who will become the owner of the goods.
Combined shipments are loaded together in a truck or container as part of consolidation.
Shipping containers are steel receptacles that are used for ocean and rail freight.
Ocean containers are stored at container yards (CYs) before and after a sailing, while empty containers are stored by carriers.
U.S. customs require a bond when importing goods to protect the Treasury. Your import shipment will be covered for one year by a continuous customs bond.
Contracts of carriage govern the transportation of cargo between a transporter and a shipper.
When goods get damaged during shipping, damage control is what manages and disposes of them.
Companies’ customs transactions are analysed or audited as part of a compliance assessment.
In this case, it is the place where your products are manufactured.
It is a requirement to mark every article with the country of origin if it was made outside the US. The item must state the country that is was produced in.
Customs bonds, also known as import bonds, prove that import taxes, duties, and fees have been paid.
Importers and exporters hire customs brokers to prepare documents to clear goods through customs.
Licensed Customs Brokers must take responsibility for certain activities, which require monitoring and control by them when they’re dealing with CBP on the importer’s behalf under the power of attorney.
In order for a specific country’s borders to be opened or closed, a good needs to obtain customs clearance.
To clear customs, customs entries declare the kind, amount, and value of the goods being entered or exited.
A customs exam may be required when your shipment enters the U.S.
Any applicable fees are your responsibility once your products are pulled for Customs inspection. Based on the type of inspection performed, these can cost up to $1,000.
CPCs help HMRC identify the reason for exports or imports, and determine the appropriate customs regime. Import and export declarations must include the CPC.
Imported goods are assessed for their customs value using this procedure. In cases where duty is calculated ad valorem, a customs value must be determined in order to calculate duty.
An insurance policy that covers debris removal gives protection to the owner of items being transported in any manner after the items have been unloaded in the event that debris remains behind.
Coverage for declared values does not constitute insurance but rather increases the carrier’s financial responsibility.
LCL shipments are deconsolidated in preparation for final delivery by separating them out.
Containers are used for LCL shipments at origin and are deconsolidated at the destination.
Policyholders must pay a deductible before they can be reimbursed by their insurance policy.
Freight forwarders and customs brokers are responsible for collecting VAT and duty on your behalf, which is then billed directly to you.
The reverse-charge mechanism allows you to import goods without paying VAT in the immediate period after import. By filing your periodic VAT return, you can pay the VAT when it is due, offering significant benefits to your cash flow.
Delivery labor fees are assessed by truckers if they assist with the unloading of cargo at warehouses or other locations.
The delivery order specifies the pickup and delivery details of the shipment to be sent to the trucker.
Containers left at the port after the last free day are subject to demurrage fees.
In the case of a container being out of port for more than a day, a fee is charged for the detention, it is also called per diem.
The term “devanning” refers to a logistics process “by which cargo is unloaded from a container.”
There’s a disbursement fee if you don’t pay your taxes and duties to customs, government agencies, and have us do it for you.
A domestic inland transit occurs when goods are moved within one country, usually through land or water, either before or after unloading from the aircraft or ship that transported them internationally.
When a shipment is double-blind, the shipper doesn’t know where it’s going to and consignees don’t know where it’s coming from.
The per diem fee is charged for each day a container is held away from port.
Drop shipments are one way to deliver FCL shipments.
A drop fee is charged by the trucker when picking up an unloaded FCL container after it has been dropped off at the warehouse. The fee is also referred to as a bobtail fee.
Drop and pick trucking is a high-volume freight container line delivery option.
A drop-and-pick trucking method is a good way to deliver high-volume containers.
If a trailer isn’t temperature-controlled or flatbed, it is classified as dry van shipping.
Duties are indirect taxes on imports and exports.
In case of imports, drawback refers to the refund of customs duties and certain specifically defined taxes reimbursed by the Internal Revenue Service. It is only when a claim for drawback has been filed with customs that these refunds are issued.
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Once fuel costs have exceeded carriers’ profit margins, carriers implement an EBS.
Identifying businesses based in the United States requires an EIN issued by the federal government.
Electronic log books are used instead of paper books by truckers to record their hours.
Business entities are identified by EORI numbers in the European Union.
It is the least responsibilities that are assigned to the supplier under this incoterm.
(EACCN) stands for Export Control Control Number, which classifies U.S. exports.
When exporting to a port of export, an export declaration is submitted to the port.
The right to export restricted or controlled commodities is granted to someone who obtains an export license.
Express bills of lading (B/L) are those in which the carrier is required to deliver the merchandise to the named recipient without issuance of original bills of lading (OBLs).
A customs procedure called external transit allows non-Union goods to move from one location to another inside the Union’s customs territory without having to pay customs duties.
With FBA, you will have your products stored and shipped by Amazon.
All shipments going to different FBA warehouses are assigned an FBA ID.
When shipping by an ocean container.
An FCL container is a full container occupied by one shipment, as opposed to an LCL container.
An agency within the Department of Health and Human Services that regulates various types of products for the protection of public health.
Shipment volume is measured in FEUs.
The Flegt documents of license that are given by timber manufacturing countries that have a voluntary agreement with the EU.
A FOB agreement is when the seller must clear, deliver, and load the goods onto the ocean vessel before exporting them.
Free trade agreements reduce import and export barriers between two or more countries.
A full truckload is the type of trucking used for massive shipments.
Ocean transportation is regulated by the Federal Maritime Commission (FMC).
It’s a way of determining the real value, calculated from the original vendor’s price and the factory’s, that meets specified criteria.
(FTZ) refers to a special economic zone where duties and taxes are not applied to merchandise.
Fuel surcharges are charged by trucking companies to protect themselves against fuel price volatility.
GRIs are general rate increases that ocean freight carriers can apply.
When a container is gated in, it is checked into the port of origin.
When a maritime catastrophe occurs, a General Average is declared, and it can be very expensive for shippers who do not have cargo insurance.
Generally, cargo is placed on General Order if improper documentation or other issues are causing it to be held up at Customs.
Typically, a cargo insurance policy covers losses, damage, or theft only at specific locations and areas.
There is more cargo space in HC containers because they are taller than standard containers.
Customs uses HS and HTS codes to classify products.
It is calculated based on the commercial invoice’s declared cargo value, which is 0.125%.
Shipment of hazardous materials needs to be handled carefully.
Importer Security Filings detail 12 details about shipments coming to America via ocean. This is a requirement of U.S. Customs and Border Patrol.
In freight charges, there’s a fee for ISPS Code, a safety measure introduced after 9/11.
Customs documentation and payment are the responsibility of the importer of record.
An Incoterm is a contract between a seller and a buyer, specifying who handles payments and goods.
Many cargo insurance policies exclude inherent vices, which are defects found in the product itself.
It may cost extra if the delivery involves installation, or the trucker has to enter the building to make the delivery.
As the most thorough Customs exam, the Customs Intensive provides the most detailed information.
Loss of or damage to cargo is considered an interest insured when it refers to the financial or ownership rights that an insured party has over the property.
A program called International Roadcheck targets commercial motor vehicles around the world.
Owners of goods who are being shipped by any mode of transportation are covered by interruption of transit coverage if the shipping gets stopped or delayed because of an insured risk.
Customs computer systems are linked to several UK ports and airports. With inventory-linking, these ports/airports are able to handle goods arrivals, presentations, and departures on behalf of HMRC.
It’s against the Jones Act for ships from outside the US to sail US trade lanes ( including those in Puerto Rico).
For companies shipping by air, known shipper status is preferred, and for companies flying from the United States, it is a necessity.
If you do not have enough stuff to fill a container, LCL shipping is the best option.
Small shipments that aren’t large enough to fill up a truck are shipped by LTL.
Storage time is free until the last free day.
Indemnity letters are documents provided by shippers that state they will be liable for any harm or loss resulting from contract breaches.
Unloading a truck is made easier with a liftgate attached to the back.
When there is no loading dock at the delivery destination, a liftgate is used. This service is typically charged by truckers.
When a trucker does a live unload, instead of dropping the container, he waits for it to be unloaded.
When goods are damaged during loading or unloading, the owner of the goods is protected under loading and unloading coverage.
Any hazardous shipment, or even one that could be hazardous, will require an MSDS. Providing all documentation related to hazmat is the responsibility of the supplier.
Most imports into the United States are subject to a fee called the Merchandise Processing Fee (MPF).
A trucking company can purchase motor truck cargo insurance to protect itself against financial losses from the loss or damage of cargo it transports.
The National Export System (NES) is a computer-based system which enables export declarations to be submitted electronically.
Food safety, animal welfare, and nature conservation are the responsibilities of this Dutch government agency.
Federal Maritime Commission regulations govern Negotiated Rate Arrangements. Before the cargo is loaded onto the vessel, all ocean freight rates must be documented and approved.
The purpose of this statement is to certify that importers are not responsible for reimbursing antidumping and countervailing duties.
Ocean carriers that do not operate ocean transportation vessels transport goods under their own House Bill of Ladings, or similar documents, without using ocean carriers.
When cargo arrives at its destination, a carrier notifies a notify party with shipment information.
Every shipment will incur origin charges, but the incoterm determines who pays for them.
An origin engineering process involves moving part of the manufacture of a product to another country so that it won’t be subjected to harsh trade barriers, such as higher duties.
Originally, a bill of lading acts as both a title and receipt for the shipment.
Regulations and oversight of certain products are handled by PGAs, which are divisions of the U.S. government.
A signature is required POA from the importer of record to move and clear a shipment.
In times of high demand, carriers may apply PSS, which is a fluctuating surcharge.
Customs declarations require a Packing List. Customs exams can be avoided with accurate documentation.
When truckers pick up cargo, unless pallets are brought to exchange, a pallet exchange fee is assessed.
Cargo insurance companies often use the term particular average to describe losses or damages to cargo that cannot be attributed to general average causes.
Whenever a container is away from port for more than the number of “free” days, it will incur a per diem charge.
A single payment to US Customs & Border Protection can be combined for all shipments released in one month by the Importer of Record.
When your shipment is unloaded during peak hours at the Port of Los Angeles/Long Beach, you will be charged a Pier Pass traffic mitigation fee. Port authorities are implementing this initiative to ease congestion, encouraging off-peak pickups.
An export declaration filing notifies a port that a particular container, along with the export declaration documents, will be on a certain vessel heading to a certain destination. After export clearance, it is the next step.
Pre-pulls occur when ocean containers are retrieved from ports and held at a trucker’s yard, rather than delivered right away. Demurrage fees can be avoided with a pre-pull.
Preferential Duty Rates apply to imports from third countries that are lower than the normal duty rates.
In this case, violations have been disclosed voluntarily prior to an investigation starting. As a result of these violations, you will usually have to tender a loss of duties.
When delivering to a residential address, a trucker may charge a residential delivery fee. A residential delivery may also incur other costs.
Licensed customs brokers are required to work closely with their employees to make sure that all customs transactions meet all regulatory requirements, reflect their high standards of quality, and are processed in a timely manner.
Cargo that cannot be loaded onto a vessel due to vessel capacity runs into the category of rolled cargo.
The category of rolled cargo includes cargo that is unable to be shipped because the vessel is not capable of carrying it.
A SLI is a document you need to export from the US.
The Shipping Order confirms that a vessel has been booked for the shipment.
Split air shipments arrive on more than one flight. Large shipments are more likely to experience this problem.
Your shipment may be subject to a stop-off fee if it is split among several delivery points.
No matter whether you plan to put your shipment into storage, there may be storage charges.
Logistics term “stuffing” refers to loading a container.
A TARIC code has a length of at least ten numbers, with the first six being based on the international Harmonized System.
The volume of a shipment is measured in TEUs.
Removal of goods from Customs supervision with permission from the customs authorities.
When the container arrives at the ocean terminal, a Customs officer will break the seal, open the doors, and examine the contents.
The process of tariff engineering involves modifying products to pay the lowest possible duty rates.
Several types of exemptions are available for defined volumes of goods, called “preferential tariffs”.
As defined by cargo insurance policies, the insured amount refers to the sum of all the goods that have been insured.
A trade remedy is a policy or measure such as increasing duties, restrictions, import bans, or any other method by which a government organization counters unfair trade practices.
Transporting a shipment between two modes of transport is called transloading.
Containers are stacked, loaded, and unloaded using a transtainer, sometimes called an RTG.
In the event that a truck driver needs to wait longer than two hours to unload cargo, they will charge a trucking wait fee.
ULDs are devices used to move airfreight cargo.
That’s what Dutch people call the actual Duties Bill.
A shipment’s ultimate consignee is the person receiving the shipment.
Importing into the EU requires a VAT number.
Customs authorities conduct this kind of inspection whenever they suspect a shipment is worth more than it appears.
When a vessel unloads at a wharf, it must pay a wharfage fee.
An airline calculates your shipment’s cost based on the chargeable weight. Weight may be expressed as either volumetric or gross weight, depending on the greater of these two values.
Shippers are charged directly at the forwarder’s origin warehouse for cargo handling at origin. Before collecting the cargo from the forwarder’s destination warehouse, the consignee is billed directly for local handling charges
On behalf of their clients, customs brokers are responsible for arranging payments of fees and duties, processing sending and receiving paperwork, following customs regulations, validating paperwork, and clearing customs.
Your EIN will be issued as soon as all validations have been completed. Your EIN confirmation notice can then be downloaded, saved, and printed.
Shippers who have been vetted by an air carrier or freight forwarder may obtain this designation through the TSA (U.S. Transportation Security Administration).
Customs clearance can be processed on your behalf using a power of attorney, a legal document.
Your goods must be cleared through US Customs with a signed POA.
Brokerage services may be offered by your freight forwarder directly, or through a third party.
Freight moves between an inland container freight station and a seaport of loading via inland haulage charges.
It is a basic marine container used for shipping. It is 20 feet long 8.6 feet tall and 8 feet wide. It can hold up to 11 pallets in each tier. It can handle up to 28 weight tons
Beneficial Cargo Owners (BCOs) are the parties in possession of the shipment’s product
Confirmation of a reservation or booking request is a document called a booking confirmation
Documents that attest to the manufacture of a product in a particular country are known as Certificates of Origin
International shipping involves the use of commercial invoices. The information it provides includes: what the item is.
Shipping goods and products to a recipient is the responsibility of a consignor
A warehouse station consolidates or deconsolidates cargo before imports and exports of products/goods.
For a fee, freight forwarders or forwarding agents coordinate shipments between shippers and carriers on behalf of their clients
An area is completely filled with gaseous pesticides and fumigants, to suffocate or poison the pests within, as a method of pest control or microorganism removal
Banks provide terms and conditions for the purchase of goods or services through Letters of Credit between sellers, buyers, and banks
It contains information and instructions on how to handle and work with chemicals.
Declarations of export are government documents declaring the export of designated goods
An The export license is an official document granting permission to export products or services
Generally, an inspection certificate certifies that goods meet the terms of a sales contract and are in good condition
Expedited shipping services are provided by international express couriers
Common carriers without vessels that provide the same services as ocean carriers.
Basically, a packing list is a list of contents of a box or carton that needs to be shipped or transported
Shipper’s Letters of Instruction contain all shipping information that is required by the exporter. To ensure accuracy and correct movement of products across borders, it provides shipping instructions to the freight forwarder
An estimate of the cost of transporting a product or cargo is called a shipping quote.
Fees are paid when traffic congestion occurs at a terminal. Seaport operators impose this charge to mitigate truck congestion and encourage off-peak container pickup
International trade and transport of hazardous materials and goods are identified with UN numbers (four-digit numbers)
Shipments that are blind conceal the identity of the original seller or producer
Whenever goods enter or leave a country, they must be declared to Customs authorities. Customs duties and taxes are required for the movement of cargo as well as for the payment of customs taxes and duties.
Imported or exported goods are declared as customs entries. A customs broker or importer submits it to the customs department on a form. The tag says where the goods came from, what they are, how much they are, and what their duty is. Using the entry, customs calculates and collects duties owed.
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In freight management, goods are monitored and managed during delivery.
Financing international trade and commerce is about buying and selling goods and services. A variety of financial products are used like credit letters and trade transactionsHYPERLINK “https://www.bing.com/ck/a?!&&p=1dc3d0f43adaa91fJmltdHM9MTY5MzI2NzIwMCZpZ3VpZD0yMWNjYTI2ZC1iZGY0LTYwNDQtMWNjYS1iMTE5YmMwZTYxNTMmaW5zaWQ9NTgyNg&ptn=3&hsh=3&fclid=21cca26d-bdf4-6044-1cca-b119bc0e6153&psq=What+is+trade+financing+in+international+trade%3f&u=a1aHR0cHM6Ly93d3cuZHJpcGNhcGl0YWwuY29tL2VuLXVzL3Jlc291cmNlcy9maW5hbmNlLWd1aWRlcy9pbnRlcm5hdGlvbmFsLXRyYWRlLWZpbmFuY2U&ntb=1”, enabling importers and exporters to conduct trade
The U.S. Customs and Border Protection agency falls under the Department of Homeland Security. By facilitating lawful international travel and trade, it prevents terrorists from entering the United States and their weapons from entering the country.
Often known as VAT numbers, value-added tax identification numbers are a type of identifier that is used in many countries, including the EU countries, to collect value-added taxes.
When calculating TEU multiply your cargo volume by 33.2 cubic meters, which is the volume of a 20-foot container.
Order lead time is how long it takes for an order to be processed from the time it is placed until it is received.
A rolling cargo container is one which can be driven or towed onto a vessel, such as a truck, trailer, or a variety of rolling general freight.
A vessel bunch is when two vessels arrive within a short period of time after each other.
Blank sailing refers to the act of skipping an entire trip or a particular port on a scheduled sailing route by a shipping line.
It is the cost of transporting goods between two locations.
In some cases, diverting cargo is possible but there may be some restrictions in certain countries and fees will apply. You need to contact the shipper directly to speak to them about the option available.
A sweeper vessel is a vessel that is dispatched by an international carrier to complete a specific task. Empty containers can be loaded at the ports and shipped to specific destinations at the expense of shipping companies.
The term ground shipping refers to cargo that is transported by truck (by road) and not by air.
During international imports, the importer of record ensures the destination country meets compliance requirements.
Shippers and carriers use letters of indemnity to guarantee that some conditions will be met in an agreement.
Ships unload part or all of their cargo at ports of discharge. Depending on where the goods are going, the discharge port may differ from the delivery port.