Bale

Bale Cargo

Bagged Cargo

Banding

BULK SHIPMENT

export cargo

Bonded warehouse/Bonded Goods

IN BOND

Bolster

Chains and Binders

Container

Container Number

Container Pool / Depot

Container Yard

Cooper

Lift-on / Lift-off -

Roll-on / Roll-off -

Barges(noun)

Commodity Description

AMS -

Bay -

Bolster -

Cell -

Cell Guides -

Insulated Container

Insulated Container Tank

Container Freight Station (CFS)

Container Terminal(CT)

Container Chassis

Connecting Carrier

Container Ship

Container Tanks

contract of carriage

sealed containers

loaded containers/stuffed Container

rail Wagon,rail-flat

stuffing X de-stuffing containers

Barge

CARRIER

ON HAND (OH)

Mixed Container Load

Open Top Container

Stuffing

Carriage

A large bundle or package of compressed and bound goods, usually with an outer covering, often of burlap.

Cargo shipped in bales.

Goods shipped in sacks.

Securing of cargo on a pallet generally by a steel/metal stripping.

means a shipment consisting of loose boxes or pieces that are not containerized, palletized, or

wrapped or tied together. Also called LOOSE SHIPMENT.goods to be export through ship or air.

Customs authorities authorised warehouse used for storage of Imported goods on which payment of duties is

deferred until it is removed.

means storage of merchandise in a bonded terminal or warehouse to await Customs clearance for

entry into the country where the terminal or warehouse is located, or transshipment to another

country. IATA grants its members permission to accept, carry, and bill for air shipments.

Bracing of a commodity in a container

Used to secure (brace & chock) oversize cargo to equipment.

A truck trailer body that can be detached from the chassis for loading into a vessel, a rail car or stacked in a

container depot. Containers may be ventilated, insulated, refrigerated, flat rack, vehicle rack, open top,

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.

Identification number assigned to each container.

Where containers are stored usually inland for container availability to shippers or consignees. Carrier

location to hold empty containers, various points for shipper's utilization; an area designated for storage of

empty .

Facility where full and empty containers are stored.

Warehouse worker assigned to reconstruct or repair cartons, crates, boxes, etc.

The method by which cargo is loaded and discharged by the use of a crane.

The method by which wheeled vehicles can be directly driven on and off a vessel.

Conveyance used to carry loose cargo or containers in smaller volumes than mother vessels.

Commodity Description - Description of goods being shipped.

Automated Manifest Systems.

Section of a vessel where containers or cargo is stored.

Bracing of a commodity in a container.

Container slot where container fits into place on vessel.

A guide for each container slot.

A container insulated on the walls, roof, floor, and doors, to reduce the effect of external temperatures on

the cargo.

The frame of a container constructed to hold one or more thermally insulated tanks for liquids.

Also called a container base or consolidation depot. A depot where parcels of cargo are grouped and

packed into containers.

Location where loaded and/or empty containers are loaded or discharged from a vessel or from a

chassis/wagon. 

A vehicle specially built for the purpose of transporting containers so that the container and chassis

serve as a road trailer when assembled.

An intermediary Carrier utilised to connect cargo to/from mother vessel.

Vessel built to accommodate ocean containers.

Specially constructed cylindrical container for the carriage of bulk liquids, powders or gases.

Commonly called Tanktainers.

Binding agreement (evidenced usually by an air waybill, bill of lading, or passenger ticket) which contains

conditions of carriage that spell out the obligations and rights of a carrier and a shipper/passenger. The

carrier undertakes to deliver goods/passengers from a named place of departure to a named destination,

in consideration for freight/fare. This contract addresses issues associated specifically with what is being

carried, and how the liability and compensation for damage or injury to (or loss of) the goods/passengers

is assessed, apportioned, and paid.it contains also the carrier's policy regarding baggage, bumping,

cancellation and delays, claims

A flat bottomed cargo vessel primarily used on rivers and canals. Usually it is towed or pushed but it may be

self-propelled.

In an air-freight context, this definition applies to the Carrier issuing an Air Waybill, and to all Carriers that

carry or undertake to carry the cargo under such Air Waybill or to perform any other services related to

such air carriage.

means a shipment has arrived at a particular airport and awaits pickup by the customer.

A container load of different articles in a single consignment.

A container fitted with a solid removable roof, or with a tarpaulin roof so the container can be loaded or

unloaded from the top.

Putting cargo into a container.

means all or any part of the carriage, loading, unloading, storing, warehousing, handling and any and all

other services whatsoever undertaken by the Carrier in relation to the Goods

lading

Arrival Notice

Cargo Receipt

Freight forwarder

PORT CODE

PORT OF ENTRY

Port of discharge

Place of delivery

PROOF OF DELIVERY (POD)

SHIPPER'S LETTER OF INSTRUCTION (SLI)

VALUATION CHARGE

WAREHOUSE RECEIPT (W/R)

Free Port

Foreign-Trade Zone/Free Trade

Zone

 Combined Transport

Delivery Note

Advice of Shipment

Free Trade Zone

Freight

Freight Bill

In–Transit Entry (I.T.)

POD

Point of Origin

Port of Entry

Port of Exit

Shipper’s Letter of Instructions

Shipper's export declaration

Consolidation

CONSOLIDATOR

Mate’s Receipt/Dock receipt

OFFLOAD

Warehouse receipt(W/R)

Bill of Entry

1. Placement of cargo in its transporting vessel.

2. Cargo carried in a transportation vessel

A notification by carrier of ship’s arrival to the consignee, the “Notify Party,” and – when applicable – the

“Also Notify Party.” These parties in interest are listed in blocks 3, 4 and 10, respectively, of the Bill of

Lading.

A receipt of cargo for shipment by a consolidator.

It is a term for an independent business which handles export shipments. They are among the best

sources of information and assistance on export regulations and documentation, shipping methods,

and foreign import regulations.

means the unique code for each country's Customs port of entry.

means a place where Customs officers clear merchandise for entry into a country, collect duties, and

enforce the country's Customs laws.

Port of discharge can be a destination sea port.

An inland location away from port of discharge. if the port of delivery has been mentioned in the bill

of lading, the responsibility to deliver goods at place mentioned in Bill of Lading is vested with the

carrier of goods.

means a document sent to the shipper, showing date and time a shipment was delivered, and the

signature of the recipient.

means a document that a shipper uses to give a Carrier all necessary information about a shipment,

and to empower the Carrier to issue an Air Waybill or Bill of Lading and sign it on the shipper's

behalf.

means an additional charge a shipper must pay when he declares a higher value for articles of

extraodinary value than the Carrier's limits of liability. See DECLARED VALUE FOR CARRIAGE.

means a document issued at a warehouse to acknowledge acceptance of goods stored there to await

transport, pickup, or delivery.

An area such as a port city into which merchandise may legally be moved without payment of duties.

A port designated by the government of a country for duty-free entry of any non-prohibited goods.

Merchandise may be stored, displayed, or used for manufacturing, etc., within the zone and re-

exported without duties being paid.

Transport where the major part of the journey is by f. inst. sea and any pre-/on-carriage is carried out

by another mode such as road.

A document evidencing the delivery of a shipment to a Consignee. Delivery Order

A document issued by or on behalf of the Carrier authorising the release of import cargo to Consignee.

A notice sent to a local or foreign buyer advising that shipment has gone forward and containing

details of packing, routing, etc. A copy of the invoice is often enclosed and, if desired, a copy of the

bill of lading.

A port designated by the government of a country for duty–free entry of any non–prohibited goods.

Merchandise may be stored, displayed, used for manufacturing, etc., within the zone and re–exported

without duties.

Refers to either the cargo carried or the charges assessed for carriage of the cargo.

A document issued by the carrier based on the bill of lading and other information; used to account for a

shipment operationally, statistically, and financially.An Invoice.

Allows foreign merchandise arriving at one port to be transported in bond to another port, where a

superseding entry is filed.

Port of Discharge,Proof of Delivery

The place at which a shipment is received by a carrier from the shipper.

Port where cargo is unloaded and enters a country.

Place where cargo is loaded and leaves a country.

Shipper’s Letter of Instructions for issuing an Air Waybill. Shipper’s communication(s) to its agent and/or

directly to the international water–carrier. Instructions may be varied, e.g., specific details/clauses to be

printed on the B/L, directions for cargo pickup and delivery.

a shipper, indicating the value, weight, destination, and other basic information about an export

shipment.

Effort extended to put same destination cargo together in same container for ease of delivery.

means a company that combines less-than-container loads of cargo from multiple shippers to fill a

cargo container for transport.

An archaic practice. An acknowledgement of cargo receipt signed by a mate of the vessel. The possessor of

the mate’s receipt is entitled to the bill of lading, in exchange for that receipt.

means taking the cargo out of the Carrier's aircraft, vessel, or truck.

It is a receipt of a warehouse listing goods or commodities received for storage.

Proof of delivery for goods imported against bill of lading given by the shipper.

Freight Forwarder

Air Waybill

Customs Clearance

Customs Duty

Customs Station

Customs Warehouse

Customs Declaration FormDuty Entitlement Pass Book

Scheme.

Drawback

Export declaration

Exchange control

Import duties

Freight Shippers (Freight

Forwarders)

Marine Insurance

Open Insurance Policy

IATA-Code

Aggregate Shipment

A person whose business is to act as an agent on behalf of the shipper. A freight forwarder

frequently makes the booking reservation. In the United States, freight forwarders called as “Ocean

Intermediaries.”

The forwarding agreement or carrying agreement between shipper and air carrier and is

issued only in nonnegotiable form and also functions as a bill of lading, all information

described about domestic and international trade.

Shipment cleared by Customs for movement. paid to U.S. Customs for goods entered into U.S. from foreign countries.

Area where containers are brought for Customs inspection.

Where cargo is temporarily stored awaiting inspection or where cargo is stored when seized by

Customs due to lack of permit/entry.

means an oral or written statement describing and stating the value of goods originating

elsewhere and being imported into a destination country.

It is the import duties and taxes, either in whole or in part, refunded by a government when

the imported goods are re-exported or are used in the manufacture of exported goods.

It is a formal statement which declares the complete details about goods being exported. It is

made to customs at a port of exit.

A governmental policy designed to restrict the outflow of domestic currency and prevent a

worsened balance of payments position by controlling the amount of foreign exchange that

can be obtained or held by domestic citizens.

Customs duties payable on importation.

Agents used to coordinate the logistics of transportation. A non-asset based firm that

negotiates low shipping rates with airlines and then takes orders at a higher rate in order to

make a profit, using the other company's assets to move the product.

Insurance that compensates the owners of goods transported overseas in the event of loss

that cannot be legally recovered from the carrier.

A marine insurance policy that applies to all shipments made by an exporter over a period of

time rather than to one shipment only.

Numerous shipments from different shippers to one consignee that are consolidated and

treated as a single consignment.

certificate of origin

Inspection Certi/Exam. Certificate

Certificate of Product Origin

Document that certifies a shipment's country of origin. It is used between members of

a trading block or where special privileges are granted to goods produced in certain

countries. Certificate of origin is commonly issued by a trade promotion office, or a

chamber of commerce in the exporting country. Also called declaration of origin.

Issued from Export Inspection Agency asked for by the authorities of the importing

country. It is a document which certifies the merchandise (like perishable goods) that

it was in good condition just before its shipment.

A document required by certain foreign countries for tariff purpose, certifying

the country of origin of specified goods.

Open Account (O/A)

D/P – Documents against Payment

D/A – Documents against Acceptance

Cash Against Documents(CAD)

T/T payment

Cost and freight-CFR or C & F

CIF

Cash in advance (CIA)

Cash with order (CWO)

Barter

Clean Collection

Deferred payment credit

Cost and Freight

Claim

Free on board. (FOB)

Indemnity Bond

A trade arrangement regarded having the most risk in which the buyer pays upon the

receipt of goods, or on deferred payment basis.

The export documents and the bill of exchange provided to a collecting bank are only

made available to an importer when payment is made. The collecting bank then

transfers the funds to the seller through the remitting bank.

First,The export documents &draft with credit term are sent to collecting bank by remitting

bank with instructions to release the documents against the buyer’s acceptance to pay

payment at a specified later date(Time Draft). At maturity, the collecting bank contacts the

importer for payment.

A term in which the commission house or other intermediary transfers title documents

to the buyer upon payment in cash. This process lacks the security and legal protection

of a documentary collection since the exports documents are sent through a remitting

bank to a collection bank without a bill of exchange. It is, however, still a collection

through the banking system.T/T means telegraphic transfer -a cable message from one bank to another in order to

effect the transfer of money. T/T payment is a method of transferring funds by wire

transfer made from anywhere in the world. Payment terms may be "T/T in advance", "T/T

before shipment", "T/T within 15days after shipment",

It is a pricing term, which indicates that the cost of the goods and all transportation

charges are included in the quoted price. In this case the buyer arranges for and pays

insurance.

Cost, insurance, freight. It is the price, which includes the cost of material together with

the transport and insurance costs.

It is a term in which the price is paid in full before the shipment is made.

It is a term in which the buyer pays when the order is made and the transaction becomes

binding on both the parties.

It is a term for those types of trade in which the merchandise is exchanged directly for

other merchandise without making use of money. It is useful for those countries where the

currency is not readily convertible. System where there is an exchange goods without

involving money.

The exporter creates a bill of exchange, which is sent without any export documents to a

buyer for collection through the remitting bank to the collecting bank. There is less

security for an exporter since the documents are sent directly to the importer.

where a person receives item with a commitment to begin making payments at a future

date.

Terms of sale. Seller quotes price including the cost of goods and all transportation

charges to the named point of destination.

A request for payment by a customer due to shortage or damage to cargo.

Term of sale where responsibility for the goods changes from seller to buyer when

goods pass onto the carrying vessel

An agreement to hold a carrier harmless with regard to a liability.

Draft (or bill of exchange)

Demand draft

Acceptance

Acceptance of Bill of Exchange

Bankers Acceptance

At sight draft or Sight draft (S/D)

After Sight

Negotiable instruments

Date draft or Time draft

Documentary draft

Advance Against Documents

Bill of entry for home consumption

It is a written order, either negotiable or non-negotiable, which directs one

party to pay a certain sum of money to the drawer or to a third person.

Any agreement to purchase goods under specified terms. An agreement to

purchase goods at a stated price and under stated terms.

Acceptance of bill of exchange is an act by which drawee accepts the drawer's bill

of exchange by signing under the words 'accepted' on face of the bill. It is the

drawee's signed engagement to honor the bill as presented.

A time draft calling for payment at a future date on which the drawee is a bank, and

the bank has agreed to pay by signing "accepted" on the draft.

A draft payable upon presentation to the drawee. After shipment,the exporter sends

the sight draft to the clearing bank, along with documents to obtain the goods from

customs. The buyer has to settle the payment with the bank before the documents

are released and he can take delivery of the goods.

usually, a term or time draft for instance “at 90 days sight”, or after a specific date,

such as “at 150 days bill of lading date.”

A negotiable instrument is a written order or unconditional promise to pay a fixed

sum of money on demand or at a certain time. A negotiable instrument can be

transferred from one person to another. Once the instrument is transferred, the

holder obtains full legal title to the instrument. It is a draft payable at a specified future date after the date on which it is issued,

irrespective of the date of acceptance. [also check Draft, Sight Draft, and Time

Draft]

A draft to which documents are attached.

A loan made on the security of the documents covering the shipment.

Courier bill received from transport company which contains all details of

imported items and value.

Lading

House Air Waybill (HAWB)

Bill of Lading (B/L)

Non-negotiable(B/L)

Clean bill of lading

On Board Bill-of-Lading

Order bill of lading

Straight bill of lading

Through bill of lading

Foul Bill of Lading

On Board

Order–Notify (O/N)

Waybill (WB)

Refers to the freight shipped; the contents of a shipment.

An air waybill issued by an airfreight consolidator. The detailed information for each

individual portion of a consolidated shipment. (See also Air Waybill)

A receipt for the cargo and a contract for transportation between a shipper and

the ocean carrier. It may also be used as an instrument of ownership which can

be bought, sold, or traded while the goods are in transit. It serves as a document

of title, a contract of carriage and a receipt for goods.

Not able to be bought, sold, exchanged, or transferred. This term can be applied to

documents or other instruments. See also non-negotiable instrument.

2. Not open to negotiation. "The terms of this contract are absolutely non-negotiable; the

company will not budge."

Non-negotiable bill of lading is a bill of lading which is not made negotiable by a provision that

the goods are to be delivered only against an order in a record signed by the same or another

named person. It is a bill of lading that states that the goods are consigned to a named

person. Non-negotiable bill of lading is otherwise known as a straight bill of lading.

It is a receipt for goods which is issued by a carrier indicating that the goods were

received in "apparent good order and condition," without any damage or other

irregularities. [also check Foul bill of lading]An On Board Bill-of-Lading certifies that the cargo has been placed aboard the

named vessel and is signed by the master of the vessel or his representative. On

letter of credit transactions, an On Board Bill-of-Lading is usually necessary for

the shipper to obtain payment from the bank.

It is a negotiable bill of lading that is made out to the order of the shipper.

A term for a non-negotiable bill of lading which states a specific identity to whom the

goods should be delivered.

It is a term for a single bill of lading covering certain items moving from the point of origin

to the final location although they move through two or more modes of transportation.

A receipt of goods issued by a carrier with an indication that the goods were damaged

when received.

A notation on a bill of lading that cargo has been loaded on board a vessel. Used to satisfy

the requirements of a letter of credit, in the absence of an express requirement to the

contrary.

A bill of lading term to provide surrender of the original bill of lading before freight is

released; usually associated with a shipment covered under a letter of credit.

A document prepared by a transportation line at the point of a shipment; shows the point

of the origin, destination, route, consignor, consignee, description of shipment and amount

charged for the transportation service. It is forwarded with the shipment or sent by mail to

the agent at the transfer point or waybill destination. Abbreviation is WB. Unlike a bill of

lading, a waybill is NOT a document of title.

Commercial Invoice

Container Number -

Gross weight

Tare weight

Pro forma invoice

CONSIGNOR

DIMENSIONAL WEIGHT

General term for documents describing various aspects of a transaction, e.g.

commercial invoice, transport document, insurance document, certificate of

origin, certificate of inspection etc.

Identification number assigned to each container.

It is a term used for the full weight of a shipment, including the goods and

packaging. [also check Tare Weight]

It is the weight of the container and/or packed materials without considering the

weight of the goods inside the container.

It is an invoice provided by a supplier prior to the shipment of merchandise,

which informs the buyer of the kinds and quantities of goods to be sent, their

value, and other important specifications like weight, size, etc.

means the party contracting with the Carrier for carriage of the shipment.

means an estimate of weight based on the cubic space that a shipment occupies

(rounded up to the nearest pound). Also called, VOLUMETRIC WEIGHT

Credit Instrument

Unconfirmed Letter of Credit

sight letter of credit

Standby Letter of Credit

Revocable Letter of Credit

Irrevocable Letter of Credit

Commercial Letter of Credit

Confirmed Letter of Credit

Confirmed letter of credit

Collection Papers

DEPB

Like, Doc.credit or LC.A letter of credit where only the bank issuing it has agreed to guarantee payment.

This differs from a confirmed letter of credit, where at least two banks guarantee

payment. This increases the risk for the bank that honors the letter of credit, as it

only has one, rather than two, ways to seek recourse.

A letter of credit that is payable as soon as the required documents have been

presented.

In the event that the bank's customer defaults on a payment to the beneficiary,

and the beneficiary documents proof of its loss consistent with any terms set forth

in the letter, a standby letter of credit may be used by the beneficiary to secure

payment from the issuing bank.

An revocable letter of credit may be cancelled or modified after its date of issue, by

the issuing bank.[also check Irrevocable Letter of Credit]

An irrevocable letter of credit includes a guarantee by the issuing bank that if all of

the terms and conditions set forth in the letter are satisfied by the beneficiary, the

letter of credit will be honored.

A commercial letter of credit assures the seller that the bank will provide payment

for any goods or merchandise shipped to the bank's customer, assuming the seller

provides any required documentation of the transaction and its shipment of the

purchased goods.

A letter of credit, issued by a foreign bank, which has been verified and guaranteed

by a domestic bank in the event of default by the foreign bank or buyer. Typically,

this form of letter of credit will be sought when a domestic exporter seeks

assurance of payment from a foreign importer.

It is a term used for a letter of credit, which is issued by a foreign bank, and the

validity of which has been confirmed by a domestic bank. This is an assured

payment by the domestic bank even if the foreign buyer or the foreign bank

defaultsAll documents submitted to a buyer for the purpose of receiving payment for

a shipment.

Refers to the Duty Entitlement Pass Book to neutralise the incidence of basic

customs duty on the import content of export product. This is provided by

way of grant of duty credit against the export product at specified rates. The

DEPB Scheme