Top: Business: Transportation and Warehousing: Maritime: Terminology: A




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AA

Always Afloat (In some ports the ship aground when approaching, or at berth.)


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AAR

Abbreviation for:
- Against All Risks (insurance clause).
- Association of American Railroads.


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Abandon

A proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo.


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Abatement

A discount allowed for damage or overcharge in the payment of a bill.


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ABI

U.S. Customs' "Automated Broker Interface," by which brokers file importers' entries electronically.


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Aboard

Referring to cargo being put, or laden, onto a means of conveyance.


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Absorption

One carrier assumes the charges of another without any increase in charges to the shipper.


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Acceptance

- A time draft (or bill of exchange) that the drawee (payer) has accepted and is unconditionally obligated to pay at maturity.
- Broadly speaking, any agreement to purchase goods under specified terms.


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Accessorial Charges

Charges that are applied to the base tariff rate or base contract rate, e.g., bunkers, container, currency, destination/delivery.


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Acquiescence

When a bill of lading is accepted or signed by a shipper or shipper's agent without protest, the shipper is said to acquiesce to the terms, giving a silent form of consent.


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Acquittance

A written receipt in full, in discharge from all claims.


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ACS (A.C.S.)

U.S. Customs' master computer system, "Automated Commercial Systems."


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Act of God

An act beyond human control, such as lightning, flood or earthquake.


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Ad Valorem

A term from Latin meaning, "according to value."


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Administrative Law Judge

A representative of a government commission or agency vested with power to administer oaths, examine witnesses, take testimony, and conduct hearings of cases submitted to, or initiated by, that agency. Also called Hearing Examiner.


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Admiralty (Adm.)

Refers to marine matters such as an Admiralty Court.


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Advance

To move cargo up line to a vessel leaving sooner than the one booked. (See "Roll.")


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Advanced Charge

Transportation charge advanced by one carrier to another to be collected by the later carrier from the consignor or consignee.


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Adventure

Shipment of goods on shipper's own account. A bill of adventure is a document signed by the master of the ship that carries goods at owner' risk.


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Advice of Shipment

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.


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Advising Bank

A bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank.


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Affreightment, Contract of

An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.


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Aft

Movement toward the stern (back end) of a ship.


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Agency Tariff

A tariff published by an agent on behalf of several carriers.


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Agent (Agt.)

A person authorized to transact business for and in the name of another person or company. Types of agent are:
(1) brokers,
(2) commission merchants,
(3) resident buyers,
(4) sales agents,
5) manufacturer's representatives.


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Aggregate Shipment

Numerous shipments from different shippers to one consignee that are consolidated and treated as a single consignment.


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Agreed valuation

The value of a shipment agreed upon in order to secure a specific freight rate.


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Agreed Weight

The weight prescribed by agreement between carrier and shipper for goods shipped in certain packages or in a certain number.


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A.I.D.

Agency for International Development.


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Air Waybill

The forwarding agreement or carrying agreement between shipper and air carrier and is issued only in nonnegotiable form.


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All In

The total price to move cargo from origin to destination, inclusive of all charges.


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Alongside

A phrase referring to the side of a ship. Goods delivered "alongside" are to be placed on the dock or barge within reach of the transport ship's tackle so that they can be loaded.


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Alternative Rates

Privilege to use the rate producing the lowest charge.


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Ambient Temperature

The temperature of a surrounding body. The ambient temperature of a container is the atmospheric temperature to which it is exposed.


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American Bureau of Shipping

U.S. classification society which certifies seagoing vessels for compliance to standardized rules regarding construction and maintenance.


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AMS

The U.S. Customs' "Automated Manifest System."


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Anti-Dumping Duty

A tariff imposed to discourage sale of foreign goods, subsidized to sell at low prices detrimental to local manufacturers.


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Any Quantity (A.Q.)

Usually refers to a rating that applies to an article regardless of size or quantity.


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Apparent Good Order

When freight appears to be free of damage so far as a general survey can determine.


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Appraisement

Determination of the dutiable value of imported merchandise by a Customs official who follows procedures outlined in their country's tariff, such as the U.S. Tariff Act of 1930.


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Appraiser's Stores

The warehouse or public stores to which samples of imported goods are taken to be inspected, analyzed, weighed, etc. by examiners or appraisers.


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Arbitrary

A stated amount over a fixed rate to one point to make a rate to another point.


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Average

See insurance.


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Arrival Notice

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.


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ASC X12

American Standards Committee X12 responsible for developing EDI standards for the United States.


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Assignment

A term commonly used in connection with a bill of lading. It involves the transfer of rights, title and interest in order to assign goods by endorsing the bill of lading.


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Astern

- Behind a vessel
- Move in a reverse direction.


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A.T.A.

American Trucking Association.


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ATDNSHINC

Any time Day or Night Sundays & Holidays Included.


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Athwartships

A direction across the width of a vessel.


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Avoirdupois Pound

Same as 0.4535924277 kilograms.


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AWWL

Always within Institute Warranties Limits (Insurance purpose).



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