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Freight Forwarder

 

 

Shipping Glossary

T-floor

Interior floor in a reefer, so named because of the longitudinal T-shaped rails which support the cargo and form a plenum for air flow beneath the cargo.

Tail

The rear of a container.

Tank Container

A specially constructed container for transporting liquids and gases in bulk.

Tare Weight

The weight of packing material or, in carload shipments, the weight of the empty freight car.

Tare Weight

The weight of packing material or, in carload shipments, the weight of the empty freight car.

Tariff (Trf.)

A publication setting forth the charges, rates and rules of transportation companies.

TDR

Terminal departure report

Terminal

An assigned area in which containers are prepared for loading into a vessel or are stacked immediately after discharge from the vessel.

TEU

Twenty-foot Equivalent Unit (20") . 

THC

Terminal Handling Charge. A charge assessed by the terminal for handling FCLs at ocean terminals.

Through Rate

The total rate from the point of origin to final destination.

Through Service (Thru Service)

A combination of transportation by sea and land (Thru Service) services to/from the West Coast. From West Coast locations, freight is transported by rail and/or truck to central or eastern North America nonwater port cities. Also known as Microbridge Service and I.P.I.

Time Charter

A charter party hiring a vessel for a specified period of time or a particular voyage, in which the shipowner provides the vessel and crew while the charterer supplies the cargo. Also known as non-demise charter.

Tonnage

Generally refers to freight handled.

Towage

The charge made for towing a vessel.

Tramp

A freighter vessel that does not run in any regular line but takes cargo wherever the shippers desire.

Tranship

To transfer goods from one transportation line to another, or from one ship to another.

Transit Cargo

Goods onboard which upon their arrival at a certain port are not to be discharged at that port.

Transit Port

A port where goods received are merely en route and from which they have to be transferred and dispatched to their ultimate destination by coasters, barge and so on. Also called transshipment port.

TRC

Terminal receiving Charge. Charge assessed by the terminal for cargo being delivered for export.

Truck Onboard B/L

This is a unique practice in NAT having the similar function as onboard vessel B/L. In the event of a multimodal B/L is prepared, shipper can request a clause on the B/L to satisfy their commercial transaction as LADEN ONBOARD TRUCK MMDDYY. The date on the B/L is on which containers are picked up by OOCL house trucker from shipper's facility. However, the word TRUCK is not necessary.

UCP

Uniform Customs and Practice of Documentary Credit. The "bankers Bible" on Documentary Credit Interpretation issued by the I.C.C.

UNCTAD MMO

UNCTAD Multi Modal Transport Convention.

Underwriter

In marine insurance, one who subscribes his name to the policy indicating his acceptance of the liability mentioned therein, in consideration for which he receives a premium.

Unit Load

Packages loaded on a pallet in a crate or any other way that enables them to be handled at one time as a unit.

Unit Train

A train of a specified number of railcars, perhaps 100, wherein they remain in a unit for a designated destination or until a change in routing is made.

Vanning

A term sometimes used for stowing cargo in a container.

Ventilated Container

 A container designed with openings in the side and/or end walls to permit the ingress of outside air when the doors are closed.

Vessel's Manifest

Statement of a vessel's cargo (revenue, consignee, marks, etc.).

Vol.

Volume.

Voyage Direction

The sector of a round trip voyage normally denoted by the direction of the sailing.

Voyage Number

The numeric identification of a round trip sailing of a vessel on a fixed trade lane.

War Risk

Insurance coverage for loss of goods resulting from any act of war.

Warehouse

A place for the reception and storage of goods.

Waybill (WB)

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. A waybill 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.

Weight Cargo

A cargo on which the transportation charge is assessed on the basis of weight.

Wharfage (Whfge.)

A charge assessed by a pier or dock owner against freight handled over the pier or dock or against a steamship company using the pier or dock.

Frequently Asked questions on Export & Import 

 FAQs  |A-C | D- F | G - LM- P | Q -S |T-Z |

For a comprehensive export guide, you can purchase The Export Handbook. The handbook takes you through the practical aspects of exporting essential for both experienced and novice exporters. It covers Export Procedures and Documentation, Customs Export Regulations, Internet Commerce, Banking and Finance, Export Risk and Credit Insurance, Marine Insurance, Shipping and Air Cargo, Freight Forwarding, Export Packaging and Resources for International Trade.

 

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