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AD. VAL.

Ad valorem (lat.); of (good’s) value

ADR

European Agreement Concerning the International Carriage of Dangerous Goods by road (European agreement on international dangerous goods road shipments)

ADVISE

Notification to consignee on cargo’s arrival or despatch

AIR WAYBILL AWB

Accompanying document for air shipments

AMETER

Accounting mechanism adopted by trading partners

ASSOCIATION  AGREEMENTS

Agreements of non-EC states with the European community Union on the granting of customs preferences

ATA

Customs admission booklet for cargo’s temporary export or import

AVERAGE

Damage sustained by a ship or its cargo as a result of marine accident

AWB

Air Waybill

BAF

Bunker fuel adjustment factor applied in marine traffic

BILL OF LANDING, B/L

Legal document issued by the forwarder stating his obligations related to cargo’s delivery to the B/L’s legitimate holder, serving as security

BOND

Customs bond (safe storage place under customs control that allows duty / VAT to be deferred)

BORDERO

Cargo manifest issued by the consolidator to inform the deconsolidator about details of the individual shipments

BOX

Hard sided, hard rack, solid back doors

BREAK BULK

Cargo shipped neither in containers nor on pallets

BULK CARRIER

Vessel for shipments of bulk goods (e.g. ore, grain etc.)

C.L.E.C.A.T.

Comité de Liaison Européen des Commissionaires et Auxilliaires de Transports du Marché Commun (Alliance of forwarders of EU countries to Brussels)

C/P

Charter Party (contract of carriage in tramp navigation)

CABOTAGE

Operating inland shipments outside one’s country of registration

CAF

Currency adjustment factor applied in ocean shipping

CARNET-A.T.A.

Customs booklet admitting cargo’s temporary import or export issued for international road hauliers

CARNET-T.I.R.

Customs booklet admitting free transit passage issued for international road Hauliers

CARRIER

A person or firm engaged in the carriage of passengers or goods

CBM

Cubic Meter

CEMT

(Conférence Européenne des Ministres des Transports) Permanent conference of Eurpean traffic ministers

CFR

Incoterm - Cost and Freight

CHARGEABLE WEIGHT

Greater of Weight, cbm, ldm applied to consignment for charging

CHARTER CONTRACT

Sea carriage contract.  A vessel is entirely or partly leased for a voyage or for a period

CHOCCING / DUNNAGE

Securing materials usually wood

CIF

Incoterm - Cost and Freight

CIM

(Convention Internationale concernant le Transport de Marchandises par Chemin de Fer) International Convention concerning the carriage of goods by rail

CMR

(Convention relative au contrat de transport international de marchadises par route) Convention on the contract of carriage in international road traffic

COD

Payment term Cash on Delivery

CONGESTION SURCHARGE

Ammount charged additionally due to port’s congestion

CONNEX RIGHT CONSIGNEE

Reciever of goods

CPT

Incoterm - Carriage paid

CROSS-TRADER

Vessels operating international regular navigation services without calling at a port of the country of their registration

D/O DELIVERY ORDER

Stipulations on cargo’s delivery

DAF

Incoterm - Delivered at frontier

DDP

Incoterm – Delivered duty paid

DDU

Incoterm – Delivered duty unpaid

DECLARE

Making a full statement of dutiable cargo

DEQ

Incoterm – Delivered ex quai

DES

Incoterm – Delivered ex ship

DGR

(Air Traffic) Dangerous Goods Regulations

DISTRIBUTION

Delivery

DOCUMENT

Standardized customs document used in all EU countries

DRY DOCK

Vessel out of service for repair

E.T.A.

Estimated Time of Arrival

EAN

European Data Numbering

EDI

Electronic Data Interchange

EDIFACT

Electronic Data Interchange for Administration, Commerce and Transport

EFTA

European Free Trade Association

ENDORSEMENT

Signature on the back of order papers as a mark of transmission

EXW

Incoterm – Ex works

F/L

Full trailer load

FAK RATES

Freight all kinds (flat-rate tariff irrespective of kind of cargo)

FAS

Incoterm – Free alongside ship

FCA

Incoterm – Free carrier

FCL/FCL

Full container load

FEEDER SERVICE

Additional service rendered to deliver / pick up cargo to and from ports / regions not directly called by the shipping lines’ container ships

FIATA

Fédération Internationale des Association de Transporteurs et Assimilés (International Forwarders Associations)

FIFO

First in, first out

FLAT

Container size platform with fixed front walls as cargo support

FLATBED

Trailer, No Sides, Backdoors or rack

FMCG

Fast moving consumer goods

FOB

Incoterm – Free on board

GROUPAGE

Less than 3 tonne, 9cbm

HAULAGE

Pre and Oncarriage

I.C.C.

International Chamber of Commerce

IATA

International Air Transport Association (Umbrella organization of air cargo operators)

IGLOO

Air cargo loading appliances

IMCO

International Maritime Consultative Organization (United Nations Organisation)

IMDG-CODE

International Maritime dangerous Goods Code (International code for dangerous good sea shipments)

IMO

International Maritime Organisation (IMCO Follow-up organisation founded 1982)

INCOTERMS

International commercial terms expressing the sharing of costs and risks between buyer and seller

INTEGRATOR

Forwarder rendering door-to-door shipments including forwarder’s service

INTRASTAT

Statistics on the goods flow among EU countries

JIT

Just in time (delivery) at the precise moment

L/C LETTER OF CREDIT

Warranty of buyer’s bank to effect payment in favour of seller (creditor = beneficiary) provided the latter implements his obligations from the sales contract

LCL

Less than Container Load (Part load of a container stuffed in port)

LDM

Loading Meter

LIFO

Last in - last out

LINER TERMS

Transport terms of a shipping line

LOLO

Lift on, lift off vessels

MANIFEST

Register of all consignments loaded aboard a Ship/Plane/Trailer

MAWB

Master air waybill (Air waybill applied for consolidation cargo)

MULTIMODAL

 

NOTIFY-ADDRESS

Address stated in the order B/L to be contacted by shipping line to advise ship’s arrival

NVOCC

Non Vessel Operating Common Carrier (Freight forwarder operating as shipowner without running own ships)

OBU

On Board Unit

OF LIEN

Right of lien which can be exercised only for cargo directly related to the claim

PART LOAD

More than 3tonne, 9cbm, less than full load

POD

Proof of Delivery

PPE

Personal protective equiptment

PROFILINE

As above but with a superstructure

QM

Quality Management

REFUND / REBATE

Supplementary reduction of freight charges

RIGID

Truck / Trailer

RO / RO

Roll on / Roll Off (Technology used for loading and unloading trucks and other “rolling” cargo onto and from ships

ROAD RAILER

Trailer train.  Semi truck trailer loaded on a siding on bogie wagons and composed into full train

SDR

Special Drawing Rights with the IMF – fictitious money as a calculation basis (e.g. for maximal liability under CMR)

SHIPMENT

Multistage shipment operated by several carriers, Combined international shipment

SINGLE

 

SLOT

Segment of a container ship’s cell into which a container is loaded

STRAPPING

Securing with straps

STRIPPING

Unloading cargo out of container

STUFFING

Loading cargo unto container

SURCHARGE

Amount charged to settle additional costs in shipping

TAUT LINER /  EUROLINER

Curtain sided trailer, solid back doors, solid rack, minimal superstructure

TBL

Through bill of landing

TERMINAL

Berth at which a container ship is loaded or unloaded

TEU

Twenty foot equivalent unit (Measure of container’s loading capacity, converted into 20feet units)

T-FORM

Customs transit document

THC

Transport international des Marchandises par la Route (Preferential forwarding procedure for the truck haulage of bonded goods)

TILT

Curtain sided vehicle, usually with superstructure internally

TQM

Total Quality Management

TRAILER

Non self-propelled vehicle coupled on a motor tractor

TRANSIT

Passage

TRANSSHIPMENT

Reloading

ULD

Unit Load Device (Loading Unit, i.e. one pallet)

VAT

Value Added Tax

VISBY RULES

International agreement on the contract of sea carriage, stipulating, among others, conditions of liability

VNA

Very Narrow aisle

VOSA

Vehicle and operator standards agency – regulatory body in UK for commercial vehicle and operator road safety

WA

Wide aisle racking

WAIVER CLAUSE

Client’s statement to refrain from insurance coverage on cargo damages for national shipments

WAREHOUSE RECEIPT

Receipt issued by warehouse manager on cargo’s acceptance for storage

WET BOND

Safe Store for alcohol where deferment of excise duty can be performed

WTO

World Trade Organisation





© RH Group 2006-2007 / Privacy Statement / Terms and conditions of trade / The RH Group Ltd, Lenton Lane, Nottingham, NG7 2NR, registered number is 01035457.