No	Terms		Defination
	01	Aboard		Referring to cargo being put, or laden, onto a means of conveyance.
	02	Accessorial Charges		Charges that are applied to the base tariff rate or base contract rate, e.g., bunkers, container, currency, destination/delivery.
	03	Act of God		An act beyond human control, such as lightning, flood or earthquake.
	04	Ad Valorem		A term from Latin meaning, "according to value."
	05	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.
	06	Advising Bank		A bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank.
	07	Air Waybill		The forwarding agreement or carrying agreement between shipper and air carrier and is issued only in nonnegotiable form.
	08	All In		The total price to move cargo from origin to destination, inclusive of all charges.
	09	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.
	10	Arrival Notice		A notification by carrier of ship's arrival to the consignee.
	11	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.
	12	BAF		Abbreviation for "Bunker Adjustment Factor." Used to compensate steamship lines for fluctuating fuel costs. Sometimes called "Fuel Adjustment Factor" or FAF.
	13	Bank Guarantee		Guarantee issued by a bank to a carrier to be used in lieu of lost or misplaced original negotiable bill of lading.
	14	Base Rate		A tariff term referring to ocean rate less accessorial charges, or simply the base tariff rate.
	15	Beneficiary		Entity to whom money is payable. The seller and the drawer of a draft. The entity for whom a letter of credit is issued.
	16	Bill of Lading (B/L) 1		A document that establishes the terms of a contract between a shipper and a transportation company. It serves as a document of title, a contract of carriage and a receipt for goods.
	17	Bill of Lading (B/L) 2		Amended B/L: B/L requiring updates that do not change financial status; this is slightly different from corrected B/L.
	18	Bill of Lading (B/L) 3		B/L Terms & Conditions: the fine print on B/L; defines what the carrier can and cannot do, including the carrier's liabilities and contractual agreements.
	19	Bill of Lading (B/L) 4		B/L's Type: refers to the type of B/L being issued. Some examples are: a Memo(ME), Original (OBL), Non-Negotiable, Corrected (CBL) or Amended (AM) B/L.
	20	Bill of Lading (B/L) 5		Canceled B/L: B/L status; used to cancel a processed B/L; usually per shipper'srequest; different from voided B/L.
	21	Bill of Lading (B/L) 6		Clean B/L: A B/L which bears no superimposed clause or notation which declares a defective condition of the goods and/or the packaging.
	22	Bill of Lading (B/L) 7		Combined B/L: B/L that covers cargo moving over various transports.
	23	Bill of Lading (B/L) 8		Consolidated B/L: B/L combined or consolidated from two or more B/L's.
	24	Bill of Lading (B/L) 9		Duplicate B/L: Another original Bill of Lading set if first set is lost. also known as reissued B/L.
	25	Bill of Lading (B/L) 10		Express B/L: Non-negotiable B/L where there are no hard copies of originals printed.
	26	Bill of Lading (B/L) 11		Freight B/L: A contract of carriage between a shipper and forwarder (who is usually a NVOCC); a non-negotiable document.
	27	Bill of Lading (B/L) 12		House B/L: B/L issued by a freight forwarder or consolidator covering a single shipment containing the names, addresses and specific description of the goods shipped.
	28	Bill of Lading (B/L) 13		Intermodal B/L: B/L covering cargo moving via multimodal means. Also known as Combined Transport B/L, or Multimodal B/L.
	29	Bill of Lading (B/L) 14		Negotiable B/L: The B/L is a title document to the goods, issued "to the order of" a party, usually the shipper, whose endorsement is required to effect is negotiation. Thus, a shipper's order (negotiable) B/L can be bought, sold, or traded while goods are in transit and is commonly used for letter-of-credit transactions. The buyer must submit the original B/L to the carrier in order to take possession of the goods.
	30	Bill of Lading (B/L) 15		Non-Negotiable B/L: See Straight B/L. Sometimes means a file copy of a B/L.
	31	Bill of Lading (B/L) 16		Onboard B/L: B/L validated at the time of loading to transport.Onboard Air, Boxcar, Container, Rail, Truck and Vessel are the most common types.
	32	Bill of Lading (B/L) 17		Original B/L: The part of the B/L set that has value, especially when negotiable;rest of set are only informational file copies. Abbreviated as OBL.
	33	Bill of Lading (B/L) 18		Voided B/L: Related to Consolidated B/L; those B/L's absorbed in the combining process. Different from Canceled B/L.
	34	Bill of Lading Port of Discharge		Port where cargo is discharged from means of transport.
	35	Billed Weight		The weight shown in a waybill and freight bill, i.e, the invoiced weight.
	36	Board		To gain access to a vessel.
	37	Bonded Warehouse		A warehouse authorized by Customs authorities for storage of goods on which payment of duties is deferred until the goods are removed.
	38	Booking		Arrangements with a carrier for the acceptance and carriage of freight; i.e., a space reservation.
	39	Booking Number		Reservation number used to secure equipment and act as a control number prior to completion of a B/L.
	40	Break Bulk		To unload and distribute a portion or all of the contents of a rail car, container, or trailer.
	41	Broken Stowage 1		The loss of space caused by irregularity in the shape of packages.
	42	Broken Stowage 2		Any void or empty space in a vessel or container not occupied by cargo.
	43	Bulk Cargo		Not in packages or containers; shipped loose in the hold of a ship without mark and count." Grain, coal and sulfur are usually bulk freight.
	44	Bulk-Freight Container		A container with a discharge hatch in the front wall; allows bulk commodities to be carried.
	45	Bunker Charge		An extra charge sometimes added to steamship freight rates; justified by higher fuel costs. (Also known as Fuel Adjustment Factor or FAF.)
	46	Bunkers		A Maritime term referring to Fuel used aboard the ship. Coal stowage areas aboard a vessel in the past were in bins or bunkers.
	47	CAF		Abbreviation for "Currency Adjustment Factor." A charge, expressed as a percentage of a base rate that is applied to compensate ocean carriers of currency fluctuations.
	48	Cargo Manifest		A manifest that lists all cargo carried on a specific vessel voyage.
	49	Carrier		Any person or entity who, in a contract of carriage, undertakes to perform or to procure the performance of carriage by rail, road, sea, air, inland waterway or by a combination of such modes.
	50	Cartage		Usually refers to intra-city hauling on drays or trucks.
	51	CBM (CM)		Abbreviation for "Cubic Meter."
	52	Certificate of Origin		A certified document showing the origin of goods; used in international commerce.
	53	CFS		Abbreviation for "Container Freight Station." A shipping dock where cargo is loaded ("stuffed") into or unloaded ("stripped") from containers. Generally, this involves less than containerload shipments, although small shipments destined to same consignee are often consolidated. Container reloading from/to rail or motor carrier equipment is a typical activity.
	54	Chassis		A frame with wheels and container locking devices in order to secure the container for movement.
	55	CI		Abbreviation for "Cost and Insurance." A price that includes the cost of the goods, the marine insurance and all transportation charges except the ocean freight to the named point of destination.
	56	CIF		Abbreviation for "Cost, Insurance, Freight." (Named Port) Same as C&F or CFR except seller also provides insurance to named destination.
	57	Clean Bill of Lading		A receipt for goods issued by a carrier with an indication that the goods were received in "apparent good order and condition," without damage or other irregularities. If no notation or exception is made, the B/L is assumed to be "cleaned."
	58	Commercial Invoice		Represents a complete record of the transaction between exporter and importer with regard to the goods sold. Also reports the content of the shipment and serves as the basis for all other documents about the shipment.
	59	Commodity		Article shipped. For dangerous and hazardous cargo,the correct commodity identification is critical.
	60	Common Carrier		A transportation company which provides service to the general public at published rates.
	61	Connecting Carrier		A carrier which has a direct physical connection with, or forms a link between two or more carriers.
	62	Consignee		A person or company to whom commodities are shipped.
	63	Consignment 1		A symbol placed on packages for identification purposes; generally a triangle,square, circle, etc. with letters and/or numbers and port of discharge.
	64	Consignment 2		(1) A stock of merchandise advanced to a dealer and located at his place of business, but with title remaining in the source of supply.
	65	Consignment 3		(2) A shipment of goods to a consignee.
	66	Consignor		A person or company shown on the bill of lading as the shipper.
	67	Consolidation		Cargo containing shipments of two or more shippers or suppliers. Containerload shipments may be consolidated for one or more consignees.
	68	Consolidator		A person or firm performing aconsolidation service for others. The consolidator takes advantage of lower full carload(FCL) rates, and savings are passed on to shippers.
	69	Container		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.
	70	Container Manifest		Document showing contents and loading sequence of a container.
	71	Container Terminal		An area designated for the stowage of cargoes in container; usually accessible by truck, railroad and marine transportation.Here containers are picked up, dropped off, maintained and housed.
	72	Container Yard (CY)		A materials handling/storage facility used for completely unitized loads in containers and/or empty containers. Commonly referred to as CY.
	73	Containerizable Cargo		Cargo that will fit into a container and result in an economical shipment.
	74	Containerization		Stowage of general or special cargoes in a container for transport in the various modes.
	75	Cost, Insurance and Freight (CIF)		Cost of goods, marine insurance and all transportation (freight) charges are paid to the foreign point of delivery by the seller.
	76	Customs		Government agency charged with enforcing the rules passed to protect the country's import and export revenues.
	77	Customs Bonded Warehouse		A warehouse authorized by Customs to receive duty-free merchandise.
	78	Customs Entry		All countries require that the importer make a declaration on incoming foreign goods. The importer then normally pays a duty on the imported merchandise. The importer's statement is compared against the carrier's vessel manifest to ensure that all foreign goods are properly declared.
	79	Cut-Off Time		The latest time cargo may be delivered to a terminal for loading to a scheduled train or ship.
	80	CY 1		Abbreviation for Container Yard.
	81	CY 2		The designation for full container receipt/delivery.
	82	D & H		Abbreviation for "Dangerous and Hazardous" cargo.
	83	DDC		Abbreviation for "Destination Delivery Charge." A charge, based on container size, that is applied in many tariffs to cargo. This charge is considered accessorial and is added to the base ocean freight.This charge covers crane lifts off the vessel, drayage of the container within the terminal and gate fees at the terminal operation.
	84	Deconsolidation Point		Place where loose or other non-containerized cargo is ungrouped for delivery.
	85	Delivery Instructions		Order to pick up goods at a named place and deliver them to a pier. Usually issued by exporter to trucker but may apply to a railroad, which completes delivery by land. Use is limited to a few major U.S. ports. Also known as shipping delivery order.
	86	Demurrage		A penalty charge against shippers or consignees for delaying the carrier's equipment beyond the allowed free time. The ree time and demurrage charges are set forth in the charter party or freight tariff.
	87	Depot, Container		Container freight station or a designated area where empty containers can be picked up or dropped off.
	88	Destination 1		The place to which a shipment is consigned.
	90	Destination 2		The place where carrier actually turns over cargo to consignee or his agent.
	91	Detention		A penalty charge against shippers or consignees for delaying carrier's equipment beyond allowed time. Demurrage applies to cargo; detention applies to equipment. See Per Diem.
	92	Dock 1		For ships, a cargo handling area parallel to the shoreline where a vessel normally ties up.
	93	Dock 2		For land transportation, a loading or unloading platform at an industrial location or carrier terminal.
	94	Dock Receipt		A form used to acknowledge receipt of cargo and often serves as basis for preparation of the ocean bill of lading.
	95	Door-to-Door		Through transportation of a container and its contents from consignor to consignee. Also known as House to House. Not necessarily a through rate.
	96	Dry Cargo		Cargo that is not liquid and normally does not require temperature control.
	97	Dumping		Attempting to import merchandise into a country at a price less than the fair market value, usually through subsidy by exporting country.
	98	Export Declaration		A government document declaring designated goods to be shipped out of the country.
	99	Export Rate		A rate published on traffic moving from an interior point to a port for transshipment to a foreign country.
	100	FAK		Abbreviation for "Freight All Kinds." Usually refers to full container loads of mixed shipments.
	101	FAS		Abbreviation for "Free Alongside Ship."
	102	FCL		Abbreviation for "Full Container Load."
	103	Feeder Service		Cargo to/from regional ports are transferred to/from a central hub port for a long-haul ocean voyage.
	104	Flat Rack/Flat Bed Container		A container with no sides and frame members at the front and rear. Container can be loaded from the sides and top.
	105	Force Majeure		The title of a common clause in contracts, exempting the parties for non-fulfillment of their obligations as a result of conditions beyond their control, such as earthquakes, floods or war.
	106	Free Alongside (FAS)		The seller must deliver the goods to a pier and place them within reach of the ship's loading equipment. See Terms of Sale.
	107	Free on Board 1		Shipped under a rate that includes costs of delivery to and the loading onto a carrier at a specified point.
	108	Free on Board 2		FOB Freight Allowed: The same as FOB named inland carrier, except the buyer paysthe transportation charge and the seller reduces the invoice by a like amount.
	109	Free on Board 3		FOB Freight Prepaid: The same as FOB named inland carrier, except the seller pays the freight charges of the inland carrier.
	110	Free on Board 4		FOB Named Point of Exportation: Seller is responsible for the cost of placing thegoods at a named point of exportation. Some European buyers use this form when they actually mean FOB vessel.
	111	Free on Board 5		FOB Vessel: Seller is responsible for goods and preparation of export documentation until actually placed aboard the vessel.
	112	Free on Board 6		Cost of unloading a vessel is borne by the charterer.
	113	Free Trade Zone		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.
	114	Freight		Refers to either the cargo carried or the charges assessed for carriage of the cargo.
	115	Freight Forwarder		A person whose business is to act as an agent on behalf of the shipper. A freight forwarder frequently makes the booking reservation.
	116	GRI		Abbreviation for "General Rate Increase." Used to describe an across-the-board tariff rate increase implemented by conference members and applied to base rates.
	117	Groupage		A consolidation service, putting small shipments into containers for shipment.
	118	Harmonized System of Codes (HS)		An international goods classification system for describing cargo in international trade under a single commodity-coding scheme.
	119	HAZ MAT		An industry abbreviation for "Hazardous Material."
	120	Humping		The process of connecting a moving rail car with a motionless rail car within a rail classification yard in order to make up a train. The cars move by gravity from an incline or "hump" onto the appropriate track.
	121	Import		To receive goods from a foreign country.
	122	INCOTERMS		The recognized abbreviation for the International Chamber of Commerce Terms of Sale.These terms were last amended, effective July 1, 1990.
	123	Inducement		Placing a port on a vessel's itinerary because the volume of cargo offered at that port justifies the cost of routing the vessel.
	124	Inland Carrier		A transportation line that hauls export or import traffic between ports and inland points.
	125	Insurance with Average-clause		This type of clause covers merchandise if the damage amounts to three percent or more of the insured value of the package or cargo. If the vessel burns, sinks, collides, or sinks, all losses are fully covered. In marine insurance, the word average describes partial damage or partial loss.
	126	Insurance, All-risk		This type of insurance offers the shipper the broadest coverage available, covering against all losses that may occur in transit.
	127	Insurance, General-Average		In water transportation, the deliberate sacrifice of cargo to make the vessel safe for the remaining cargo. Those sharing in the spared cargo proportionately cover the loss.
	128	Insurance, Particular Average		A Marine insurance term to refer to partial loss on an individual shipment from one of the perils insured against, regardless of the balance of the cargo. Particularaverage insurance can usually be obtained, but the loss must be in excess of a certain percentage of the insured value of the shipment, usually three to five percent, before a claim will be allowed by the company.
	129	Intermodal		Used to denote movements of cargo containers interchangeably between transport modes,i.e., motor, water, and air carriers, and where the equipment is compatible within the multiple systems.
	130	Irrevocable Letter of Credit		Letter of credit in which the specified payment is guaranteed by the bank if all terms and conditions are met by the drawee and which cannot be revoked without joint agreement of both the buyer and the seller.
	131	Issuing Bank		Bank that opens a straight or negotiable letter of credit and assumes the obligation to pay the bank or beneficiary if the documents presented are in accordance with the terms of the letter of credit.
	132	Laden		Loaded aboard a vessel.
	133	LCL		Abbreviation for "Less than Container Load." The quantity of freight which is less than that required for the application of a container load rate. Loose Freight.
	134	Letter of Indemnity		In order to obtain the clean bill of lading, the shipper signs a letter of indemnity to the carrier on the basis of which may be obtained the clean bill of lading, although the dock or mate's receipt showed that the shipment was damaged or in bad condition.
	135	Manifest		Document that lists in detail all the bills of lading issued by a carrier or its agent or master for a specific voyage. A detailed summary of the total cargo of a vessel. Used principally for Customs purposes.
	136	Marking		Letters, numbers, and other symbols placed on cargo packages to facilitate identification. Also known as marks.
	137	No-show		Cargo which has been booked but does not arrive in time to be loaded before the vessel sails.
	138	Ocean Bill of Lading (Ocean B/L)		A contract for transportation between a shipper and a carrier. It also evidences receipt of the cargo by the carrier. A bill of lading shows ownership of the cargo and, if made negotiable, can be bought, sold or traded while the goods are in-transit.
	139	On Board		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.
	140	Open Top Container		A container fitted with a solid removable roof, or with a tarpaulin roof so the container can be loaded or unloaded from the top.
	141	Origin		Location where shipment begins its movement.
	142	Original Bill of Lading (OBL)		A document which requires proper signatures for consummating carriage of contract. Must be marked as "original" by the issuing carrier.
	143	Overheight Cargo		Cargo more than eight feet high which thus cannot fit into a standard container.
	144	Packing List		Itemized list of commodities with marks/numbers but no cost values indicated.
	145	Partial Shipments		Under letters of credit, one or more shipments are allowed by the phrase "partial shipments permitted."
	146	Place of Delivery		Place where cargo leaves the care and custody of carrier.
	147	Place of Receipt		Location where cargo enters the care and custody of carrier.
	148	POL 1		Port of Loading.
	149	POL 2		Petroleum, Oil, and Lubricants.
	150	Port of Call		Port where a ship discharges or receives traffic.
	151	Pre-cooling		A process employed in the shipment of citrus fruits and other perishable commodities.The fruit is packed and placed in a cold room from which the heat is gradually extracted.The boxes of fruit are packed in containers that have been thoroughly cooled and transported through to destination without opening the doors.
	152	Reefer		Refrigerated container.
	153	Revenue Ton (RT)		A ton on which the shipment is freighted. If cargo is rated as weight or measure (W/M),whichever produces the highest revenue will be considered the revenue ton. Weights are based on metric tons and measures are based on cubic meters. RT=1 MT or 1 CBM.
	154	Ship Demurrage		A charge for delaying a steamer beyond a stipulated period.
	155	Shipment		The tender of one lot of cargo at one time from one shipper to one consignee on one bill of lading.
	156	Shipper		The person or company who is usually the supplier or owner of commodities shipped. Also called Consignor.
	157	Shipper's Instructions		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.
	158	Shipper's Load & Count (SL & C)		Shipments loaded and sealed by shippers and not checked or verified by the carriers.
	159	Shipping Order		Shipper's instructions to carrier for forwarding goods; usually the triplicate copy of the bill of lading.
	160	Store-Door Pick-up Delivery		A complete package of pick up or delivery services performed by a carrier from origin to final consumption point.
	161	STC		Said to contain.
	162	Straight Bill of Lading		A non-negotiable bill of lading which states a specific identity to whom the goods should be delivered. See Bill of Lading.
	163	Stuffing		Putting cargo into a container.
	164	Subrogate		To put in place of another; i.e.,when an insurance company pays a claim it is placed in the same position as the payee with regard to any rights against others.
	165	Terms of Sale 1		The point at which sellers have fulfilled their obligations so the goods in a legal sense could be said to have been delivered to the buyer. They are shorthand expressions that set out the rights and obligations of each party when it comes to transporting the goods.
	166	Terms of Sale 2		EXW (Ex Works) (...Named Place): A Term of Sale which means that the seller fulfills the obligation to deliver when he or she has made the goods available at his/her premises (i.e., works, factory, warehouse, etc.) to the buyer. In particular, the seller is not responsible for loading the goods in the vehicle provided by the buyer or for clearing the goods for export, unless otherwise agreed. The buyer bears all costs and risks involved in taking the goods from the seller's premises to the desired destination. This term thus represents the minimum obligation for the seller.
	167	Terms of Sale 3		FOB (Free On Board) (...Named Port of Shipment): An International Term of Sale that means the seller fulfills his or her obligation to deliver when the goods have passed over the ship's rail at the named port of shipment. This means that the buyer has to bear all costs and risks to loss of or damage to the goods from that point. The FOB term requires the seller to clear the goods for export.
	168	Terms of Sale 4		CFR (Cost and Freight) (...Named Port of Destination): A Term of Sale where the seller pays the costs and freight necessary to bring the goods to the named port of destination, Terms of Sale but the risk of loss of or damage to the goods, as (continued) well as any additional costs due to events occurring after the time the goods have been delivered on board the vessel, is transferred from the seller to the buyer when the goods pass the ship's rail in the port of shipment. The CFR term requires the seller to clear the goods for export.
	169	Terms of Sale 5		CIF (Cost, Insurance and Freight) (...Named Place of Destination): A Term of Sale where the seller has the same obligations as under the CFR but also has to procure marine insurance against the buyer's risk of loss or damage to the goods during the carriage. The seller contracts for insurance and pays the insurance premium. The CIF term requires the seller to clear the goods for export.
	170	Transshipment Port		Place where cargo is transferred to another carrier.
	171	Turnaround		In water transportation, the time it takes between the arrival of a vessel and its departure.
	172	War Risk		Insurance coverage for loss of goods resulting from any act of war.
	173	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. 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.
	174	Weight Cargo		A cargo on which the transportation charge is assessed on the basis of weight.
	175	W.M. (W/M)		Abbreviation for "Weight or Measurement;" the basis for assessing freight charges.