The list issued by the Customs Service of documents and records that importers and others must keep, retain, and, if the Customs Service demands, produce, or be subject to administrative penalties.
Condition in which carrier is responsible for all liability and isn't protected by normal exemptions found in bill of lading or common law liability.
A quantitative restraint placed on imports of a particular commodity, usually from a specific country. Once the limit is reached, no more of the product may be imported until the quota is re-opened.
ACCELERATED TARIFF ELIMINATION
The feature in a free trade agreement that allows for a gradual reduction of import duties to the point where they are eliminated.
1) Acknowledged receipt by consignee of a shipment, terminating the common carrier contract. 2) A promise to pay, usually evidenced by inscribing across the face of the bill "accepted", followed by the date, place payable, and acceptor's signature.
The process by which a country negotiates terms or determines obligations that must be fulfilled in order to become a participant in a trade agreement.
Charges for supplementary services and privileges, provided in connection with line-haul transportation of goods. These charges are not included in the freight charge and usually take the form of a flat fee. Some examples: pickup/delivery, in-transit privileges, demurrage, switching, loading/unloading.
A service rendered in addition to the physical transportation service; such as heating, storage, and packing.
A number assigned to identify a shipper or consignee.
ACT OF GOD
Accidents arising from physical causes (lightning, earthquakes, hurricanes, etc.) and not from human cause or error. Out of the control of all parties.
Floating at random under no power or steerage.
Latin term that means according to the value.
AD VALORUM DUTY RATE
A rate of duty that is applied to imported goods, determined as a percentage of the merchandise value.
Designating cargo to be shipped on an earlier sailing than the one for which it was booked.
1) Charges billed at origin in advance of shipment. Usually, pre-carrier's portion for movement to the port where goods are loaded. 2) Freight charge on a shipment that is advanced by one transportation company to another, or to the shipper. Fees are then collected from the consignee.
ADVICE OF SHIPMENT
Notice to local or foreign buyer that a shipment has occurred. A copy of the invoice may be enclosed, as well as packing and routing details, and a copy of the bill of lading.
The bank (the sellers or exporters bank) which receives a letter of credit from the issuing bank (the buyers bank) and forwards it to the recipient (the exporter/seller).
ADVISORY COMMITTEE ON EXPORT POLICY
An interagency dispute resolutions committee chaired by the Bureau of Export Administration at the Assistant Secretary level.
Commodities underway in water transit; either aboard vessels, at sea, or in port, but not yet unloaded.
Towards the rear or stern of the vessel.
A list of items to be considered.
A person authorized to transact business for another and/or and in the name of another.
AGREEMENT OF SOUTH EAST ASIAN COUNTRIES
A trading bloc of the following nations: Brunei, Laos, Indonesia, Malaysia, Cambodia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
A service providing for the expedited handling of airfreight.
A service providing for the air transport of goods.
AIR FREIGHT FORWARDER
Individuals or organizations that serve as middlemen between shippers and carriers. They process paperwork, consolidate goods, and tender goods to air carriers for shipment.
A class of mail offered by postal service organizations that entails the use of air carriers, whenever such use will expedite delivery.
AIRPORT MAIL FACILITY
A U.S. Postal Service facility located on or adjacent to an airport. AMFs are primarily engaged in the dispatch, receipt, and transfer of mail directly with air carriers.
A non-negotiable instrument of air transport that serves as a receipt for the shipper and obligates the carrier to deliver the consignment to the airport of destination according to specified terms and conditions.
Spanish acronym for Latin American Integration Association. A group of 12 nations (Bolivia, Ecuador, Paraguay, Chile, Colombia, Peru, Uruguay, Venezuela, Cuba, Brazil, Argentina, Mexico) that strives to reduce tariffs and coordinate trade policies among members.
The percentage of alcohol contained alcoholic beverages, spirits or other commodities.
Usually a carload/truckload rate that applies to multiple shipments that move at one time, in one vehicle, from consignor to consignee. An all-commodity rate is established based on actual transportation cost rather than "value of service."
An insurance policy that may expressly exclude certain types of damage; such as marring, scratching or bending.
An amount paid or credited as a refund or reimbursement to a buyer due to any of a number of causes that result in an inability for the seller to meet the buyers specifications.
A phrase that refers to a location nearby a ship. Goods to be delivered alongside are to be placed on the dock or barge within reach of the transport ships tackle so that they can be loaded aboard the ship.
Routing that is less desirable than normal routing, but yields similar results.
AMERICAN BUREAU OF SHIPPING
Official vessel classification society of the United States.
Antiboycott laws require U.S. firms to refuse to participate in foreign boycotts that the United States does not sanction. They prevent U.S. firms from becoming instruments that may be used by foreign governments to pursue policies that may be counter to those of the United States.
Additional duties imposed on imported merchandise when the imported merchandise is being sold in the United States at less than fair value and is causing material harm to a domestic industry.
Acts or practices enacted to deter or prevent terrorism.
An authorized party who determines the value of goods.
ARMS CONTROL AND DISARMAMENT AGENCY
Formulates, advocates, implements and verifies effective arms control, nonproliferation, and disarmament policies, strategies, and agreements. Reviews certain dual use export license applications referred by Department of Commerce.
1) Charge in addition to regular freight charge to compensate for unusual local conditions. 2) Fixed amount accepted by a carrier when dividing joint rates.
A notice to the consignee of the arrival of freight.
To transfer or endorse to another party.
A person to whom a right of property is assigned or transferred.
A person who assigns or transfers a right of property to another.
Value or items that an importer provides to its foreign supplier/manufacturer at a reduced rate or free of charge, directly or indirectly, that is used to produce the imported merchandise. The value of the merchandise must reflect this added value.
To agree to turn over or transfer money or goods to an individual or legal entity other than the party who was to originally intended to receive them.
A person authorized to transact general business or to perform a designated task of a non-legal nature on behalf of another individual or legal entity. In many countries, this authority must be conferred by a written power of attorney.
Official examination of accounts.
A group of 20 industrialized nations that cooperate to curb proliferation of chemical and biological weapons.
AUTHORITY AUTHORIZED CARRIER
Person or organization authorized by the Interstate Commerce Commission to conduct interstate commerce.
AUTOMATED BROKER INTERFACE
A computerized system that links customs brokers and others to the U.S. Customs authority.
Often referred to as the Imperial System of Weights and Measurement (a) French for having weight; (b) A system of weight measurement based on the pound of 16 ounces and the ounce of 16 drams.