Interline carrier that picks up cargo from the shipper and delivers it to another carrier for shipment to the consignee.
Exposure of property to risk. General Average Act (York-Antwerp Rules)
Written shipment information, for example, about the status of the goods.
Notice given by the collecting bank to the remitting bank as to payment, acceptance, non-payment, or non-acceptance of a draft presented at the remitting bank's request.
Bank that handles Letters of Credit (L/C) for a foreign bank by notifying the seller that the buyer has opened a L/C in their favor. The advising bank fully informs the seller of the conditions of the Letter of Credit. Confirmed Letter of Credit
Term indicating that agent or representative is not empowered to make definitive decisions or adjustments without approval of the group or individual represented. Without Reserve
Special accessories in a container consisting of, among other things, the attachment rails on the inside walls to provide facilities for lashing and securing of the cargo.
Contract which sets forth the obligations of both shipper and carrier concerning transportation of the merchandise. The most common forms of affreightment are Bills of Lading and Waybills.
At, near or towards the stern or rear of a vessel or an aircraft.
Fee payable by shipowner or ship operator to port agent.