national carrier:
A for-hire certificated air carrier that has annual operating revenues of
$75 million to $1 billion; the carrier usually operates between major population
centers and areas of lesser population.
National
Industrial Traffic League:
An association representing shippers' and
receivers' interests in matters of transportation policy and
regulation.
nationalization:
Public
ownership, financing, and operation of a business entity.
National
Motor Bus Operators Organization:
An industry association representing common and
charter bus firms; now known as the American Bus Association.
National
Railroad Corporation:
Also known as Amtrak, the corporation established by the
Rail Passenger Service Act of 1970 to operate most of the United States' rail
passenger service.
Negotiable
BOL:
Provides for the delivery of goods to a named enterprise or to their
order (anyone they may designate), but only upon surrender of proper endorsement
and the bill of lading to the carrier or the carrier's agents. Also known as an
order bill of lading.
Negotiations:
A set of
discussions between two or more enterprises to determine the business
relationship.
Net Weight:
The weight of
the merchandise, unpacked, exclusive of any containers.
no location
(No Loc):
A received item for which the warehouse has no previously established
storage slot.
node:
A fixed point in a firm's logistics system where goods come
to rest; includes plants, warehouses, supply sources, and markets.
Non Vessel
Operating Common Carrier (NVOCC):
A firm that offers the same
services as an ocean carrier, but which does not own or operate a vessel. NVOCCs
usually act as consolidators, accepting small shipments (LCL) and consolidating
them into full container loads. They then act as a shipper, tendering the
containers to ocean common carriers. They are required to file tariffs with the
Federal Maritime Commission and are subject to the same laws and statutes that
apply to primary common carriers.
Non-Negotiable BOL:
Provides for the delivery of goods to a named
enterprise and to no one else. Also known as a straight bill of
lading.
non-vessel-owning common carrier
(NVOCC):
A firm that consolidates and disperses international
containers that originate at or are bound for inland ports.
noncertificated carrier:
A for-hire air carrier that is exempt from
economic regulation.
NOS/NES:
See Not otherwise
specified/Not elsewhere specified.
Notify
Party:
The abbreviation of the name of an organization
that should be notified when a shipment reaches its destination.
Not otherwise
specified/Not elsewhere specified
(NOS/NES):
This term often appears in ocean or airfreight
tariffs respectively. If no rate for the specific commodity shipped appears in
the tariff, then a general class rate (for example: printed matter NES) will
apply. Such rates usually are higher than rates for specific commodities.
NVOCC:
See
Non-Vessel
Operating Common Carrier.
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