AA
Always Afloat (In some ports the ship aground when approaching, or at
berth.)
AAR
Abbreviation for:
- Against All Risks (insurance clause).
- Association of American Railroads.
Abaft
A point beyond the midpoint of a ships
length, towards the rear or stern.
Abandon
A proceeding wherein a shipper/consignee
seeks authority to abandon all or parts of their cargo.
Abatement
A discount allowed for damage or
overcharge in the payment of a bill.
ABI
U.S. Customs' "Automated Broker
Interface," by which brokers file importers' entries electronically.
Aboard
Referring to cargo being put, or laden,
onto a means of conveyance.
Absorption
One carrier assumes the charges of
another without any increase in charges to the shipper.
Acceptance
- A time draft (or bill of exchange) that
the drawee (payer) has accepted and is unconditionally obligated to pay
at maturity.
- Broadly speaking, any agreement to purchase goods under specified
terms.
Accessorial Charges
Charges that are applied to the base
tariff rate or base contract rate, e.g., bunkers, container, currency,
destination/delivery.
Acquiescence
When a bill of lading is accepted or
signed by a shipper or shipper's agent without protest, the shipper is
said to acquiesce to the terms, giving a silent form of consent.
Acquittance
A written receipt in full, in discharge
from all claims.
ACS (A.C.S.)
U.S. Customs' master computer system, "Automated Commercial Systems."
Act of God
An
act beyond human control, such as lightning, flood or earthquake.
Ad
Valorem
A term from Latin meaning, "according to
value."
Administrative Law Judge
A
representative of a government commission or agency vested with power to
administer oaths, examine witnesses, take testimony, and conduct
hearings of cases submitted to, or initiated by, that agency. Also
called Hearing Examiner.
Admiralty (Adm.)
Refers to marine matters such as an Admiralty Court.
Advance
To
move cargo up line to a vessel leaving sooner than the one booked. (See
"Roll.")
Advanced Charge
Transportation charge advanced by one carrier to another to be collected
by the later carrier from the consignor or consignee.
Adventure
Shipment of goods on shipper's own account. A bill of adventure is a
document signed by the master of the ship that carries goods at owner'
risk.
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.
Advising Bank
A
bank operating in the seller's country, that handles letters of credit
in behalf of a foreign bank.
Affreightment, Contract of
An agreement by an ocean carrier to provide cargo space on a vessel
at a specified time and for a specified price to accommodate an exporter
or importer.
Aft
Movement toward the stern (back end) of a ship.
Agency Tariff
A tariff published by an agent on behalf of several carriers.
Agent (Agt.)
A person authorized to transact business for and in the name of
another person or company. Types of agent are:
(1) brokers,
(2) commission merchants,
(3) resident buyers,
(4) sales agents,
5) manufacturer's representatives.
Aggregate Shipment
Numerous shipments from different shippers to one consignee that are
consolidated and treated as a single consignment.
Agreed valuation
The value of a shipment agreed upon in order to secure a specific
freight rate.
Agreed Weight
The weight prescribed by agreement between carrier and shipper for
goods shipped in certain packages or in a certain number.
A.I.D.
Agency for International Development.
Air Waybill
The forwarding agreement or carrying agreement between shipper and air
carrier and is issued only in nonnegotiable form.
All In
The total price to move cargo from origin to destination, inclusive of
all charges.
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.
Alternative Rates
Privilege to use the rate producing the lowest charge.
Ambient Temperature
The temperature of a surrounding body. The ambient temperature of a
container is the atmospheric temperature to which it is exposed.
American Bureau of Shipping
U.S. classification society which certifies seagoing vessels for
compliance to standardized rules regarding construction and maintenance.
AMS
The U.S. Customs' "Automated Manifest System."
Anti-Dumping Duty
A
tariff imposed to discourage sale of foreign goods, subsidized to sell
at low prices detrimental to local manufacturers.
Any Quantity (A.Q.)
Usually refers to a rating that applies to an article regardless of size
or quantity.
Apparent Good Order
When freight appears to be free of damage so far as a general survey can
determine.
Appraisement
Determination of the dutiable value of imported merchandise by a
Customs official who follows procedures outlined in their country's
tariff, such as the U.S. Tariff Act of 1930.
Appraiser's Stores
The warehouse or public stores to which samples of imported goods
are taken to be inspected, analyzed, weighed, etc. by examiners or
appraisers.
Arbitrary
A stated amount over a fixed rate to one point to make a rate to
another point.
Average
See insurance.
Arrival Notice
A
notification by carrier of ship's arrival to the consignee, the "Notify
Party," and - when applicable - the "Also Notify Party." These parties
in interest are listed in blocks 3, 4 and 10, respectively, of the Bill
of Lading.
ASC X12
American Standards Committee X12 responsible for developing EDI
standards for the United States.
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.
Astern
-
Behind a vessel
- Move in a reverse direction.
A.T.A.
American Trucking Association.
ATDNSHINC
Any time Day or Night Sundays & Holidays Included.
Athwartships
A
direction across the width of a vessel.
Avoirdupois Pound
Same as 0.4535924277 kilograms.
AWWL
Always within Institute Warranties Limits (Insurance purpose).
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