BB
Ballast Bonus (Special payment above the Chartering price when the
ship has to sail a long way on ballast to reach the loading port.)
BB
Bareboat (Method of chartering of the ship leaving the
charterer with almost all the responsibilities of the owner.)
B/L
Abbreviation for "Bill of Lading."
Backhaul
To haul a
shipment back over part of a route it has traveled.
BAF
Abbreviation
for "Bunker Adjustment Factor." Used to compensate steamship lines
for fluctuating fuel costs. Sometimes called "Fuel Adjustment
Factor" or FAF.
Balloon Freight
Light, bulky
articles.
Bank Guarantee
Guarantee
issued by a bank to a carrier to be used in lieu of lost or
misplaced original negotiable bill of lading.
Barratry
An act
committed by the master or mariners of a vessel, for some unlawful
or fraudulent purpose, contrary to their duty to the owners,
whereby the latter sustain injury. It may include negligence, if so
gross as to evidence fraud.
Barrel (BBL)
A term of
measure referring to 42 gallons of liquid at 60o F.
Base Rate
A tariff term
referring to ocean rate less accessorial charges, or simply the
base tariff rate.
BCO
Abbreviation
for "Beneficial Cargo Owner." Refers to the importer of record, who
physically takes possession of cargo at destination and does not
act as a third party in the movement of such goods.
Beam
The width of a
ship.
Belt Line
A switching
railroad operating within a commercial area.
Beneficiary
- Entity to
whom money is payable.
- The entity for whom a letter of credit is issued.
- The seller and the drawer of a draft.
Berth Terms
Shipped under
rate that includes cost from end of ship's tackle at load port to
end of ship's tackle at discharge port.
Beyond
Used with
reference to charges assessed for cargo movement past a line-haul
terminating point.
Bilateral
A contract term meaning both parties agree to
provide something for the other.
Bill of Exchange
In the United States, commonly known as a "Draft."
However, bill of exchange is the correct term.
Bill of Lading (B/L)
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.
- Amended B/L: B/L requiring updates that do not change
financial status; this is slightly different from corrected B/L.
- 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.
- B/L's Status: represents whether the bill of lading has
been input, rated, reconciled, printed, or released to the
customer.
- B/L's Type: refers to the type of B/L being issued. Some
examples are: a Memo (ME), Original (OBL), Nonnegotiable,
Corrected (CBL) or Amended (AM) B/L.
- Canceled B/L: B/L status; used to cancel a processed B/L;
usually per shipper's request; different from voided B/L.
- 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.
- Combined B/L: B/L that covers cargo moving over various
transports.
- Consolidated B/L: B/L combined or consolidated from two or
more B/L's.
- Corrected B/L: B/L requiring any update which results in
money or other financially related changes.
- Domestic B/L: Non-negotiable B/L primarily containing
routing details; usually used by truckers and freight forwarders.
- Duplicate B/L: Another original Bill of Lading set if
first set is lost. also known as reissued B/L.
- Express B/L: Non-negotiable B/L where there are no hard
copies of originals printed.
- Freight B/L: A contract of carriage between a shipper and
forwarder (who is usually a NVOCC); a non-negotiable document.
- Government B/L (GBL): A bill of lading issued by the U.S.
government.
- Hitchment B/L: B/L covering parts of a shipment which are
loaded at more than one location. Hitchment B/L usually consists of
two parts, hitchment and hitchment memo. The hitchment portion
usually covers the majority of a divided shipment and carries the
entire revenue.
- 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.
- Intermodal B/L: B/L covering cargo moving via multimodal
means. Also known as Combined Transport B/L, or Multimodal B/L.
- Long Form B/L: B/L form with all Terms & Conditions
written on it. Most B/L's are short form which incorporate the long
form clauses by reference.
- Memo B/L: Unfreighted B/L with no charges listed.
- Military B/L: B/L issued by the U.S. military; also known
as GBL, or Form DD1252.
- B/L Numbers: U.S. Customs' standardized B/L numbering
format to facilitate electronic communications and to make each B/L
number unique.
- 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.
- Non-Negotiable B/L:
See Straight B/L. Sometimes means a file copy of a B/L.
- "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.
- Optional Discharge B/L: B/L covering cargo with more than
one discharge point option possibility.
- "Order" B/L: See Negotiable B/L.
- 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.
- Received for Shipment B/L: Validated at time cargo is
received by ocean carrier to commence movement but before being
validated as "Onboard".
- Reconciled B/L: B/L set which has completed a prescribed
number of edits between the shippers instructions and the actual
shipment received. This produces a very accurate B/L.
- Short Term B/L: Opposite of Long Form B/L, a B/L without
the Terms & Conditions written on it. Also known as a Short Form
B/L. The terms are incorporated by reference to the long form B/L.
- Split B/L: One of two or more B/L's which have been split
from a single B/L.
- Stale B/L: A late B/L; in banking, a B/L which has passed
the time deadline of the L/C and is void.
- Straight (Consignment) B/L: Indicates the shipper will
deliver the goods to the consignee. It does not convey title
(non-negotiable). Most often used when the goods have been
pre-paid.
- "To Order" B/L: See Negotiable B/L.
- Unique B/L Identifier: U.S. Customs' standardization:
four-alpha code unique to each carrier placed in front of nine
digit B/L number; APL's unique B/L Identifier is "APLU". Sea-land
uses "SEAU". These prefixes are also used as the container
identification.
- Voided B/L: Related to Consolidated B/L; those B/L's
absorbed in the combining process. Different from Canceled B/L.
Bill of Lading Port of Discharge
Port where cargo is discharged from means of
transport.
Bill of Sale
Confirms the transfer of ownership of certain goods
to another person in return for money paid or loaned.
Bill to Party
Customer designated as party paying for services.
Billed Weight
The weight shown in a waybill and freight bill, i.e,
the invoiced weight.
Blanket Bond
A bond covering a group of persons, articles or
properties.
Blanket Rate
- A rate applicable to or from a group of points.
- A special rate applicable to several different articles in a
single shipment.
Blanket Waybill
A waybill covering two or more consignments of
freight.
Blind Shipment
A B/L wherein the paying customer has contracted
with the carrier that shipper or consignee information is not
given.
Block Stowage
Stowing cargo destined for a specific location close
together to avoid unnecessary cargo movement.
Blocked Trains
Railcars grouped in a train by destination so that
segments (blocks) can be uncoupled and routed to different
destinations as the train moves through various junctions.
Eliminates the need to break up a train and sort individual
railcars at each junction.
Blocking or Bracing
Wood or metal supports (Dunnage) to keep shipments
in place to prevent cargo shifting.
Bls.
Abbreviation for "Bales."
Board
To gain access to a vessel.
Board Feet
The basic unit of measurement for lumber. One board
foot is equal to a oneinch board, 12 inches wide and one foot
long. Thus, a board ten feet long, 12 inches wide, and one inch
thick contains ten board feet.
Bobtail
Movement of a tractor, without trailer, over the
highway.
Bogie
A set of wheels built specifically as rear wheels
under the container.
Bolster
A device fitted on a chassis or railcar to hold and
secure the container.
Bond Port
Port of initial Customs entry of a vessel to any
country. Also known as First Port of Call.
Bonded Freight
Freight moving under a bond to U.S. Customs or to
the Internal Revenue Service, and to be delivered only under stated
conditions.
Bonded Warehouse
A warehouse authorized by Customs authorities for
storage of goods on which payment of duties is deferred until the
goods are removed.
Booking
Arrangements with a carrier for the acceptance and
carriage of freight; i.e., a space reservation.
Booking Number
Reservation number used to secure equipment and act
as a control number prior to completion of a B/L.
Bottom Side Rails
Structural members on the longitudinal sides of the
base of the container.
Bottom-Air Delivery
A type of air circulation in a temperature control
container. Air is pulled by a fan from the top of the container,
passed through the evaporator coil for cooling, and then forced
through the space under the load and up through the cargo. This
type of airflow provides even temperatures.
Bow
The front of a vessel.
Boxcar
A closed rail freight car.
Break Bulk
- To unload and distribute a portion or all of the
contents of a rail car, container, or trailer.
- Loose, non-containerized cargo.
Broken Stowage
- The loss of space caused by irregularity in the
shape of packages.
- Any void or empty space in a vessel or container not occupied by
cargo.
Broker
A person who arranges for transportation of loads
for a percentage of the revenue from the load.
Brokerage
Freight forwarder/broker compensation as specified
by ocean tariff or contract.
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.
Bulk-Freight Container
A container with a discharge hatch in the front
wall; allows bulk commodities to be carried.
Bulkhead
- A partition separating one part of a ship, freight
car, aircraft or truck from another part.
Bull Rings
Cargo-securing devices mounted in the floor of
containers; allow lashing and securing of cargo.
Bunker Charge
An extra charge sometimes added to steamship freight
rates; justified by higher fuel costs. (Also known as Fuel
Adjustment Factor or FAF.)
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.
Bridge Point
An inland location where cargo is received by the
ocean carrier and then moved to a coastal port for loading.
Bridge Port
A port where cargo is received by the ocean carrier
and stuffed into containers but then moved to another coastal port
to be waded on a vessel.
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