D&H
Abbreviation for "Dangerous and
Hazardous" cargo.
D.B.A.
Abbreviation for "Doing Business
As." A legal term for conducting business under a registered name.
DDC
Abbreviation for "Destination
Delivery Charge." A charge, based on container size, that is
applied in many tariffs to cargo. This charge is considered
accessorial and is added to the base ocean freight. This charge
covers crane lifts off the vessel, drayage of the container within
the terminal and gate fees at the terminal operation.
Deadhead
One leg of a move without a paying
cargo load. Usually refers to repositioning an empty piece of
equipment.
Deadweight Cargo
A long ton of cargo that can be
stowed in less than 40 cubic feet.
Deadweight
The number of tons of 2,240 pounds
that a vessel can transport of cargo, stores and bunker fuel. It is
the difference between the number of tons of water a vessel
displaces "light" and the number of tons it displaces when
submerged to the "load line."
Deconsolidation Point
Place where loose or other
non-containerized cargo is ungrouped for delivery.
Deficit Weight
The weight by which a shipment is
less than the minimum weight.
Delivery Instructions
Order to pick up goods at a named
place and deliver them to a pier. Usually issued by exporter to
trucker but may apply to a railroad, which completes delivery by
land. Use is limited to a few major
U.S. ports. Also known as shipping delivery order.
DEMDES
Demurrage/Despatch money. (Under vessel chartering terms, the
amount to be paid if the ship is loading/discharging slower/faster
than foreseen.)
Demurrage
A penalty charge against shippers or
consignees for delaying the carrier's equipment beyond the allowed
free time. The free time and demurrage charges are set forth in the
charter party or freight tariff.
- See also Detention and Per Diem.
Density
The weight of cargo per cubic foot
or other unit.
Depot, Container
Container freight station or a
designated area where empty containers can be picked up or dropped
off.
Despatch
An incentive payment paid to a carrier to loading and unloading the
cargo faster than agreed. Usually negotiated only in charter
parties.
Destination
- The place to which a shipment is
consigned.
- The place where carrier actually turns over cargo to consignee or
his agent.
Destination Control Statements
Various statements that the U.S.
government requires to be displayed on export shipments. The
statements specify the authorized destinations.
Detention
A penalty charge against shippers or
consignees for delaying carrier's equipment beyond allowed time.
Demurrage applies to cargo; detention applies to equipment. See Per
Diem.
Devanning
The unloading of a container or
cargo van.
DF Car
DamageFree Car. Boxcars equipped
with special bracing material.
Differential
An amount added or deducted from
base rate to make a rate to or from some other point or via another
route.
Discrepancy Letter of Credit
When documents presented do not
conform to the requirements of the letter of credit (L/C), it is
referred to as a "discrepancy." Banks will not process L/C's which
have discrepancies. They will refer the situation back to the buyer
and/or seller and await further instructions.
Displacement
The weight, in tons of 2,240 pounds,
of the vessel and its contents. Calculated by dividing the volume
of water displaced in cubic feet by 35, the average density of sea
water.
Diversion
A change made either in the route of
a shipment in transit (see Reconsignment) or of the entire ship.
Division
Carriers' practice of dividing
revenue received from through rates where joint hauls are involved.
This is usually according to agreed formulae.
Dock
- For ships, a cargo handling area
parallel to the shoreline where a vessel normally ties up.
- For land transportation, a loading or unloading platform at an
industrial location or carrier terminal.
Dock Receipt
A form used to acknowledge receipt
of cargo and often serves as basis for preparation of the ocean
bill of lading.
Docket
Present a rate proposal to a
conference meeting for adoption as a conference group rate.
Documents Against Acceptance (D/A)
Instructions given by a shipper to a
bank indicating that documents transferring title to goods should
be delivered to the buyer only upon the buyer's acceptance of the
attached draft.
Documents Against Payment (D/P)
An indication on a draft that the
documents attached are to be released to the drawee only on
payment.
Dolly
A set of wheels that support the
front of a container; used when the automotive unit is
disconnected.
Door-to-Door
Through
transportation of a container and its contents from consignor to
consignee. Also known as House to House. Not necessarily a through
rate.
D.O.T.
Department of Transportation.
Draft
- The number of feet that the hull
of a ship is beneath the surface of the water.
- An unconditional order in writing, addressed by one party
(drawer) to another party (drawee), requiring the drawee to pay at
a fixed or determinable future date a specified sum in lawful
currency to the order of a specified person.
Draft, Bank
An order issued by a seller against
a purchaser; directs payment, usually through an intermediary bank.
Typical bank drafts are negotiable instruments and are similar in
many ways to checks on checking accounts in a bank.
Draft, Clean
A draft to which no documents are
attached.
Draft, Date
A draft that matures on a fixed
date, regardless of the time of acceptance.
Draft, Discounted
A time draft under a letter of
credit that has been accepted and purchased by a bank at a
discount.
Draft, Sight
A draft payable on demand upon
presentation.
Draft, Time
A draft that matures at a fixed or
determinable time after presentation or acceptance.
Drawback
A partial refund of an import fee.
Refund usually results because goods are re-exported from the
country that collected the fee.
Drawee
The individual or firm that issues a
draft and thus stands to receive payment.
Drayage
Charge made for local hauling by
dray or truck. Same as Cartage.
DRFS
Abbreviation for "Destination Rail
Freight Station." Same as CFS at destination, except a DRFS is
operated by the rail carrier participating in the shipment.
DSU
Delay in Startup Insurance is a policy to protect the seller of a
construction project from penalties if the project is not completed
on time. See "Liquidated Damages."
Dry Cargo
Cargo that is not liquid and
normally does not require temperature control.
Dry-Bulk Container
A container constructed to carry
grain, powder and other free-flowing solids in bulk. Used in
conjunction with a tilt chassis or platform.
Dumping
Attempting to
import merchandise into a country at a price less than the fair
market value, usually through subsidy by exporting country.
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