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EDI
For Administration, Commerce and Transport |
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Abbreviation: UN/EDIFACT |
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The ISO application level syntax rules for the structuring of
user data and of the associated service data in the
interchange of messages in an open environment. |
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Econometric Models |
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A
system of simultaneous equations for forecasting, based on
mutual dependency among the variables used. |
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Economic Speed |
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That speed of a means of transport which produces the best
possible financial result for the owner. Such speed should not
be in excess of the maximum or minimum output allowed for the
engine(s). |
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Economy of Scale |
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A
phenomenon which encourages the production of larger volumes
of a commodity to reduce its unit cost by distributing fixed
costs over a greater quantity. |
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Electronic Business
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The process of transacting business electronically. This
includes the sharing of unstructured of structured business
information by any electronic means among suppliers,
customers, governmental bodies, service providers and other
parties in order to conduct and execute transactions in
business, administrative and other activities. |
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Electronic Data
Interchange |
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Abbreviation: EDI |
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The transfer of structured data, by agreed standards from
applications on the computer of one party to the applications
on the computer of another party by electronic means. |
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Electronic Data
Processing |
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Abbreviation: EDP |
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The computerised handling of information (e.g. business data). |
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Elevator |
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Equipment used to discharge some bulk cargoes such as grain
which is removed from the hold by a continuous line of buckets
or by suction and carried on a conveyor belt to store. |
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Email (Electronic mail) |
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The sending of unstructured messages through the use of
computer systems from one person to others. |
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Embargo |
1. A government order
prohibiting the entry or departure of commercial vessels or
goods at its ports.
2. The refusal by a carrier, for a limited period, to accept
for transport over any route or segment thereof, and to or
from any area or point, of a connecting carrier, any
commodity, type of class of cargo duly tendered (air cargo).
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Emergency Medical Service |
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Abbreviation: EMS |
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Medical procedures in case of emergencies on board of vessels. |
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Encryption |
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A
method of converting information into a form which can be
transmitted over insecure channels such as phone lines so that
confidentiality is preserved. |
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Endorsement |
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The transfer of the right to obtain delivery of the goods of
the carrier by means of the consignee's signature on the
reverse side of a bill of lading. If the name of the new
consignee (transferee) is not stated, the endorsement is an
open one which means that every holder of the document is
entitled to obtain delivery of the goods. |
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Enquiry |
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Document issued by a party interested in the purchase of goods
specified therein and indicating particular, desirable
conditions regarding delivery terms, etc., addressed to a
prospective supplier with a view to obtaining an offer. |
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Ensign |
1. Flag declaring a ship's
country of registry.
2. Commissioned officer, lowest rank. |
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Enterprise |
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An
Organisation created to provide products and/or services to
customers. |
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Entity |
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A
tangible or abstract thing of relevance to business about
which data may be kept. Example: Customer, Order |
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Equipment |
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Material resources necessary to facilitate the transport and
handling of cargo. Transport equipment does under the given
circumstances not have the ability to move by its own
propulsion (e.g. sea container, trailer, unit load device,
pallet). |
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Equipment Damage Report |
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Abbreviation: EDR |
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Written statement concerning damage to equipment, based on a
physical inspection. |
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Equipment Interchange
Receipt |
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Abbreviation: EIR |
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Physical inspection and transfer receipt. |
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Estimated Time of Arrival |
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Abbreviation: ETA |
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The expected date and time of arrival in a certain (air)port. |
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Estimated Time of
Departure |
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Abbreviation: ETD |
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The expected date and time when a certain (air)port is left. |
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European
Article Numbering Association |
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Abbreviation: EAN |
An international body
responsible for administering the European Article Numbering
system.
It has affiliates in many countries such as: CCG in West
Germany, DCC in Japan, ANA in the United Kingdom.
Note: The North American body responsible for the
Uniform Product Code (UPC) coding is the Uniform Code Council.
(UPC is considered a subset of EAN). |
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European Pallet Pool |
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Pool for the exchange of standard size pallets (the so-called
Europallets) in European cargo traffic, formed in 1961 by a
number of European rail administrators. |
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European Zone Charge |
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Abbreviation: EZC |
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A
charge for inland haulage transport in case of carrier haulage
in Europe. |
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Even Keel |
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Said of a vessel which is balanced in such a way that the
draft forward and aft is the same as the draft in the midship
of the vessel on both sides. |
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Event |
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An
occurrence. |
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Evidence |
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Something which supports a claim or hypothesis. |
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Ex Works (...named place) |
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Abbreviation: EXW |
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See
Inco Terms |
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Exceptions Clause |
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See
Exemption Clause |
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Excess |
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Going over the prescribed amount or degree e.g. excess luggage
is luggage of which the weight is over the weight for free
carriage. |
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Excess Stock |
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That portion of stock on hand which is over and above the
desired stock level. |
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Exchange Rate |
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The rate at which one currency can be exchanged for another,
usually expressed as the value of the one in terms of the
other. |
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Execution |
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The actual act of carrying out a task. |
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Exemption Clause |
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A
clause in a contract, which relieves the carrier's
responsibility for certain events. |
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Expected |
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Likely to occur or appear. |
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Expediting |
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The 'rushing' or 'chasing' of production or purchase orders
which are needed in less than the normal lead time. |
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Expendable Pallet |
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See
Disposable Pallet |
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Expenses |
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Costs paid out in connection with booking of cargo and
arranging transport (e.g. commission). |
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Expiration |
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Termination of a certain period. |
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Export |
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The process of carrying or sending goods to another country or
countries, especially for purposes of use or sale in the
country of destination. The sale of products to clients
abroad. |
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Export Licence |
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Document granting permission to export as detailed within a
specified time. |
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Export Packer |
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Company, packing goods for export. |
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Exporter |
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The party responsible for the export of goods. |
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Extract |
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Summary or copy of something written, e.g. used in connection
with the log book. |
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