Air
WayBill
An AWB is a bill of lading which covers
both domestic and international flights transporting goods to a specified
destination. Technically, it is a non-negotiable instrument of air transport
which serves as a receipt for the shipper, indicating that the carrier
has accepted the goods listed therein and obligates itself to carry the
consignment to the airport of destination according to specified conditions.
Normally AWB refers to the Air Waybill issued by carrying airlines and
also called Master Air Waybill (MAWB) which comes with three digits of
numeric airline identification codes issued by IATA to non-U.S. based airlines
and Air Transport Association of America to U.S. based airlines. However,
air freight forwarders also issue HAWB (House Air Waybill)
to their customers for each of the shipments.
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Aircraft
Container
A unit load device (ULD)
which links directly with the airplane cargo handling and restraint system.
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Allotment
A term used to describe blocked space
by airlines on behalf of forwarders/shippers.
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ATA
Actual Time of Arrival, or
Airport-To-Airport, or
Air Transport Association of America.
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ATD
Actual Time of Departute.
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Automated
Broker Interface (ABI)
ABI, a part of Customs' Automated
Commercial System, permits transmission of data pertaining to merchandise
being imported into the United States. Qualified participants include brokers,
importers, carriers, port authorities, and independent data processing
companies referred to as service centers.
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Automated
Clearinghouse
The Automated Clearinghouse (ACH)
is a feature of the Automated Broker Interface which is a part of Customs'
Automated Commercial System. The ACH combines elements of bank lock box
arrangements with electronic funds transfer services to replace cash or
check for payment of estimated duties, taxes, and fees on imported merchandise.
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Automated
Export Reporting Program
The AERP provides for electronic submission
of most information required on the Shipper's Export Declaration. The program
was initiated in 1969 with the intent of enabling large volume exporters
to submit electronically and facilitate Census Bureau data entry and analysis.
AERP was expanded in 1982 to allow freight forwarders, and again in 1985
to allow ocean carriers, to file electronically. At the beginning of fiscal
year 1994, about 220 firms -- accounting for 350,000 to 400,000 records
a month -- were participating in AERP. The program is administered by the
Automated Data Reporting Branch, Foreign Trade Division, Bureau of the
Census.
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Blue
Lantern
Blue Lantern, a procedure pertaining
to U.S. Munitions List items, is intended to verify that information stated
on export license applications is valid and that the use of the commodity
or service exported is consistent with the terms of the license. It includes
prelicense and postshipment checks of export applications conducted by
designated officials at U.S. embassies. Blue Lantern was initiated in September
1990 by the State Department's Office of Defense Trade Controls
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Bond
System
The Bond System, a part of Customs'
Automated Commercial System, provides information on bond coverage. A Customs
bond is a contract between a principal, usually an importers, and a surety
which is obtained to insure performance of an obligation imposed by law
or regulation. The bond covers potential loss of duties, taxes, and penalties
for specific types of transactions. Customs is the contract beneficiary.
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Bonded
Warehouse
The U.S. Customs Service authorizes
bonded warehouses for storage or manufacture of goods on which payment
of duties is deferred until the goods enter the Customs Territory. The
goods are not subject to duties if reshipped to foreign points.
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Break
Bulk (B/B)
For consolidated air freight, it is
moved under one MAWB and each consignment designated
to specific consignee or receipant is under one HAWB.
When freight forwarder receives the consolidated cargo from carrier, they
will break the consolidation apart per HAWB then proceed customs clearance
along with associated shipping and import documents. Such Break-Bulk is
normally handled by airlines or their contracted ground handling agent.
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Caged
Before import customs formality has
been completed cleared and released, cargo is remained at bonded warehouse
under customs custody.
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Cargo
Selectivity System
The Cargo Selectivity System, a part
of Customs' Automated Commercial System, specifies the type of examination
(intensive or general) to be conducted for imported merchandise. The type
of examination is based on database selectivity criteria such as assessments
of risk by filer, consignee, tariff number, country of origin, and manufacturer/shipper.
A first time consignee is always selected for an intensive examination.
An alert is also generated in cargo selectivity the first time a consignee
files an entry in a port with a particular tariff number, country of origin,
or manufacturer/shipper.
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Carnet
A customs document permitting the
holder to carry or send merchandise temporarily into certain foreign countries
for display, domonstration or other purposes without paying import duties
or posting bonds.
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Combi
Aircraft
An aircraft configured to carry both
passengers and cargo on the Main Deck.
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Consignee
The person or firm named in a freight
contract to whom goods have been consigned or turned over. For export control
purposes, the documentation differentiates between an "intermediate" consignee
and an "ultimate" consignee.
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Consignment
Delivery of merchandise from an exporter
(the consignor) to an agent (the consignee) under agreement that the agent
sell the merchandise for the account of the exporter. The consignor retains
title to the goods until sold. The consignee sells the goods for commission
and remits the net proceeds to the consignor.
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Consolidation
In order to handle small lot of consignment
efficiently and competitively, freight forwarder usually put many consignments
into one lot then tender to carrier for forwarding. In this case, each
consignment will be shipped with one HAWB respectively
and all of them will be under one master AWB.
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Customs
The government authorities designated
to collect duties levied by a country on imports and exports.
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Customs
Broker
An individual or company licensed
by the government to enter and clear goods through Customs. The U.S. Customs
Service defines a Customs Broker, as any person who is licensed in accordance
with Part III of Title 19 of the Code of Federal Regulations (Customs regulations)
to transact Customs business on behalf of others. Customs business is limited
to those activities involving transactions with Customs concerning the
entry and admissibility of merchandise; its classification and valuation;
the payment of duties, taxes, or other charges assessed or collected by
Customs upon merchandise by reason of its importation, or the refund, rebate,
or drawback thereof.
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Customs
Clearance
The procedures involved in getting
cargo released by Customs through designated formalities such as presenting
import license/permit, payment of import duties and other required documentations
by the nature of the cargo such as FCC or FDA approval.
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Customs
Free Zone
See: Free Trade Zone.
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Customs
Import Value
This is the U.S. Customs Service appraisal
value of merchandise. Methodologically, the Customs value is similar to
f.a.s. (free alongside ship) value since it is based on the value of the
product in the foreign country of origin, and excludes charges incurred
in bringing the merchandise to the United States (import duties, ocean
freight, insurance, and so forth); but it differs in that the U.S. Customs
Service, not the importer or exporter, has the final authority to determine
the value of the good.
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Customs
Invoice
A document, required by some foreign
countries' customs officials to verify the value, quantity, and nature
of the shipment, describing the shipment of goods and showing information
such as the consignor, consignee, and value of the shipment.
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Dangerous
Goods
Commodities classified by IATA
according to its nature and characteristic in terms of the effect of its
danger to carrier's flying safety.
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DDP
Deliver Duty Paid.
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DDU
Deliver Duty Unpaid.
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Delivery
Verification Certificate
The U.S. Customs Service defines a
DVC as a form used to track imported merchandise from the custody of the
importer to the custody of a manufacturer and is used to substantiate a
manufacturing drawback claim. The DVC is also known as a Certificate of
Delivery (Customs Form 331).
An export license may be issued with
a requirement for delivery verification by Customs in the receiving country.
When delivery verification is required by a foreign government for goods
imported into the U.S., the U.S. Customs Service will certify a delivery
verification certificate (Form ITA-647). A U.S. export license may require
submission of a similar form from an importing country.
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Deposit
of Estimated Duties
This refers to antidumping duties
which must be deposited upon entry of merchandise which is the subject
of an antidumping duty order for each manufacturer, producer or exporter
equal to the amount by which the foreign market value exceeds the United
States price of the merchandise.
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Dimentional
Weight
Also called measurement weight. This
is the size of consignment calculated by total square feet by 6000. Carrier
charge for freight based on the dimensional weight or actual gross weight
whichever is higher.
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Direct
Ship
Ship without consolidation and under
one MAWB ie non-consolidation.
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Domestic
Exports
Exports of domestic merchandise include
commodities which are grown, produced, or manufactured in one country,
and commodities of foreign origin which have been substantially changed
in this country, including Foreign Trade Zones, from
the form in which they were imported, or which have been enhanced in value
by further manufacture in this country.
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Drawback
Drawback is a rebate by a government,
in whole or in part, of customs duties assessed on imported merchandise
that is subsequently exported. Drawback regulations and procedures vary
among countries.
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Drawback
System
The Drawback System, a part of Customs'
Automated Commercial System, provides the means for processing and tracking
of drawback claims.
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Duty
A tax imposed on imports by the customs
authority of a country. Duties are generally based on the value of the
goods (ad valorem duties), some other factors such as weight or quantity
(specific duties), or a combination of value and other factors (compound
duties).
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EDIFACT
EDIFACT, Electronic Data Interchange
for Administration, Commerce, and Transportation, is an international syntax
used in the interchange of electronic data. Customs uses EDIFACT to interchange
data with the importing trade community.
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EIN
Employer Identity Number.
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Entrepot
An intermediary storage facility where
goods are kept temporarily for distribution within a country or for reexport.
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Entry
Summary System
An entry is the minimum amount of
documentation needed to secure the release of imported merchandise. The
Entry Summary System, a part of Customs' Automated Commercial System, contains
data on release, summary, rejection, collection, liquidation, and extension
or suspension.
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Entry
Summary Selectivity System
The Entry Summary Selectivity System,
a part of Customs' Automated Commercial System, provides an automated review
of entry data to determine whether team or routine review is required.
Selectivity criteria include an assessment of risk by importer, tariff
number, country of origin, manufacturer, and value. Summaries with Census
warnings, as well as quota, antidumping and countervailing duty entry summaries
are selected for team review. A random sample of routine review summaries
is also automatically selected for team review.
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Entry
Value
The U.S. Customs Service defines entry
value (or entered value) as the value reflected on the enry documentation
submitted by the importer. (see 19 CFR 141.61 for how shown on entry.)
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ETA
Estimated Time of Arrival. Then, It
normally takes 4 hours for carriers to Break Bulk
then ready to be picked up by forwarders along with customs release notification.
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ETD
Estimated Time of Departure. The cut-off
time for carriers' cargo ramp handling is normally two hours ahead of ETD.
However, the freight forwraders' consolidation cut-off time may vary depending
on each forwarder's operations respectively.
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Export
Control Classification Number
Every product has an export control
classification number (formerly: Export Control Commodity Number) within
the Commerce Control List. Each ECCN consists of five characters that identify
the category, product group, type of control, and country group level of
control.
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Exporter's
Certificate of Origin
The U.S. Customs Service defines an
Exporter's Certificate of Origin (also known as Customs Form 353) as a
document completed by the exporter, certifying that the goods described
therein are eligible for a preferential rate of duty under some trade program
such as the U.S.-Canada Free-Trade Agreement. (See 19 CFR 10.37(d)(1).)
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Export
License
A government document (also known
as an "Individual Validated License") authorizing exports of specific goods
in specific quantities to a particular destination. This document may be
required in some countries for most or all exports and in other countries
only under special circumstances.
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External
Dimensions
The extreme outside measurements,
including any handles or other protrusions, of a ULD.
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External
Volume, ULD
The amount of space a ULD
occupies in an aircraft calculated using the extreme external dimensions
of the unit.
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Foreign
Exports
Exports of foreign merchandise (re-exports),
consist of commodities of foreign origin which have entered the United
States for consumption or into Customs bonded warehouses or U.S. Foreign
Trade Zones, and which, at the time of exportation, are in substantially
the same condition as when imported.
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Freight
Carriage ... paid to
Like C & F, "Freight/Carriage
paid to ..." means that the seller pays the freight for the carriage of
the goods to the named destination. However, the risk of loss of or damage
to the goods, as well as of any cost increases, is transferred from the
seller to the buyer when the goods have been delivered into the custody
of the first carrier and not at the ship's rail. The term can be used for
all modes of transport including multi-modal operations and container or
"roll on-roll off" traffic by trailer and ferries. When the seller has
to furnish a bill of lading, waybill or carrier's receipt, he duly fulfills
this obligation by presenting such a document issued by the person with
whom he has contracted for carriage to the named destination.
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Freight
Carriage ... and Insurance paid to
This term is the same as "Freight/Carriage
Paid to ..." but with the addition that the seller has to procure transport
insurance against the risk of loss of damage to the goods during the carriage.
The seller contracts with the insurer and pays the insurance premium.
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Freight
Forwarder
An independent business which handles
export shipments for compensation. At the request of the shipper, the forwarder
makes the actual arrangements and provides the necessary services for expediting
the shipment to its overseas destination. The forwarder takes care of all
documentation needed to move the shipment from origin to destination, making
up and assembling the necessary documentation for submission to the bank
in the exporter's name. The forwarder arranges for cargo insurance, makes
the necessary overseas communications, and advises the shipper on overseas
requirements of marking and labeling. The forwarder operates on a fee basis
paid by the exporter and often receives an additional percentage of the
freight charge from the common carrier. An export freight forwarder must
be licensed by the Federal Maritime Commission to handle ocean freight
and by the International Air Transport Association (IATA) to handle air
freight. An ocean freight forwarder dispatches shipments from the United
States via common carriers, books or arranges space for the shipments,
and handles the shipping documentation.
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Gateway
In the context of travel activities,
gateway refers to a major airport or seaport. Internationally, gateway
can also mean the port where customs clearance takes place.
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Harmonized
System
The Harmonized Commodity Description
and Coding System (or Harmonized System, HS) is a system for classifying
goods in international trade, developed under the auspices of the Customs
Cooperation Council. Beginning on January 1, 1989, the new HS numbers replaced
previously adhered-to schedules in over 50 countries, including the United
States.
For the United States, the HS numbers
and four additional digits are the numbers that are entered on the actual
export and import documents. Any other commodity code classification number
(SITC, end-use, etc.) are just rearrangements and transformations of the
original HS numbers.
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HAWB
House Air waybill issued by carrying
airlines' agent, normally freight forwarder.
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IATA
International Air Transport Association
(IATA), established in 1945, is a trade association serving airlines, passengers,
shippers, travel agents, and governments. The association promotes safety,
standardization in forms (baggage checks, tickets, weigh bills), and aids
in establishing international airfares. IATA headquarter is in Geneva,
Switzerland.
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IATA
Designator
Two-character Airline identification
assigned by IATA in accordance with provisions of Resolution
762. It is for use in reservations, timetables, tickets, tariffs as well
as air waybill.
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ICAO
International Civil Aviation Organization
(ICAO) is an United Nations specialized agency which promotes international
cooperation in civil aviation. The ICAO Council adopts standards and recommended
practices concerning air nagivation, prevention of unlawful interference,
and facilitation of border-crossing procedures for international civil
aviation. Operating since 1947, ICAO includes almost all U.N. members.
Headquarters are in Montreal, Canada.
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Import
Certificate
The import certificate is a means
by which the government of the country of ultimate destination exercises
legal control over the internal channeling of the commodities covered by
the import certificate.
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Import
License
A document required and issued by
some national governments authorizing the importation of goods.Also referred
as import permit. With such documentation, customs clearance can be conducted.
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Import
Quota
A means of restricting imports by
the issuance of licenses to importers, assigning each a quota, after determination
of the total amount of any commodity which is to be imported during a period.
Import licenses may also specify the country from which the importer must
purchase the goods.
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Import
Quota Auctioning
The process of auctioning the right
to import specified quantities of quota-restricted goods.
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Import
Restrications
Import restriction, applied by a country
with an adverse trade balance (or for other reasons), reflect a desire
to control the volume of goods coming into the country from other countries
may include the imposition of tariffs or import quotas, restrictions on
the amount of foreign currency available to cover imports, a requirement
for import deposits, the imposition of import surcharges, or the prohibition
of various categories of imports.
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Importer
of Record
The U.S. Customs Service defines the
importer of record as the owner or purchaser of the goods; or, when designated
by the owner, purchaser, or consignee, a licensed Customs broker.
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Imports
for Consumption
"Imports for Consumption" measure
the total of merchandise that has physically cleared through U.S. Customs
either entering consumption channels immediately or entering after withdrawal
for consumption from bonded warehouses under Customs custody or from Foreign
Trade Zones. Many countries use the term "special imports" to designate
statistics compiled on this basis.
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Incoterms
Maintained by the International Chamber
of Commerce (ICC), this codification of terms is used in foreign trade
contracts to define which parties incur the costs and at what specific
point the costs are incurred.
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Insurance
Certificate
This certificate is used to assure
the consignee that insurance is provided to cover loss of or damage to
the cargo while in transit.
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Integrated
Carriers
Carriers that have both air and ground
fleets; or other combinations, such as sea, rail, and truck. Since they
usually handle thousands of small parcels an hour, they are less expensive
and offer more diverse services than regular carriers.
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Intermediate
Consignee
An intermediate consignee is the bank,
forwarding agent, or other intermediary (if any) that acts in a foreign
country as an agent for the exporter, the purchaser, or the ultimate consignee,
for the purpose of effecting delivery of the export to the ultimate consignee.
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Intermodal
Movement of goods by more than one mode of transport, ie. airplane,
truck, railroad and ship.
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LD3
Lower deck type 3 container. This
is the most commonly used container in passenger aircraft.
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Live
Animal
Commodities classified by IATA
referring live animals such as horse, cow, ... also known as Livestock.
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Lower
Deck
The compartment below the Main
Deck (also synonymous with lower hold and lower lobe).
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LWR
Most commonly used type of pallet
at lower deck of passenger aircraft and full cargo
freighter.
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Main
Deck
The deck on which the major portion
of payload is carried, normally known as Upper Deck of an airplane. The
full cargo freighter aircraft has it entire upper deck equipped for main
deck type of containers/pallets while Combi aircraft
uses it rear part of the upper deck for cargo loading. There is no upper
deck or main deck type of container/pallet at passenger aircraft.
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MD2
Commonly used container/pallet at
Main Deck or Upper Deck.
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Non-Airplane
Unit Load
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NVD
No Value Declared.
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OBC
On Board Courier.
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Open
Account
A trade arrangement in which goods
are shipped to a foreign buyer before, and without written guarantee of,
payment. Because this method poses an obvious risk to the supplier, it
is essential that the buyer's integrity be unquestionable.
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Oversize
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Packing
List
A shipping document issued by shipper
to carrier, Customs and consignee serving the purposes of identifying detail
information of package count, products count, measurement of each package,
weight of each package, etc.
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Pallet
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Pallet Net
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Perishable
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POA
Power Of Attorney, an authorization
granted by consignee or importer to its customs broker for the processing
of customs clearance on its behalf.
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POD
Proof Of Delivery, or a cargo/package
receipt with the signature of receipant. This term has been widely used
in courier and express industry and also gaining more attention and implementation
at air cargo industry..
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Political
Risk
In export financing, the risk of loss
due to currency inconvertibility, foreign government action preventing
the delivery of goods, revolution, war, expropriation, confiscation, etc.
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Porject
License
The Bureau of Export Administration
uses the project license to authorize large-scale exports of a wide variety
of commodities and technical data for specified activities. Those activities
are restricted to capital expansion, maintenance, repair or operating supplies,
or the supply of materials to be used in the production of other commodities
for sale. Items intended for resale in the form received are not permitted
and must be effected under a Distribution License.
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Position
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Pro
Forma Invoice
An invoice provided by a supplier
prior to the shipment of merchandise, informing the buyer of the kinds
and quantities of goods to be sent, their value, and important specifications
(weight, size, and similar characteristics). When an importer applys for
Letter of Credit as the means of payment, a Pro Forma Invoice from the
beneficiary of such Letter of Credit, usually the exporter, is required
by the L/C issuing bank.
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Quotas
and Quota System
Absolute quotas permit a limited number
of units of specified merchandise to be entered or withdrawn for consumption
during specified periods. Tariff-rate quotas permit a specified quantity
of merchandise to be entered or withdrawn at a reduced rate during a specified
period. Quotas are established by Presidential Proclamations, Executive
Orders, or other legislation.
The Quota System, a part of Customs'
Automated Commercial System, controls quota levels (quantities authorized)
and quantities entered against those levels. Visas control exports from
the country of origin. Visa authorizations are received from other countries
and quantities entered against those visas are transmitted back to them.
Control of visas and quotas simplify reconciliation of other countries'
exports and U.S. imports.
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Re-exports
For export control purposes: the shipment
of U.S. origin products from one foreign destination to another.
For statistical reporting purposes:
exports of foreign-origin merchandise which have previously entered the
United States for consumption or into Customs bonded warehouses for U.S.
Foreign Trade Zones.
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Refused
Shipments
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Schedule
B
Schedule B is a U.S. Bureau of the
Census publication and is based on the Harmonized Commodity Description
and Coding System (Harmonized System). Export statistics are initially
collected and compiled in terms of approxiximately 8,000 commodity classifications
in Schedule B, Statistical Classification of Domestic and Foreign Commodities
Exported from the United States. All commodities exported from the U.S.
must be assigned a seven-digit Schedule B number.
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SED
The Shipper's Export Declaration (SED)
includes complete particulars on individual shipments and is used to control
exports and act as a source document for the official U.S. export statistics.
SEDs must be prepared for shipments through the U.S. Postal Service when
the shipment is valued over $500. SEDs are required for shipments, other
than by the U.S. Postal Service, where the value of commodities classified
under each individual Schedule B number is over $2,500. SEDs must be prepared,
regardless of value, for all shipments requiring a validated export license
or destined for countries prohibited by the Export Administration Regulations.
SEDs are prepared by the exporter and the exporter's agent and delivered
to the exporting carrier (such as: post office, airline, or vessel line).
The exporting carrier presents the required number of copies to the U.S.
Customs Service at the port of export.
The Foreign Trade Statistical Regulations
(15 CFR, Part 30) provide the statistical requirements for use by exporters,
freight forwarders, and ocean carriers concerning preparation and filing
of SEDs.
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Shipping
Mark
The letters, numbers or other symbols
placed on the outside of cargo to facilitate identification.
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Shipping
Weight
Shipping weight represents the gross
weight in kilograms of shipments, including the weight of moisture content,
wrappings, crates, boxes, and containers (other than cargo vans and similar
substantial outer containers).
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Table
of Denial Orders
The TDO is a list of individuals and
firms that have been disbarred from shipping or receiving U.S. goods or
technology. Firms and individuals on the list may be disbarred with respect
to either controlled commodities or general destination (across-the-board)
exports. The list is published in the Export Administration Regulations.
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TACT
TACT stands for The Air Cargo Tariff.
It is published by IAP -- International Airlines Publications, an IATA
company. Click here for more
information.
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Tare
Weight
The weight of a ULD and tie down materials
without the weight of the goods it contains.
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Tariff
A tax assessed by a government in
accordance with its tariff schedule on goods as they enter (or leave) a
country. May be imposed to protect domestic industries from imported goods
and/or to generate revenue. Types include ad valorem, specific, variable,
or some combination.
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Tariff
Act of 1930
Title VII of the Tariff Act of 1930,
as amended, provides for the imposition of antidumping duties on imported
merchandise found to have been sold in the United States at "less than
fair value," if these sales have caused or are likely to cause material
injury to, or materially retard the establishment of, an industry in the
United States.
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Tariff
Anomaly
A tariff anomaly exists when the tariff
on raw materials or semi-manufactured goods is higher than the tariff on
the finished product.
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Tariff
Escalation
A situation in which tariffs on manufactured
goods are relatively high, tariffs on semi-processed goods are moderate,
and tariffs on raw materials are nonexistent or very low.
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Tariff
Quotas
Application of a higher tariff rate
to imported goods after a specified quantity of the item has entered the
country at a lower prevailing rate.
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Tariff
Schedule
A comprehensive list of the goods
which a country may import and the import duties applicable to each product.
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Tariff
Schedules of the United States Annotated
Effective 1979 to January 1989, the
U.S. import statistics were initially collected and compiled in terms of
the commodity classifications in the Tariff Schedules of the United States
Annotated (TSUSA), an official publication of the U.S. International Trade
Commission embracing the legal text of the Tariff Schedules of the United
States (TSUS) together with statistical annotations. This publication was
superseded by the Harmonized Tariff Schedule of the United States Annotated
for Statistical Reporting Purposes (HTSUSA) in January 1989.
Effective 1979 to January 1989, the
U.S. export statistics were initially collected and compiled in terms of
the commodity classifications in Schedule B, Statistical Classification
of Domestic and Foreign Commodities Exported from the United States. Schedule
B is a U.S. Bureau of the Census publication and, during this period, was
based on the framework of the TSUS. In January 1989, this publication was
replaced by Schedule B based on the Harmonized System.
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Temporary
Importation under Bond
When an importer makes entry of articles
brought into the United States temporarily and claimed to be exempt from
duty under Chaper 98, Subchapter XIII, Harmonized Tariff Schedule of the
United States, a bond is posted with Customs which guarantees that these
items will be exported within a specified time frame (usually within one
year from the date of importation). Failure to export these items makes
the importer liable for the payment of liquidated damages for breach of
the bond conditions. (See 19 CFR 10.31.). The Temporary Importation under
Bond (TIB) is usually twice the amount of duties and other payments the
importer would otherwise be required to pay. Merchandise imported under
TIB is usually for sales demonstration, testing, or repair.
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TOSCA
Toxic Substance Control Act, An extra
release that is needed for chemicals, hazardous material, etc. Not a charge
by customs, but brokers may charge extra to get the release.
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Transshipment
Transshipment refers to the act of
sending an exported product through an intermediate country before routing
it to the country intended to be its final destination.
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Transit
Zones
Transit zones, a form of free trade
zone, are ports of entry in coastal countries that are established as storage
and distribution centers for the convenience of a neighboring country lacking
adequate port facilities or access to the sea. A transit zone is administered
so that goods in transit to and from the neighboring country are not subject
to the customs duties, import controls or many of the entry and exit formalities
of the host country. Transit zones are more limited facilities then a foreign
trade zone or a free port.
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Transmittal
Letter
A list of the particulars of the shipment
and a record of the documents being transmitted together with instructions
for disposition of documents. Any special instructions are also included.
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ULD
Unit Load Device, Any type of container,
container with integral pallet, aircraft continer or aircraft pallet.
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Ultimate
Consignee
The ultimate consignee is the person
located abroad who is the true party in interest, receiving the export
for the designated end-use.
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Upper
Deck
See Main Deck
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Value
for Customs Purposes Only
The U.S. Customs Service defines "value
for Customs purposes only" as the value submitted on the entry documentation
by the importer which may or may not reflect information from the manufacturer
but in no way reflects Customs appraisement of the merchandise.
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Without
Reserve
A term indicating that a shipper's
agent or representative is empowered to make definitive decisions and adjustments
abroad without approval of the group or individual represented.
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