| C
& F: Cost and Freight. Terms of sale. Seller quotes price including
the cost of goods and all transportation charges to the named point of destination.
Cabotage:
Shipments between ports of the same nation. Many countries, like the U.S.,
have laws requiring domestic-owned vessels to perform domestic interport
water transportation services.
Cargo
Bays: Doors at cargo warehouse where vehicles back in to load/unload cargo.
Carrier:
One who owns, operates or charters vehicles of transportation for movement
of cargo.
Carriers
Certificate: U.S. Customs form used in lieu of bill of lading.
CBM:
1 Cubic Meter = 35.314 cubic feet.
Cell:
Container slot where container fits into place on vessel.
Cell
Guides: A guide for each container slot.
Certificate
of Origin: A statement signed by the exporter, or his agent, and attested
to by a local Chamber of Commerce, indicating that the goods being shipped,
or a major percentage of them, originated and were produced in the exporter's
country.
CFS:
Container Freight Station. Storage/warehouse facilities for loading/unloading
less than full container orders.
CFS
Cargo: Loose containerizable cargo handled in a container freight station.
CFS:
Container Freight Station. The term CFS at loading port means the location
designated by carriers for the receiving of cargo to be packed into containers
by the carrier. At discharge ports, the term CFS means the bonded location
designated by carriers in the port area for unpacking and delivery of
cargo.
Chains
and Binders: Used to secure oversize cargo to equipment.
Charter
VSC: Vessel whose owner makes vessels available on bid basis.
Charterer:
An organization/company who enters an agreement with a principal to use
their vessels for a specified time.
Chassis:
Trailer or wheeled unit on which a container is placed in order to move
container over the road.
CHB:
Customs House Broker.
Claim:
A request for payment by a customer due to a shortage or damage to cargo.
Clear/Clean
on Board: Bill of lading issued without exceptions.
COFC:
Container on a Flat Car. Containers moving on articulated flat rail cars
without chassis.
Collect:
Money to be paid at destination prior to release of bills of lading.
Combined
Transport Bill of Lading: Provides a combined transport by at least two
different modes of transportation from a place at which the goods are
taken to a place designated for delivery.
Commercial
Invoice: An itemized list of goods shipped, usually included among an
exporter's collection papers.
Commodity
Description: Description of goods being shipped.
Common
Carrier: A public or privately owned firm or corporation that transports
the goods of others over land, sea, or through the air, for a stated freight
rate. By government regulation, a common carrier is required to carry
all goods offered if accommodations are available and the established
rate is paid.
Company
Guarantee: A letter of guarantee from a company identifying the carrier
of responsibility associated in the release of goods in lieu of bill of
lading. Protection in writing to carrier by private company.
Conference:
Group of carriers allowed by FMC to determine a level of rates, services
and rules of a given trade route bound together by a common tariff or
certain geographic area.
Conference:
A group of steamship companies offering equitable freight rates, standardized
shipping practices and regularly scheduled service between designated
ports. These arrangements are given anti-trust immunity as authorized
by the Shipping Act of 1984.
Conference
Carrier: Carrier that belongs to the conference.
Conference
Certificate: Certificate declaring that the carrier is a member of the
conference.
Connecting
Carrier: An intermediary carrier utilized to connect cargo to/from mother
vessel.
Consignee:
The individual or company to whom a seller or sipper sends merchandise
and who, upon presentation of necessary documents, is recognized as merchandise
owner for the purpose of declaring and paying customs duties.
Consignment:
Is the physical transfer of goods from a seller, consignor, with whom
the title remains, to another legal entity, consignee, who acts as a selling
agent, selling the goods and remitting the new proceeds to the consignor.
Consignor:
Person or firm by whom articles are shipped.
Consolidated
Shipment: An arrangement whereby various shippers pool their boxed goods
on the same shipment, sharing the total weight charge for the shipment.
Consolidation:
Effort extended to put same destination cargo together in same container
for ease of delivery.
Consortium:
Group of carriers pooling resources in a trade lane to maximize their
resources efficiently.
Consular
Invoice: Document required by some foreign countries showing exact information
as to consignor, consignee, value description, etc. for a shipment.
Consulate
Copy: Copy of the B/L signed for consulate purpose.
Consulate
Legalization: Shipping documents must be presented to the Consul for legalization,
either prior to or right after sailing.
Container:
A truck trailer body that can be detached from the chassis for loading
into a vessel, a rail car or stacked in a container depot. Containers
may be ventilated, insulated, refrigerated, flat rack, vehicle rack, open
top, bulk liquid or equipped with interior devices. A container may be
20 feet, 40 feet, 45 feet, 48 feet or 53 feet in length, 8'0" or
8'6" in width, and 8'6" or 9'6" in height.
Container
Load Plan/CLP: Describes how the inside of container is stowed with cargo.
Container
Number: Identification number assigned to each container.
Container
Pool / Depot: Where containers are stored usually inland for container
availability to shippers or consignees. Carrier location to hold empty
containers, various points for shipper's utilization; an area designated
for storage of empty .
Container
Ship: Vessel built to accommodate ocean containers.
Container
Stuffing List/CSL: List showing how cargo is stowed in each container.
Container
Yard: Facility where full and empty containers are stored.
Containerized:
All cargo loaded into a container.
Cooper:
Warehouse worker assigned to reconstruct or repair cartons, crates, boxes,
etc.
Corner
Posts: Steel reinforcements at corner of each container.
Cost
Insurance: Terms of sale. Seller quotes a price including cost of goods,
insurance Freight (CIF)and transportation charges to point of destination.
Countervailing
Duties: Is a special duties imposed on imports to offset the benefits
of subsidies to producers or exporters of the exporting country.
Credit
Agreement: Agreement between carrier and shipper for release of cargo
with promise to pay ocean freight within specified time. Document signed
by the shipper which binds shipper to credit terms of the conference or
agreement body.
Cross
Docking: The process of moving merchandise directly from the receiving
dock to the shipping dock, eliminating the need to place the merchandise
in storage.
Cubic
Foot: 1 Cubic Foot = 1728 Cubic Inches.
Currency
Adjustment Factor/CAF: Percentage of money used to equalize a difference
in currency values. A percent of the base ocean freight.
Customs:
Government agency which inspects cargo, insures proper cargo clearance,
proper forms are filed, and correct duties/fees are paid.
Customs
Clearance: Shipment cleared by Customs for movement.
Customs
Duty: Monies paid to U.S. Customs for goods entered into U.S. from foreign
countries.
Customs
House Broker/CHB: Agent representative licensed by FMC who negotiates
customs clearance for import cargo on behalf of the consignee through
U.S. Customs.
Customs
Station: Area where containers are brought for Customs inspection.
Customs
Tarriff: A schedule of charges assessed by the federal government on imported
goods.
Customs
Warehouse: Where cargo is temporarily stored awaiting inspection or where
cargo is stored when seized by Customs due to lack of permit/entry.
Cut
Off: Last possible date cargoes may be delivered to a ship or designated
point.
CY:
Container Yard. Container yard where full containers are received and
picked up. Storage area for container.
CY/CFS:
Cargo loaded in a full container by a shipper at origin and delivered
to a pier facility at destination where it is devanned for delivery.
CY/CY:
Cargo loaded in a full container by a shipper at origin and delivered
to carriers terminal for vessel loading and discharged at destination
terminal for pick up intact by consignee.
|