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49 Cards in this Set
- Front
- Back
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Booking
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an arrangement with a steamship company for the acceptance and carriage of freight
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Collection Papers
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all documents (Invoices, bill of lading, etc.) submitted to a buyer for the purpose of receiving payment for a shipment
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Consular Invoice
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a document, required by some foreign countries, describing a shipment of goods and showing information such as the consignor, consignee, and the value of the shipment. Certified by a consular official of the foreign country, it is used by the country's customer's officials to verify the value, quantity and nature of the shipment.
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Phytosanitary Inspection Certificate
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a certificate, issued by the U.S. Department of Agriculture to satisfy import regulations of foreign countries, indication a U.S. shipment has been inspected and is free from all harmful pests and plant diseases
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Quotations
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an offer to sell goods at a stated price and under specified conditions
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Liner (or Berth) Service
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performed by vessels operating as common carriers. They serve specific trade routes on published schedules and carry a variety of merchandise.
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Tramp Service
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performed by vessels operating in a manner similar to that of a contract carrier. They have no fixed routes or schedules and frequently carry a single cargo from one loading port to one discharge port.
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Conference Carrier
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a steamship company that is a member of an association known as a steamship conference
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Independent Service
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a steamship company that is not a member of a conference, even though it only operated on a fixed schedule
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Dual-Rate Contract System
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a signed agreement between a shipper and a specific steamship conference whereby the shipper agrees to utilize one of the conference carriers for all shipments in return for reduced ocean freight rates
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Weight Ton
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Short Ton= 2,000 pounds
Long Ton = 2,240 pounds Metric Ton= 2,204.68 pounds |
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Measurement Ton
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a space measurement, usually 40 cubic feet or one cubic meter. Cargo is charged a specific rate for every 40 cubic feet of space.
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Weight Measurement Ton
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cargo is rated per weight or measurement ton, at the carriers option. Freight charges are calculated on the basis of either weight or measure, whichever yields the greater revenue to the ship
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Liner (or Berth Terms)
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the cost of loading and discharge of cargo is included in the ocean rate
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Lighter
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an open or covered barge towed by a tugboat and used mainly in harbors and inland waterways
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Steamship Conference
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a group of steamship operators that operate under mutually agreed upon freight rates
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Alongside
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A phrase referring to the side of a ship. Goods delivered this was are to be placed on the dock or lighter within reach of the transport ship's tackle so that they can be loaded aboard the ship
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C&F (Cost and Freight)
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to named overseas port of import. The seller quotes a price for goods, including the cost of transportation to the named point of debarkation. The cost of insurance is left to the buyer's account
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C.I.F. (Cost, Insurance, Freight)
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to named overseas port of import. The seller quotes a price for the goods, including insurance, all transportation, and miscellaneous charges to the point of debarkation from vessel or aircraft
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F.O.B. (Free on Board)
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the seller quotes for a price for goods, including the cost of loading them into transport carriers at a named point
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F.O.B. (named inland point of origin)
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The seller is responsible for loading goods into the transport carrier and the buyer's responsibility is for a subsequent expenses.
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F.O.B. (name port of exportation)
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the quoted price includes the cost of transporting the goods to the names point
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F.O.B. VESSEL (named port of export)
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the seller quotes a price covering all expenses up to, and including, delivery of goods upon an overseas vessel provided or for the buyer
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EX (named point of origin)
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under this term, the price quoted applies only at the point of origin and the seller agrees to place the goods at the disposal of the buyer at the specified place on the date or within the period fixed. All other charges are for the account of the buyer
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F.A.S. (Free alongside a ship at named U.S. port of export)
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the seller quotes a price for goods, including the cost of transportation to the named point of debarkation. the cost of insurance is left to the buyers account.
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Common Carrier
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an individual, partnership, or corporation, which transports persons or goods for compensation
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Demurrage
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penalty for excess time look for loading or unloading a vessel. Refers only to situations in which the charter or shipper, rather than the vessel's operator, is at fault
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Destinations Control Statement
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any of various statements which the U.S. Government requires to be displayed on export shipments and which specify the destinations for which export of the shipment has been authorized
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Dock Receipt
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used by an ocean carrier to acknowledge receipt of a shipment at the carrier's dock or warehouse facilities
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Exchange Rate
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the price of one currency in terms of another, the number of units of one currency that may be exchanged for another currency
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F.I. (Free In)
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pricing term that indicated that the charterer of a vessel is responsible for the cost of loading goods onto the vessel.
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F.I.O (Free in and Out)
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a pricing term indicating that the charterer of a vessel is responsible for the cost of loading and unloading goods from the vessel
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F.O. (Free Out)
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a pricing term indicating that the charterer of a vessel is responsible for the cost of unloading goods from the vessel.
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Gross Weight
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the full weight of a shipment, including goods and packaging
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Proforma Invoice
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provided by the supplier to prior to the shipment of merchandise, informing the buyer of the kinds of quantities of the goods to be sent, their value, and important specifications (Weight, size, etc)
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Wharfage
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a charge assessed by a pier or dock owner for handling incoming or outgoing cargo
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SCAC (Standard Carrier Alpha Code)
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-used to identify transportation companies.
-Two to four alphabetic letters long. -Used for private and common carriers -Ocean going end with U while intermodal chassis end with Z -Worldwide identification scheme |
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Axle
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A beam with a spindle about which the wheel rotates. An axle can be single mounted or double
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Single Axle
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assembly of two or more axles whose centers are less than 40 inches apart
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Axle Group
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a combination of 2 or more consecutive axles
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Tandem Axel
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any 2 consecutive axles whose centers are 40 or more inches but not more than 96 inches apart.
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(GVW) Gross Weight
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the weight of a vehicle and/or combination of vehicle plus the weight of any load thereof
-Maximum legal weight is 80,000 lbs |
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Interstate Hauling
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movement of the vehicle between or through two or more jurisdictions
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Intrastate Hauling
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movement of vehicle within same jurisdiction
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Truck Chassis
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-Trailer
-Bobtail-truck with out trailer |
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Intermodal Chassis
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-Trailer that can be detached
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Tankers
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single largest ship category, both by numbers and by deadweight tonnage, They are designed to carry wet cargo in large tanks--most commonly petroleum(products)
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Bulk Carriers
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commonly carry grains, coal, or sugar
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General Cargo
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Commodity-carrying vessels. This classification is based on the method of loading rather than the type of cargo.
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