Actual Time of Arrival, or Airport-To-Airport, or Air Transport Association of America.
Actual Time of Departure.
Authorised Economic Operator is a party involved in the international movement of goods that has been approved by or on behalf of a national customs administration as complying with WCO (World Customs Organisation) or equivalent supply chain security standards.
A unit load device (ULD) is a pallet or container used to load luggage and freight onto an aircraft.
All risks coverage is a type of marine insurance and is the broadest kind of standard coverage. However, it excludes damage caused by war, strikes, and riots.
A term used to describe blocked space by airlines on behalf of forwarders/shippers.
A phrase referring to the side of a ship. Goods to be delivered alongside 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. Goods are delivered to the port of embarkation, but without loading fees.
A customs document that allows goods moving between an EU country and Turkey to benefit from cheaper rates of duty.
Air Waybill (AWB)
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.
BAF (Bunker Adjustment Factor)
An adjustment in shipping charges to offset price fluctuations in the cost of bunker fuel.
BIFA (British International Freight Association)
is a trade association for UK registered companies engaged in international movement of freight by all modes of transport, air, road, rail and sea. All Business undertaken by Wallis Shipping Services Ltd of whatever nature is subject to the Standard Trading Conditions of BIFA 2017 edition.
Bill of Lading (B/L)
Bills of lading are contracts between the owner of the goods and the carrier. There are two types. A straight bill of lading is nonnegotiable. A negotiable or shipper’s order bill of lading can be bought, sold, or traded while goods are in transit and is used for many types of financing transactions. The customer usually needs the original or a copy as proof of ownership to take possession of the goods.
Bill of Sale
A bill of sale is a legal document made by a ‘seller’ to a purchaser, reporting that on a specific date, at a specific locality, and for a particular sum of money or other “value received”, the seller sold to the purchaser a specific item of personal, or parcel of real, property of which he had lawful possession. It is a written instrument which evidences the transfer of title to personal property from the vendor, seller, to the vendee, buyer.
BIP (Border Inspection Post)
Border controls operated by the Port Health Authorities.
The Customs Service authorises 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 re-shipped out of the country.
Cargo that is non-containerised shipped by sea on a Break bulk vessel (see below).
A general cargo vessel designed to efficiently handle un-containerised cargo. Vessels are usually self-sustaining in that they have their own loading and unloading machinery.
BTIS (Binding Tariff Information System)
A system created by the EU to help formal classification of a product to a specific Customs commodity code and to establish the amount of VAT and Duty applicable for the specific product.
CAF (Currency Adjustment Factor)
A freight surcharge or adjustment factor imposed by an international carrier to offset foreign currency fluctuations. In some cases an emergency currency adjustment factor (ECAF) may be applied when a charge or rate has been originally published in a currency that is experiencing sustained or rapid decline. The CAF is charged as a percentage of the freight.
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.
CFR (Cost and Freight)
CHIEF (Customs Handling of Import and Export Freight)
The computer system used by HM Revenue & Customs to manage both the declaration and movement of goods into and out of the UK. The system also manages movements of goods owned by UK residents and businesses across EU borders.
CIF (Cost, Insurance and Freight)
CIP (Carriage and Insurance Paid)
Clean Bill of Lading
A receipt for goods issued by a carrier with an indication that the goods were received in apparent good order and condition, without damages or other irregularities.
C of O (Certificate of Origin)
An official document that, when stamped by the relevant authorities, provide the Country of Origin of the goods in transit. This is often required when shipping textiles.
An aircraft configured to carry both passengers and cargo on the Main Deck .
The commercial invoice is a bill for the goods from the seller to the buyer. These invoices are often used by governments to determine the true value of goods for the assessment of customs duties and are also used to prepare consular documentation. Governments using the commercial invoice to control imports often specify its form, content, number of copies, language to be used, and other characteristics.
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 .
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.
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 .
The government authorities designated to collect duties levied by a country on imports and exports.
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. In the UK, customs brokerage activites are carried out by freight forwarders approved by HMRC.
The procedures involved in getting cargo released by Customs through designated formalities such as presenting commercial documentation and origin certificates, import license/permit, payment of import duties and other required documentations by the nature of the cargo.
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.
CVC (Certificate of Veterinary Check)
Certificate of Veterinary Checks/Inspection is a legal regulatory document in which the attending veterinarian attests to the veracity of the information contained in the documents.
DAP (Delivered at Place)
DAT (Delivered at Terminal)
DDP (Deliver Duty Paid)
Commodities classified by IATA according to its nature and characteristic in terms of the effect of its danger to carrier’s flying safety.
Organisations can apply for an account with HM Revenue & Customs – a deferment account. A guarantee is issued by the importer to HMRC and this enables duty and VAT to be paid on account and not on entry. When it’s time to pay duty or VAT it get charged to your account and you settle the bill.
Provides specific information to the inland carrier concerning the arrangement made by the forwarder to deliver the merchandise to the particular pier or shippingline. Not to be confused with Delivery Order which is used for import cargo.
Excess time taken for loading or unloading a vessel, therefore causing delay of a scheduled departure. Demurrage refers only to situations in which the charter company or shipper, rather than the vessel’s operator, is at fault.
DGN (Dangerous Goods Note)
A Dangerous Goods Note is usually completed by a consignor who is qualified within the company to complete this document. The DGN contains all the hazardous information required for the goods to be transport in a safe manner. A DGN is required for all hazardous goods shipments via air or sea.
Also called measurement weight. This is the size of consignment calculated by total square feet multiplied by 6000. Carriers will charge for freight based on the dimensional weight or actual gross weight whichever is higher.
Ship without consolidation and under one MAWB ie non-consolidation.
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.
A tax imposed on imports by the customs authority of a country. Duties are generally based on the value of the goods, some other factors such as weight or quantity (specific duties), or a combination of value and other factors (compound duties).