Glossary

When a container or vessel has reached its volumetric capacity before its permitted weight limit.

1,728 cubic inches.A volume contained in a space measuring one foot high, one foot wide and one foot long

A government office where duties are paid, import documents filed, etc., on foreign shipments.

A person or firm, licensed by the treasury department of their country when required, engaged in entering and clearing goods through Customs for a client (importer).

Government agency charged with enforcing the rules passed to protect the country’s import and export revenues.

A warehouse authorized by Customs to receive duty–free merchandise.

All countries require that the importer make a declaration on incoming foreign goods. The importer then normally pays a duty on the imported merchandise. The importer’s statement is compared against the carrier’s vessel…

A form requiring all data in a commercial invoice along with a certificate of value and/or a certificate of origin. Required in a few countries (usually former British territories) and usually serves as…

A phrase often included in charter parties and freight contracts referring to local rules and practices which may impact upon the costs borne by the various parties.

It is a voluntary supply chain security program, launched in November 2001 and led by U.S. Customs and Border Protection (CBP) which focuses on improving the security of private companies’ supply chains with…