Glossary

Place where loose or other non–containerized cargo is ungrouped for delivery.

The weight by which a shipment is less than the minimum weight.

Order to pick up goods at a named place and deliver them to a pier. Usually issued by exporter to trucker but may apply to a railroad, which completes delivery by land. Use…

Demurrage/Despatch money. (Under vessel chartering terms, the amount to be paid if the ship is loading/discharging slower/faster than foreseen.)

A penalty charge against shippers or consignees for delaying the carrier’s equipment or vessel beyond the allowed free time. The free time and demurrage charges are set forth in the charter party or…

The weight of cargo per cubic foot or other unit.

Container freight station or a designated area where empty containers can be picked up or dropped off.

An incentive payment paid by the vessel to the charterer for loading and unloading the cargo faster than agreed. Usually negotiated only in charter parties. Also called “dispatch.”

– The place to which a shipment is consigned. – The place where carrier actually turns over cargo to consignee or his agent.

Various statements that the U.S. government requires to be displayed on export shipments. The statements specify the authorized destinations.