Glossary

A tariff published by an agent on behalf of several carriers.

A person authorized to transact business for and in the name of another person or company. Types of agents are:(1) brokers,(2) commission merchants,(3) resident buyers,(4) sales agents,(5) manufacturer’s representatives.

Numerous shipments from different shippers to one consignee that are consolidated and treated as a single consignment.

The value of a shipment agreed upon in order to secure a specific freight rate.

The weight prescribed by agreement between carrier and shipper for goods shipped in certain packages or in a certain number.

The forwarding agreement or carrying agreement between shipper and air carrier and is issued only in nonnegotiable form.

The total price to move cargo from origin to destination, inclusive of all charges.

The striking by a moving vessel against a stationary object.

A phrase referring to the side of a ship. Goods delivered “alongside” are to be placed on the dock or barge within reach of the transport ship’s tackle so that they can be…

Privilege to use the rate producing the lowest charge.