Glossary

Freight moving from origin to destination over the Freight lines of two or more transportation carriers.

A point located en route between two other points.

Used to denote movements of cargo containers interchangeably between transport modes, i.e., motor, rail, water, and air carriers, and where the equipment is compatible within the multiple systems.

It is an amendment to the Safety of Life at Sea (SOLAS) Convention (1974/1988) on minimum security arrangements for ships, ports and government agencies. Having come into force in 2004, it prescribes responsibilities…

An itemized list of goods shipped to a buyer, stating quantities, prices, shipping charges, etc.

A complete listing of all cargo entering the country of discharge. Required at all world ports and is the primary source of cargo control, against which duty is assessed by the receiving country.

Abbreviation for “Inland Point Intermodal.” Refers to inland points (non–ports) that can be served by carriers on a through bill of lading.

Letter of credit in which the specified payment is guaranteed by the bank if all terms and conditions are met by the drawee and which cannot be revoked without joint agreement of both…

Bank that opens a straight or negotiable letter of credit and assumes the obligation to pay the bank or beneficiary if the documents presented are in accordance with the terms of the letter…

The carrier issuing transportation documents or publishing a tariff.