Unitization

– The consolidation of a quantity of individual items into one large shipping unit for easier handling. – Loading one or more large items of cargo onto a single piece of equipment, such…

Unloading

Removal of a shipment from a vessel.

Validated Export License

A document issued by the U.S. government; authorizes the export of commodities for which written authorization is required by law.

Validation

Authentication of B/L and when B/L becomes effective

Vanning

A term for stowing cargo in a container.

Variable Cost

Costs that vary directly with the level of activity within a short time. Examples include costs of moving cargo inland on trains or trucks, stevedoring in some ports, and short–term equipment leases. For…

Ventilated Container

A container designed with openings in the side and/or end walls to permit the ingress of outside air when the doors are closed.

Vessel Manifest

The international carrier is obligated to make declarations of the ship’s crew and contents at both the port of departure and arrival. The vessel manifest lists various details about each shipment by B/L…