| LOGISTICS DICTIONARY |
 |
 |
| To go back to the main page, click here: |
| To go to the next page, click here: |
 |
| Advance To move cargo up line to a vessel leaving sooner than the one booked. (See "Roll.") Advanced Charge Transportation charge advanced by one carrier to another to be collected by the later carrier from the consignor or consignee. Adventure Shipment of goods on shipper's own account. A bill of adventure is a document signed by the master of the ship that carries goods at owner' risk. Advice of Shipment A notice sent to a local or foreign buyer advising that shipment has gone forward and containing details of packing, routing, etc. A copy of the invoice is often enclosed and, if desired, a copy of the bill of lading. Advising Bank A bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank. Affreightment, Contract of An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer. Aft Movement toward the stern (back end) of a ship. Agency Tariff A tariff published by an agent on behalf of several carriers. Agent (Agt.) A person authorized to transact business for and in the name of another person or company. Types of agent are: (1) brokers, (2) commission merchants, (3) resident buyers, (4) sales agents, 5) manufacturer's representatives. Aggregate Shipment Numerous shipments from different shippers to one consignee that are consolidated and treated as a single consignment. Agreed valuation The value of a shipment agreed upon in order to secure a specific freight rate. Agreed Weight The weight prescribed by agreement between carrier and shipper for goods shipped in certain packages or in a certain number. Air Waybill The forwarding agreement or carrying agreement between shipper and air carrier and is issued only in nonnegotiable form. All In The total price to move cargo from origin to destination, inclusive of all charges. Alongside 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 loaded. Alternative Rates Privilege to use the rate producing the lowest charge. Ambient Temperature The temperature of a surrounding body. The ambient temperature of a container is the atmospheric temperature to which it is exposed. American Bureau of Shipping U.S. classification society which certifies seagoing vessels for compliance to standardized rules regarding construction and maintenance. AMS The U.S. Customs' "Automated Manifest System." |