AAR
Abbreviation for:
- Against All Risks (insurance clause).
- Association of American Railroads.
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Abaft
A point beyond the midpoint of a ships length, towards the rear or stern.
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Abandon
A proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo.
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Abatement
A discount allowed for damage or overcharge in the payment of a bill.
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ABI
U.S. Customs' "Automated Broker Interface," by which brokers file importers' entries electronically.
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Aboard
Referring to cargo being put, or laden, onto a means of conveyance.
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Absorption
One carrier assumes the charges of another without any increase in charges to the shipper.
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Acceptance
- A time draft (or bill of exchange) that the drawee (payer) has accepted and is unconditionally obligated to pay at maturity.
- Broadly speaking, any agreement to purchase goods under specified terms.
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Acquiescence
When a bill of lading is accepted or signed by a shipper or shipper's agent without protest, the shipper is said to acquiesce to the terms, giving a silent form of consent.
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Acquittance
A written receipt in full, in discharge from all claims.
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ACS (A.C.S.)
U.S. Customs' master computer system, "Automated Commercial Systems."
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Act of God
An act beyond human control, such as lightning, flood or earthquake.
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Ad Valorem
A term from Latin meaning, "according to value."
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ADR
Accorde Dangerous Route - European legislation for the movement of Dangerous Goods by Road.
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Advanced Charge
Transportation charge advanced by one carrier to another to be collected by the later carrier from the consignor or consignee.
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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.
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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.
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Advising Bank
A bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank.
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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.
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Aft
Movement toward the stern (back end) of a ship.
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Agency Tariff
A tariff published by an agent on behalf of several carriers.
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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.
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Aggregate Shipment
Numerous shipments from different shippers to one consignee that are consolidated and treated as a single consignment.
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Agreed valuation
The value of a shipment agreed upon in order to secure a specific freight rate.
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Agreed Weight
The weight prescribed by agreement between carrier and shipper for goods shipped in certain packages or in a certain number.
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Air Waybill
The forwarding agreement or carrying agreement between shipper and air carrier and is issued only in nonnegotiable form.
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All In
The total price to move cargo from origin to destination, inclusive of all charges.
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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.
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Ambient Temperature
The temperature of a surrounding body. The ambient temperature of a container is the atmospheric temperature to which it is exposed.
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American Bureau of Shipping
U.S. classification society which certifies seagoing vessels for compliance to standardized rules regarding construction and maintenance.
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AMS
The U.S. Customs' "Automated Manifest System."
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Any Quantity (A.Q.)
Usually refers to a rating that applies to an article regardless of size or quantity.
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Apparent Good Order
When freight appears to be free of damage so far as a general survey can determine.
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Appraisement
Determination of the dutiable value of imported merchandise by a Customs official who follows procedures outlined in their country's tariff.
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Arbitrary
A stated amount over a fixed rate to one point to make a rate to another point.
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Average
See insurance.
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Arrival Notice
A notification by carrier of ship's arrival to the consignee, the "Notify Party," and - when applicable - the "Also Notify Party."
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Assignment
A term commonly used in connection with a bill of lading. It involves the transfer of rights, title and interest in order to assign goods by endorsing the bill of lading.
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Astern
- Behind a vessel
- Move in a reverse direction.
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ATDNSHINC
Any time Day or Night Sundays & Holidays Included.
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Athwartships
A direction across the width of a vessel.
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AWWL
Always within Institute Warranties Limits (Insurance purpose).
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