A
ABS
See American Bureau of Shipping.
Absorption
Acceptance by the carrier of a portion of a joint rate or charge which is less than the amount which it would receive for the service in the absence of such joint rate or charge (aircargo).
Acceptance of Goods
The process of receiving a consignment from a consignor, usually against the issue of a receipt. As from this moment and on this place the carrier's responsibility for the consignment begins.
Accompanied Transport
The transport of complete road vehicles by another means of transport (e.g. train, ferry accompanied by the driver).
Accord Relatif aux Transports Internationax de Denrees Perissables et aux Engins Speciaux a Utiliser pour ces Transports
Abbreviation: ATP
Agreement on the international carriage of perishable food-stuffs and on the special equipment to be used for such carriage.
ACEP
See Approved Continuous Examination Program.
Acknowledgement of receipt
A notification relating to the receipt of e.g. goods, messages and documents.
ACP90
Air Cargo Process.
A Computer system used at UK airports as an intermediary between airlines, airports authorities, agents and customs declarations.
Act of God
Accidents of a nature beyond human control such as flood, lightning or hurricane, usually quoted as 'force majeure'.
Active Inventory
Covers raw material, work in progress, finished products which will be used or sold within a given period without extra cost or loss. This term does not cover the so-called reserve inventory.
Actual Demand
Customer orders and often also the allocation of items, ingredients and/or raw materials to production or distribution.
Actual Voyage Number
A code for identification purposes of the voyage and vessel which actually transports the container/cargo.
Ad Valorem
In proportion to the value: A phrase applied to certain freight or customs duties levied on goods, property, etc. set as a percentage of their value.
Added Value
The value attributed to products, and services as the result of a particular process (e.g. production process, storage, transport).
ADR
See Articles Dangereux de Route.
Advance Arrangement
An agreement between the shipper and the carrier, concerning contacts between those parties prior to tendering the consignment.
Advanced Amount
Quantity of cash or cash equivalents expressed in a monetary amount given to a driver to cover expenses during a trip.
Advanced Charge
A charge paid by a carrier to an agent or to another carrier, which the delivering carrier then collects from the consignee. Such charges are usually for agents' forwarding fees and incidental expenses paid out of pocket for account of the shipment by an agent or other carrier (aircargo).
Advanced Interline
An interline carrier that picks up cargo from the shipper and delivers it to another carrier for shipment to the consignee.
Advice Note
A written piece of information e.g. about the status of the goods.
Aeroquip System
Special accessories in a container consisting of among others the attachment rails on the inside walls to provide facilities for lashing and separation of the cargo.
Aft
At, near or towards the stern or rear of a vessel or an aircraft.
Agency Fee
Fee payable by a shipowner or ship operator to a port agent.
Agent
- A person or organization authorized to act for or on behalf of another person or organization.
- In shipping, an agent is a corporate body with
which P&O Nedlloyd has an agreement to perform particular functions
on behalf of P&O Nedlloyd at an agreed payment. An agent is either a
part of the P&O Nedlloyd organization or an independent body.
The following functions and responsibilities may apply to the activities of an agent.
- Sales Marketing, acquisition of cargo, issuing quotations, concluding contracts in coordination with P&O Nedlloyd. Basically the agent is the first point of entry into the P&O Nedlloyd organization for a shipper.
- Bookings Booking of cargo in accordance with allotments assigned to the agent for a certain voyage by P&O Nedlloyd.
- DocumentationResponsible for timeliness and correctness of all documentation required, regarding the carriage of cargo.
- Handling Taking care of all procedures connected with physical handling of cargo.
- Equipment control Managing of all equipment stock in a particular area.
- Issuing Authorized to sign and issue Bills of Lading and other transport documents.
- Collecting Authorized to collect freight and charges on behalf of P&O Nedlloyd.
- Delivery The agent who releases the cargo and is responsible for its delivery to the consignee.
- Handling of cargo claims Handling of cargo claims as per agency contract.
- Husbanding Handling
non cargo related operations of a vessel as instructed by the master,
owner or charterer.
Aggregate Inventory
The inventory for any group of items or products, involving multiple stock-keeping units.
Synonym: Aggregate Stock.
AGVS
Automated guided vehicle system.
AIM
See Automatic Identification Manufacturers.
Air Commuter
A class of airline that generally serves smaller market cities with a small aircraft.
Air Consignment Note
See Air Waybill.
Air Container
Any unit load device, primarily intended for transport by air, having an internal volume of 1 m3 or more, incorporating restraint provisions compatible with an aircraft restraint system, and an entirely flush base bottom to allow handling on rollerbed cargo handling systems.
Air Waybill
Abbreviation: AWB
A document made out by or on behalf of the carrier(s) confirming receipt of the goods by the carrier and evidencing the contract between the shipper and the carrier(s) for the carriage of goods as described therein.
Synonym: Air Consignment Note.
All Cargo Carrier
An air carrier transporting aircargo only.
Allocation
The process of assigning activities, costs or facilities e.g. space to a certain organizational units.
Allotment
A share of the capacity of a means of transport assigned to a certain party, e.g. a carrier or an agent, for the purpose of the booking of cargo for a specific voyage.
American Bureau of Shipping
Abbreviation: ABS
American classification society which has established rules and regulations for the classification of seagoing vessels or equipment.
Amidships
At or in the middle of a vessel.
Apparel
- A vessel's outfit, such as rigging, anchor and life boats.
- The term used in distribution/transport of
clothing for a single piece of clothing, a garment.
Approved Continuous Examination Program
Abbreviation: ACEP
An agreement between the owners of the equipment and the responsible governmental body to allow continuous examination of the equipment (e.g. containers).
Apron
See Platform.
Area Code
A code for the area where a container is situated.
Area of Repair
Geographical area where a container is under repair.
Area Off Hire Lease
Geographical area where a leased container becomes off hire.
Area Off Hire Sublease
Geographical area where a subleased container becomes off hire.
Area On Hire Lease
Geographical area where a leased container becomes on hire.
Area On Hire Sublease
Geographical area where a subleased container becomes on hire.
Arrival Notice
A notice sent by a carrier to a nominated notify party advising of the arrival of a certain shipment.
Articles Dangereux de Route
Abbreviation: ADR
A European agreement concerning the international carriage of dangerous goods by road.
Assembly
The stage of production in which components are put together into an end product appropriate to the process concerned.
Assignment
The transfer of certain rights from one party to another.
Astern
- Behind a vessel or an aircraft.
- Backward; in a reverse direction.
Athwartships
Across the vessel, that is, from side to side. Said of cargo stowed in this way, as opposed to lengthwise.
ATP
See Accord Relatif aux Transports Internationaux de Denrees Perissables et aux Engins Speciaux a Utiliser pour ces Transports.
Audit
A methodical examination and review of a situation or condition (as within a business enterprise) concluding with a detailed report of findings.
Authentication
Proof by means of a signature or otherwise that a certain document or certain data is of undisputed origin and genuine.
Authorization
The commission to a certain person or body to act on behalf of another person or body. The person or body can be authorized e.g. to issue Bills of Lading or to collect freight.
Auto Container
Container equipped for the transportation of vehicles.
Automated Guided Vehicle System
Unmanned vehicles equipped with automatic guidance equipment which follow a prescribed path, stopping at each necessary station for automatic or manual loading or unloading.
Automatic Identification
A means of identifying an item e.g. a product, parcel or transport unit by a machine (device) entering the data automatically into a computer.
The most widely used technology at present is bar code; others include radio frequency, magnetic stripes and optical character recognition.
Automatic Identification Manufacturers
Abbreviation: AIM
International organization of companies and/or associations involved or interested in automatic identification.
Average
- In marine insurance: a loss or damage to or in respect of goods or equipment.
- The numerical result obtained by dividing the
sum of two or more quantities by the number of quantities.
Average Adjusters
In general average affairs average adjusters are entrusted with the task of apportioning the loss and expenditure over the parties interested in the maritime venture and to determine which expenses are to be regarded as average or general average.
AWB
See Air Waybill.
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