|
- T - |
|
TERM |
DEFINITION |
|
3PL |
See "Third Party Logistics" |
|
T1 |
-
Goods that are
not in free circulation are assigned the EC Customs code T1
- High Speed Internet Line carrying 1.2 megabits per second of data |
|
T2 |
Goods that are
in free circulation are assigned the EC Customs code T2. |
|
TA |
Thanks Again |
|
TAFN |
That's All For Now |
|
TANSTAAFL |
There Ain't No Such Thing As A Free Lunch |
|
TD or t/d |
Time Definite - normally a guaranteed delivery time with assumed liabilities
if delivery is not made by a "guaranteed" time.
NOTE: Normal cargo insurance rarely covers "guaranteed" deliver by a set
time without explicit approval of Underwriters. |
|
TDO |
See "Table of Denial Orders" |
|
T.& E. |
Abbreviation for "Transportation and Exportation." Customs
form used to control cargo movement from port of entry to port of exit, meaning
that the cargo is moving from one country, through the United States, to another
country. |
|
T/T |
Telegraphic Transfer - wire funds |
|
Table of Denial Orders |
The TDO is a list of individuals and firms that
have been disbarred from shipping or receiving U.S. goods or technology. Firms
and individuals on the list may be disbarred with respect to either controlled
commodities or general destination (across-the-board) exports. The list is
published in the Export Administration Regulations. |
|
Tail |
Rear of a container or trailer-opposite the front or nose. |
|
Tail (Ins) |
This term
has been used to describe both the exposure that exists after expiration of
a policy and the coverage that may be purchased to cover that exposure. On
"occurrence" forms a claims tail may extend for years after policy
expiration, and the losses may be covered. On "claims made" forms tail
coverage may be purchased to extend the period for reporting covered claims
beyond the normal policy period. |
|
Tallyman |
A person
who records the number of cargo items together with the condition thereof at
the time it is loaded into or discharged from a vessel. |
|
Tally Sheet |
A printed
form on which companies record, by making an appropriate mark, the number of
items they receive or ship. In many operations, tally sheets become a part
of the permanent inventory records. |
|
T&P |
Theft and Pilferage |
|
Tandem |
A truck
that has two drive axles or a trailer that has two axles. |
|
Tank Barge |
A river barge designed
for the carriage of liquid bulk cargoes. |
|
Tank Car |
Railcars
designed to haul bulk liquid or gas commodities. |
|
Tank Container |
A tank,
surrounded by a framework with the overall dimensions of a container for the
transport of liquids or gasses in bulk. |
|
Tanker |
A tanker is a bulk
carrier designed to transport liquid cargo, most often petroleum products.
Oil tankers vary in size from small coastal vessels of 1,500 tons
deadweight, through medium-sized ship of 60,000 tons, to the giant VLCCs
(very large crude carriers). |
|
Tapering Rate |
A rate
that increases with distance but not in direct proportion to the distance
the commodity is shipped. |
|
Tare Weight |
In railcar or container shipments, the weight of the empty
railcar or empty container. |
|
Tariff (Trf.) |
A publication setting forth the charges, rates and rules of
transportation companies. |
|
Tariff Act of 1930 |
Title VII of the Tariff Act of 1930, as
amended, provides for the imposition of antidumping duties on imported
merchandise found to have been sold in the United States at "less than fair
value," if these sales have caused or are likely to cause material injury
to, or materially retard the establishment of, an industry in the United
States |
|
Tariff Anomaly |
A tariff anomaly exists when the tariff on raw
materials or semi-manufactured goods is higher than the tariff on the
finished product. |
|
Tariff Escalation |
A situation in which tariffs on manufactured
goods are relatively high, tariffs on semi-processed goods are moderate, and
tariffs on raw materials are nonexistent or very low. |
|
Tariff Quotas |
Application of a higher tariff rate to imported
goods after a specified quantity of the item has entered the country at a
lower prevailing rate. |
|
Tariff Schedule |
A comprehensive list of the goods which a
country may import and the import duties applicable to each product. |
|
Tariff Schedules of the US Annotated |
Effective 1979 to January 1989, the US import
statistics were initially collected and compiled in terms of the commodity
classifications in the Tariff Schedules of the United States Annotated (TSUSA),
an official publication of the US International Trade Commission embracing
the legal text of the Tariff Schedules of the United States (TSUS) together
with statistical annotations. This publication was superseded by the
Harmonized Tariff Schedule of the United States Annotated for Statistical
Reporting Purposes (HTSUSA) in January 1989. |
|
Tariff Service |
The type
of service required, such as House to House, Pier to Pier, Pier to House,
etc. |
|
Tarpaulin |
Waterproof
material, e.g. canvas, to spread over cargo to protect it from getting wet. |
|
TBN |
To Be Named |
| TC |
Time Charter |
|
TCOY |
Take Care Of Yourself |
| TCP |
Time Charter Party |
|
TD or t/d |
Time Definite - normally a guaranteed delivery time with assumed liabilities
if delivery is not made by a "guaranteed" time.
NOTE: Normal cargo insurance rarely covers "guaranteed" deliver by a set
time without explicit approval of Underwriters. |
|
Telex |
Used for sending messages to outside companies. Messages are
transmitted via Western Union, ITT and RCA. Being replaced by fax and internet. |
|
Temporary Importation under Bond |
When an importer makes entry of articles
brought into the United States temporarily and claimed to be exempt from
duty under Chaper 98, Subchapter XIII, Harmonized Tariff Schedule of the
United States, a bond is posted with Customs which guarantees that these
items will be exported within a specified time frame (usually within one
year from the date of importation). Failure to export these items makes the
importer liable for the payment of liquidated damages for breach of the bond
conditions. (See 19 CFR 10.31.). The Temporary Importation under Bond (TIB)
is usually twice the amount of duties and other payments the importer would
otherwise be required to pay. Merchandise imported under TIB is usually for
sales demonstration, testing, or repair. |
|
Temperature Recorder |
A device to record temperature in a container while cargo is
en route. |
|
Tender |
The offer of goods for transportation or the offer to place
cars or containers for loading or unloading. |
|
Tenor |
Time and date for payment of a draft.
Time at which a draft
indicates it is payable, e.g., "at sight," "60 days after the bill of
lading date," or "on May 31, 2001." |
|
Terminal |
An assigned area in which containers are prepared for loading
into a vessel, train, truck, or airplane or are stacked immediately after
discharge from the vessel, train, truck, or airplane. |
|
Terminal Charge |
A charge made for a service performed in a carrier's terminal
area. |
|
Terminal Delivery Allowance |
A reduced
rate that a carrier offers in return for the shipper or consignee tendering
or picking up the freight at the carrier's terminal. |
|
Terminal Interchange Receipt |
Interchange receipt between trucker and carrier; document showing condition
of container/equipment at the time of interchange. |
|
Terminal Operator |
The
enterprise responsible for the operation of facilities for one or more modes
of transportation. |
|
Terminal Pass |
A document
provided to the delivering carrier by the terminal operator to allow
admission into the operator's facility. |
|
Terminal Receipt |
A document
used to accept materials or equipment at a terminal. This provides the
delivering carrier with proof of delivery and the terminal with a
verification of receipt. |
|
Terminal Receiving Charge (TRC) |
Charge
assessed by the terminal for cargo being delivered for export. |
|
Terms of Delivery |
- All the
conditions agreed upon between trading partners regarding the delivery of
goods and the related services.
- Note: Under normal circumstances the INCO terms are used to prevent any
misunderstandings ( see www.incoterms.org
) |
|
Terms of Freight |
- All the
conditions agreed upon between a carrier and a merchant about the type of
freight and charges due to the carrier and whether these are prepaid or are
to be collected.
- Note: The so-called Combi terms based on the INCO terms do make a
distinction what of the freight and related costs is to be paid by the
seller and what by the buyer. In the UN recommendation 23 a coding system is
recommended to recognize the various items |
| Terms or Methods of Payment |
If the insured is not paid for any reason, he/she must dispose of the goods and,
therefore, still has an insurable interest. Following are the more common Terms
or Methods of Payment:
(a) Collection by Draft
The seller bears the risk until he/she is paid. If for some reason, the buyer
does not accept the shipment, the seller has the problem of disposing of the
goods. By arranging the insurance, the seller can minimize the risk of loss.
(b) Open Account
When sales are made on an open account, the seller has financial risk similar
to collecting by draft. Here again, the seller should attempt to arrange the
insurance.
(c) Letter of Credit
In this procedure, the buyer establishes credit in U.S. money through his or
her bank in favor of the seller. If the seller collects by this means, the
letter of credit often stipulates that he/she arrange the insurance.
|
|
Terms of Sale |
The point at which sellers have fulfilled their obligations so
the goods in a legal sense could be said to have been delivered to the buyer.
They are shorthand expressions that set out the rights and obligations of each
party when it comes to transporting the goods. Following, are the thirteen terms
of sale in international trade as Terms of Sale reflected in the recent
amendment to the International chamber of Commerce Terms of Trade (INCOTERMS),
effective July 1990: exw, fca, fas, fob, cfr, cif, cpt, cip, daf, des, deq, ddu
and ddp.
- EXW (Ex Works) (...Named Place): A Term of Sale which
means that the seller fulfills the obligation to deliver when he or she has
made the goods available at his/her premises (i.e., works, factory, warehouse,
etc.) to the buyer. In particular, the seller is not responsible for loading
the goods in the vehicle provided by the buyer or for clearing the goods for
export, unless otherwise agreed. The buyer bears all costs and risks involved
in taking the goods from the seller's premises to the desired destination.
This term thus represents the minimum obligation for the seller.
- FCA (Free Carrier) (... Named Place): A Term of Sale which
means the seller fulfills their obligation when he or she has handed over the
goods, cleared for export, into the charge of the carrier named by the buyer
at the named place or point. If no precise point is indicated by the buyer,
the seller may choose, within the place or range stipulated, where the carrier
should take the goods into their charge.
- FAS (Free Alongside Ship) (...Named Port of Shipment): A
Term of Sale which means the seller fulfills his obligation to deliver when
the goods have been placed alongside the vessel on the quay or in lighters at
the named port of shipment.This means that the buyer has to bear all costs and
risks of loss of or damage to the goods from that moment.
- FOB (Free On Board) (...Named Port of Shipment): An
International Term of Sale that means the seller fulfills his or her
obligation to deliver when the goods have passed over the ship's rail at the
named port of shipment. This means that the buyer has to bear all costs and
risks to loss of or damage to the goods from that point. The FOB term requires
the seller to clear the goods for export.
- CFR (Cost and Freight) (...Named Port of Destination): A
Term of Sale where the seller pays the costs and freight necessary to bring
the goods to the named port of destination, Terms of Sale but the risk of loss
of or damage to the goods, as (continued) well as any additional costs due to
events occurring after the time the goods have been delivered on board the
vessel, is transferred from the seller to the buyer when the goods pass the
ship's rail in the port of shipment. The CFR term requires the seller to clear
the goods for export.
- CIF (Cost, Insurance and Freight) (...Named Place of
Destination): A Term of Sale where the seller has the same obligations as
under the CFR but also has to procure marine insurance against the buyer's
risk of loss or damage to the goods during the carriage. The seller contracts
for insurance and pays the insurance premium. The CIF term requires the seller
to clear the goods for export.
- CPT (Carriage Paid To) (...Named Place of Destination): A
Term of Sale which means the seller pays the freight for the carriage of the
goods to the named destination. The risk of loss of or damage to the goods, as
well as any additional costs due to events occurring after the time the goods
have been delivered to the carrier, is transferred from the seller to the
buyer when the goods have been delivered into the custody of the carrier. If
subsequent carriers are used for the carriage to the agreed upon destination,
the risk passes when the goods have been delivered to the first carrier. The CPT term requires the seller to clear the goods for export.
- CIP (Carriage and Insurance Paid To) (...Named Place of
Destination): A Term of Sale which means the seller has the same obligations
as under CPT, but with the addition that the seller has to procure cargo
insurance against the buyer's risk of loss of or damage to the goods during
the carriage. The seller contracts for insurance and pays the insurance
premium. The buyer should note that under the CIP term the seller is required
to obtain insurance only on minimum coverage. The CIP term requires the seller
to clear the goods for export.
- DAF (Delivered At Frontier) (...Named Place): A Term of
Sale which means the sellers fulfill their obligation to deliver when the
goods have been made available, cleared for export, at the named point and
placed at the frontier, but before the customs Terms of Sale border of the
adjoining country. (continued)
- DDU (Delivered Duty Unpaid) (...Named Port of
Destination): A Term of Sale where the seller fulfills his obligation to
deliver when the goods have been made available at the named place in the
country of importation. The seller has to bear the costs and risks involved in
bringing the goods thereto (excluding duties, taxes and other official charges
payable upon importation) as well as the costs and risks of carrying out
customs formalities. The buyer has to pay any additional costs and to bear any
risks caused by failure to clear the goods for in time.
- DDP (Delivered Duty paid) (...Named Port of Destination):
"Delivered Duty Paid" means that the seller fulfills his obligation to deliver
when the goods have been made available at the named place in the country of
importation. The seller has to bear the risks and costs, including duties,
taxes and other charges of delivering the goods thereto, clear for
importation. While the EXW term represents the minimum obligation for the
seller, DDP represents the maximum.
- DES (Delivered Ex Ship) (...Named Port of Destination): A
Term of Sale where the seller fulfills his/her obligation to deliver when the
goods have been made available to the buyer on board the ship, uncleared for
import at the named port of destination. The seller has to bear all the costs
and risks involved in bringing the goods to the named port destination.
- DEQ (Delivered Ex Quay, [Duty Paid]) (...Named Port of
Destination): A Term of Sale which means the DDU term has been fulfilled when
the goods have been available to the buyer on the quay (wharf) at the named
port of destination, cleared for importation. The seller has to bear all risks
and costs including duties, taxes and other charges of delivering the goods
thereto.
ADDITION INCOTERMS INFORMATION:
http://www.incoterms.org
|
|
Terrorism Reinsurance
Act of 2001 (TRIA) |
Requires that Terrorism
insurance be quoted for land transits as well as ocean portions of shipments |
|
TEU |
Abbreviation for "Twenty foot Equivalent Unit." |
|
TGIF |
Thank God It's Friday |
|
THC |
Terminal Handling Charge |
|
Theft & Pilferage (TP) (T&P) |
Associated with loss to cargo from
Theft of all or a portion of the shipment |
|
Thermal Container |
A
container built with insulating walls, doors, floor and roof by which heat
exchange with the environment is minimized thus limiting temperature
variations of the cargo. |
|
Third Party Logistics (3PL) |
Supply of
logistics related operations between traders by an independent organization.
|
|
Through Charge |
The total
rate from point of departure to point of destination. It may be a joint rate
or a combination of rates (aircargo). -- Synonym: Through Rate. |
|
Through Bill of Lading |
Also Known As a "Through Bill" or "Thru Bill" -
A single bill of lading covering receipt of the cargo at the point of origin
for delivery to the ultimate consignee, using two or more modes of
transportation. |
|
Through Charge |
See "Through Rate" |
|
Through Rate |
The total rate from the point of origin to final destination. |
|
Through Route |
The total
route from point of departure to point of destination (aircargo). |
|
Throughput Charge |
The charge for moving a container through a container yard off
or onto a ship. |
| Thwartships |
At right angles to centerline of
ship/vessel |
|
THX |
Thanks |
|
TIA |
Thanks In Advance |
|
TIB |
See "Temporary Importation under Bond" |
|
Tier |
A
horizontal division of a vessel from bottom to top. The numbers run from
bottom to deck and from deck upwards and are used as a part of the
indication of a stowage place for containers. |
|
TILII |
Tell It Like It Is |
|
Tilt Transport |
Road
transport whereby the cargo area is protected against the elements by means
of a tilt made of canvas or other pliable material. |
| Time Bar |
Time after which legal claims will not be
entered/accepted. |
|
Time Charter |
A contract for leasing between the ship owners and the lessee.
It would state, e.g., the duration of the lease in years or voyages. |
Time Definite
(TD or t/d) |
Time Definite - normally a guaranteed delivery time with assumed liabilities
if delivery is not made by a "guaranteed" time.
NOTE: Normal cargo insurance rarely covers "guaranteed" deliver by a set
time without explicit approval of Underwriters. |
|
Time Draft |
A draft that matures either a certain number of days after
acceptance or a certain number of days after the date of the draft. |
|
Time/Service Rate |
A rail
rate that is based upon transit time. |
|
Time Sheet |
Statement,
drawn-up by the ship's agent at the loading and discharging ports, which
details the time worked in loading and discharging the cargo together with
the amount of laytime used. |
|
TIR |
- "Transport International par la Route." Road transport
operating agreement among European governments and the United States for the
international movement of cargo by road. Display of the TIR carnet allows sealed
containerloads to cross national frontiers without inspection.
- "Terminal Interchange Receipt" -
Interchange receipt between trucker and carrier; document showing condition
of container/equipment at the time of interchange. |
|
TL |
Abbreviation for "Trailer Load." or for "Total"
or for "Truck Load" |
|
TLK2UL8R |
Talk To You Later |
|
TMI |
Too Much Information |
|
TNT |
'Till Next Time |
|
TOFC |
Abbreviation for "Trailer on Flat Car." The movement of a
highway trailer on a railroad flatcar. Also known as Piggyback. |
|
Ton (Tonne) |
- Unit of
weight measurement: 1000 kilograms (metric ton) or 2,240 lbs (long ton) or
2000 lbs (short ton).
- Unit of cubic measurement, mainly used to express the cubic capacity of a
vessel.
- Unit of weight or measurement used as a basis for the calculation of
freights (freight ton). |
|
Ton-Mile |
- A unit used in comparing freight earnings or expenses. The
amount earned from the cost of hauling a ton of freight one mile.
- The movement of a ton of freight one mile.
|
|
Tonnage |
100 cubic feet. |
|
Tonnage |
Generally refers to freight handled. |
|
Top-Air Delivery |
A type of air circulation in a container. In top air units,
air is drawn from the bottom of the container, filtered through the evaporator
for cooling and then forced through the ducted passages along the top of the
container. This type of airflow requires a special loading pattern. |
|
To Pay As Total Loss (Ins) |
Used in an
ancillary insurances relating to the cargo (e.g. increased value) when the
Assured is not required to show evidence of loss or interest and can claim
on the policy if he can show that a corresponding loss has been settled on
the main cargo policy. |
|
TOPCA |
'Till Our Paths Cross Again |
| Topside(s) |
The sides of a ship
between the waterline and the deck; sometimes referring to onto or above the
deck |
|
TOSCA |
Toxic Substance Control Act, An extra release
that is needed for chemicals, hazardous material, etc. Not a charge by
customs, but brokers may charge extra to get the release. |
|
Total Cost Analysis |
A
decision-making approach that considers total system cost minimization and
recognizes the interrelationship among system variables such as
transportation, warehousing, inventory, and customer service. |
|
Total Quality Management (TQM) |
A
management approach championed by Demming in which managers constantly
communicate with organizational stakeholders to emphasize the importance of
continuous quality improvement. |
|
Total Loss (Ins) |
This can be
actual total loss or constructive total loss, where the cost of damage
repair exceeds the value of the property insured. |
|
Tow |
When one or more vessels
are being towed; when a tug is towing one or more floating objects; to pull
an object in the water by means of a rope. |
|
Towage |
The charge made for towing a vessel. |
|
TP |
Theft & Pilferage |
|
TPND |
Theft, Pilferage & Non-Delivery |
|
TPTB |
The Powers That Be |
|
TQM |
See "Total Quality Management" |
|
Tracing |
Determining a shipment's location during the course of a move. |
|
Track & Trace |
Usually a computer-based monitoring system that tracks the movement of goods
in real time along the supply chain. |
|
Tracking |
The
function of maintaining status information, including current location, of
cargo, cargo items, consignments or containers either full or empty. |
|
Traction |
The power
to grip or hold to a surface while moving without slipping. |
|
Tractor |
Unit of highway motive power used to pull one or more
trailers/containers. |
|
Trade |
A term
used to define a geographic area or specific route served by carriers. |
|
Trade Acceptance |
A time or a date draft that has been accepted by the buyer
(the drawee) for payment at maturity. |
|
Trade Lane |
The
combination of the origin and destination points. |
| Trade Loss |
A loss, usually small in amount, specific to certain kinds of cargo and which,
because it is expected, is uninsurable. For example, seepage or evaporation of
liquid from wooden casks. |
|
Traffic |
- Persons and property carried
by transport lines,
-
The number of passengers, quantity of cargo etc. carried over a certain
route. |
|
Traffic Management |
The buying
and controlling of transportation services for a shipper or consignee, or
both. |
|
Trailer |
The truck unit into which freight is loaded as in tractor
trailer combination. See Container. |
|
Trailer On Flat-Car (TOFC) |
Carriage
of intermodal containers when the container is still attached to the
chassis, and both chassis and container are loaded on a rail flat car. |
|
Tramp Line |
An ocean carrier company operating vessels not on regular runs
or schedules. They call at any port where cargo may be available. |
|
Tramp Vessel |
A vessel
not operating under a regular schedule. |
|
Trans-Siberian Landbridge (TSR) |
Overland
route from Europe to the Far East via the Trans Siberian Railway (TSR). |
|
Transfer Cargo |
Cargo
arriving at a point by one flight and continuing there-from by another
flight (aircargo). |
|
Transfer Risk |
Risk incurred by the
seller of goods that, due to the fact that his country has a negative
balance of payments, no foreign exchange (US dollars or other "hard"
currency) may be available to the buyer when he is ready to pay for the
goods. |
|
Transferable Letter of Credit |
Type of letter of credit
that names a middleman as beneficiary and allows him to give another party,
the actual supplier, certain rights to present documents and receive payment
under the letter of credit. Transfer must be effected by a bank authorized
to do so by the issuing bank and involves notifying the transferee (called
the "second beneficiary") of what documents he must present. The documents
must be the same as those required in the letter of credit itself but the
price of the goods may be reduced and the middleman’s name may be required
to be listed in the transferee’s invoices as the buyer, thereby allowing the
middleman to substitute invoices at a higher price and receive the
difference without disclosing the name of the actual end-buyer. The
transferring bank is not obligated to pay documents presented under the
transfer¾ such obligation remains with the issuing bank. |
|
Transferring Carrier |
A
participating carrier who delivers the consignment to another carrier at a
transfer point (aircargo). |
|
Transit Cargo |
- Cargo
between outwards customs clearance and inwards customs clearance.
- Cargo arriving at a point and departing there-from by the same through
flight (aircargo). |
|
Transit Clause (Ins) |
A clause in
the Institute Cargo Clauses, specifying the attachment and termination of
cover. |
|
Transit Privilege |
A carrier
service that permits the shipper to stop the shipment in transit to perform
a function that changes the commodity's physical characteristics, but to
still pay the through rate. |
|
Transit Shipment |
A shipment
passing between one port and another, or between a port and a final
destination. |
|
Transit Time |
The total
time that elapses between a shipment's delivery and its pickup. |
|
Transit Zones |
Transit zones, a form of free trade zone, are
ports of entry in coastal countries that are established as storage and
distribution centers for the convenience of a neighboring country lacking
adequate port facilities or access to the sea. A transit zone is
administered so that goods in transit to and from the neighboring country
are not subject to the customs duties, import controls or many of the entry
and exit formalities of the host country. Transit zones are more limited
facilities then a foreign trade zone or a free port. |
|
Transmittal Letter |
Contains a
list of the particulars of the shipment, a record of the documents being
transmitted, and instructions for disposition of these documents. Any
special instructions are also included. |
|
Transponder |
A device
(chip) used for identification, which automatically transmits certain coded
data when actuated by a special signal from an interrogator. |
|
Transport |
To move cargo from one place to another. |
|
Transport Documents |
See "Shipping Documents" |
|
Transport International by Road (TIR) |
A set of
rules following a customs convention to facilitate the international,
European transport of goods by road with minimal interference under cover of
TIR-carnets. |
|
Transportation & Exit (T&E) |
Allows foreign merchandise arriving at one port to be
transported in bond through the U.S. to be exported from another port, without
paying duty. |
|
Transportation Method |
A linear
programming technique that determines the least-cost means of shipping goods
from plants to warehouses or from warehouses to customers. |
|
Transportation Requirements Planning (TRP) |
Utilizing
computer technology and information already available in MRP and DRP
databases to plan transportation needs based on field demand. |
|
Transport Services |
Services
offered by the transport provider. |
|
Transship |
To transfer goods from one
transportation line to another, or from one ship to another. |
|
Transshipment |
Transshipment refers to the act of sending an
exported product through an intermediate country before routing it to the
country intended to be its final destination.
- A
shipment under one Bill of Lading, whereby sea (ocean) transport is 'broken'
into two or more parts. The port where the sea (ocean) transport is 'broken'
is the transhipment port.
- Transfer of cargo from one means of transport to another for oncarriage
during the course of one transport operation.
- Customs: Customs procedure under which goods are transferred under customs
control from the importing means of transport to the exporting means of
transport within the area of one customs office which is the office of both
importation and exportation. |
|
Transshipment Port |
Place where cargo is
transferred to another carrier. |
|
Transmittal Letter |
A list of the particulars of the shipment and a
record of the documents being transmitted together with instructions for
disposition of documents. Any special instructions are also included. |
|
TRC |
Terminal
Receiving Charge - Charge assessed by the terminal for cargo being delivered
for export. |
|
TRF or Trf |
See "Tariff" |
|
TRIA |
See "Terrorism
Reinsurance Act" |
| Trim |
Fore and Aft balance of ship |
|
Trip |
See "Voyage" |
|
Trip Cover |
Insurance term denoting coverage for one "Trip" or "Voyage" |
|
Trip Lease |
Leasing a
company's vehicle to another transportation provider for a single trip |
|
Trip Recorder |
Cab-mounted device which electronically or mechanically records data such as
truck speed, engine rpm, idle time and other information useful to trucking
management. |
|
TRP |
See "Transportation Requirements Planning" |
|
Truck |
Class of
automotive vehicles of various sizes and designs for transporting goods |
|
Truck Load (TL) |
The
quantity of freight required to fill a trailer; usually more than 10,000
pounds. |
|
Truckmen's Liability Form (Ins) |
See "Motor Truck Cargo" |
|
Trunk |
Main line - Primary Line of transport |
|
Trunking |
Movement
of containers between terminal and carrier's inland facilities. |
|
Trunk Lines |
Oil
pipelines used for the long-distance movements of crude oil, refined oil, or
other liquid products. |
|
Trust Receipt |
Release of merchandise by a bank to a buyer while the bank
retains title to the merchandise. The goods are usually obtained for
manufacturing or sales purposes. The buyer is obligated to maintain the goods
(or the proceeds from their sales) distinct from the remainder of the assets and
to hold them ready for repossession by the bank. |
|
TSA |
Transportation Security
Administration |
|
TSR |
See "Trans-Siberian Landbridge" |
|
TSUSA |
See "Tariff Schedules of the United
States" |
|
TTFN |
Ta-Ta For Now |
| TTL |
Total |
|
TU |
Thank You |
|
Tug |
A small vessel designed
to tow or push large ships or barges. Tugs have powerful diesel engines and
are essential to docks and ports to maneuver large ships into their berths.
Pusher tugs are also used to push enormous trains of barges on the rivers
and inland waterways of the U.S. Oceangoing salvage tugs provide assistance
to ships in distress and engage in such work as towing drilling rigs and oil
production platforms. |
|
Tugmaster |
Brand name
of tractor unit used in ports to pull trailers. They are equipped with a
fifth wheel or a gooseneck type of coupling. |
|
Turnaround |
In water transportation, the time it takes between the arrival
of a vessel and its departure. |
| TW |
Tween Decker |
|
Tween Deck |
Cargo
carrying surface below the main deck dividing a hold horizontally in an
upper and a lower compartment. |
|
Twenty foot Equivalent Unit (TEU) |
TEU is a measure of a ship's cargo-carrying
capacity. One TEU measures twenty feet by eight feet by eight feet -- the
dimensions of a standard twenty-foot container. |
|
Twist Locks |
A set of four twistable bayonet type shear keys used as part
of a spreader to pick up a container or as part of a chassis to secure the
containers. |
|
Two-Way Pallet |
A pallet so designed that the forks of a fork lift truck can
be inserted from two sides only. |
|
TY |
Thank You |
|
Type of Cargo |
An
indication of the sort of cargo to be transported, (e.g. Break Bulk,
Containerized, RoRo). |
|
Type of Equipment |
The type
of material used, e.g. 40 feet container, four way pallet or mafi trailer. |
|
Type of Load Indicator |
A general
reference or a classification of loads of cargo like 'FCL', 'LCL',
'unpacked' and even ship's convenience container, though this is rarely used
nowadays. |
|
Type of Means of Transport |
The type
of vehicle used in the transport process, e.g. wide-body aircraft, tank
truck or passenger vessel. |
|
Type of Movement |
Description of the service for movement of containers.
Note: The following type of movement can be indicated on B/L and Manifest
all combinations of FCL and LCL and break bulk and RoRo. Whilst only on the
manifest combinations of House, Yard and CFS can be mentioned. |
|
Type of Packing |
Description of the packaging material used to wrap, contain and protect
goods to be transported. |
|
Type of Transport |
- The
indication whether the carrier or the merchant effects and bears the
responsibility for inland transport of cargo in containers i.e. a
differentiation between the logistical and legal responsibility.
- Note: Values are Carrier haulage and Merchant haulage, whilst in this
context special cases are carrier-nominated merchant haulage, and merchant
nominated carrier haulage. |
|
Type of Vessel |
The sort
of vessel used in the transport process e.g. Container, RoRo, or Multi
Purpose. |
| |
|
| |
|
DISCLAIMER: These terms and definitions have been gathered
from many sources public and private. This list is designed to serve as a
reference. No warranty for the accuracy is stated nor implied. |
|
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These terms, abbreviations
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Last Updated:
Monday, 08 June 2009 13:34:11 -0500 |
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