Container on Flatcar
A container without wheels put on railcars for transport inland,
Container Part Load
A shipment of cargo that according to weight or volume will not fill a standard container on its own but is expected to be shipped in a container, if necessary with other shipments which are also too small to take up a full container themselves. Also referred to as “LCL”.
Country of Departure
The country from which a shipment of goods, a carrier, or a passenger has or is scheduled to depart.
Country of Destination
The country that is the ultimate destination for a shipment of goods. For a carrier, it is the country in which it intends to complete its current voyage or flight.
Country of Exportation
The country from which goods are shipped with intention to separate them from the mass of goods in that country.
Country of Origin
The country in which goods were produced, mined, grown or manufactured.
Date Draft
A draft which matures a specified number of days after the date it is issued.
Date of Issue
The arbitrary date on a contract or on a financial instrument fixed as the date from which the term runs. (Neither the actual date on the instrument, nor the date the instrument was actually signed, nor the date the instrument was executed, nor the date the instrument was delivered, are considered to be the "Date of issue" or the "issuance date".)
Declared Value for Customs
The value of a shipment according to the customs laws of the destination country required to be declared by the shipper on the shipping documents or by the importer when he presents the goods for customs clearance.
Direct Import
The process whereby an individual, or a company buys a product that is made in a foreign country. In stead of making the purchase and taking delivery in the U.S. the customer agrees to take title to the product in the foreign country where it is made, at a lower price than would have been paid had the purchase occurred in the U.S. The buyer is then responsible for arranging the shipment of the product to the U.S., any duty associated with the product and clearing the product through U.S. Customs upon arrival in the U.S.
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