Shipping

Shipping

Relating to the mass transport of goods on massive cargo ships.

Industry: Transportation

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Shipping

Carrier

Transportation; Shipping

A transporter of goods. May refer to individuals or companies.

A form requiring all data in a commercial invoice along with a certificate of value and/or a certificate of origin. Required in a few countries (usually former British territories) and usually serves ...

Operating ratio

Transportation; Shipping

A comparison of a carrier’s operating expense with its net sales. The most general measure of operating efficiency.

Free on board (FOB)

Transportation; Shipping

Shipped under a rate that includes costs of delivery to and the loading onto a carrier at a specified point.

Ship chandler

Transportation; Shipping

An individual or company selling equipment and supplies for ships.

Customs of the port (COP)

Transportation; Shipping

A phrase often included in charter parties and freight contracts referring to local rules and practises which may impact upon the costs borne bythe various parties.