20 Terms
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Shipping
Relating to the mass transport of goods on massive cargo ships.
Industry: Transportation
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Shipping
Non-vessel operating common carrier (NVOCC)
Transportation; Shipping
A cargo consolidator in ocean trades who will buy space from a carrier and sub–sell it to smaller shippers. The NVOCC issues bills of lading, publishes tariffs and otherwise conducts itself as an ...
Foreign sales corporation
Transportation; Shipping
Under U.S. tax law, a corporation created to obtain tax exemption on part of the earnings of U.S. products in foreign markets.Must be set–up as a foreign corporation with an office outside the USA.
Cost, insurance and freight (CIF)
Transportation; Shipping
Cost of goods, marine insurance and all transportation (freight) charges are paid to the foreign point of delivery by the seller.
Ambient temperature
Transportation; Shipping
The temperature of a surrounding body. The ambient temperature of a container is the atmospheric temperature to which it is exposed,
