06 Sep

Abandon

A proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo.

06 Sep

Absorption

One carrier assumes the charges of another without any increase in charges to the shipper.

06 Sep

Acquiescence

When a bill of lading is accepted or signed by a shipper or shipper’s agent without protest, the shipper is said to acquiesce to the terms, giving a silent...

06 Sep

ACS (A.C.S.)

U.S. Customs’ master computer system, “Automated Commercial Systems.”

06 Sep

Act of God

An act beyond human control, such as lightning, flood or earthquake.

06 Sep

Ad Valorem

In proportion to the value

06 Sep

Advance

To move cargo up line to a vessel leaving sooner than the one booked. (See Roll)

06 Sep

Agency Tariff

A tariff published by an agent on behalf of several carriers.

06 Sep

Agent (Agt.)

A person authorized to transact business for and in the name of another person or company. Types of agent are: Brokers Commission merchants Resident buyers Sales agents Manufacturer’s representatives

06 Sep

Aggregate Shipment

Numerous shipments from different shippers to one consignee that are consolidated and treated as a single consignment.

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