02 Sep

Transshipment Port

Place where cargo is transferred to another carrier.

02 Sep

Turnaround

In water transportation, the time it takes between the arrival of a vessel and its departure.

02 Sep

Twenty-feet equivelent unit (TEU)

It is also called twenty-feet conversion unit, which is a conversion unit for counting the numbers of containers. At present most of the container transportation uses containers of lengths...

02 Sep

Twist Locks

A set of four twist-able bayonet type shear keys used as part of a spreader to pick up a container or as part of a chassis to secure the...

02 Sep

UCP

Uniform Customs and Practice for Documentary Credits. Published by the International Chamber of Commerce, this is the most frequently used standard for making payments in international trade; e.g., paying...

02 Sep

UN/EDIFACT

United Nations EDI for Administration, Commerce and Transport. EDI Standards are developed and supported by the UN for electronic message (data) interchange on an international level.

02 Sep

Unclaimed Freight

Freight that has not been called for or picked up by the consignee or owner.

02 Sep

Uniform liability system

This is a kind of liability system such that the through transport manager assumes the duty. According to the system, the carrier who signs the through transport bill of...

02 Sep

Unloading

Removal of a shipment from a vessel.

02 Sep

Validation

Authentication of B/L and when B/L becomes effective.

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