(1) A stock of merchandise advanced to a dealer and located at his place of business, but with title remaining in the source of supply.(2) A shipment of goods to a consignee.
A person or firm performing a consolidation service for others. The consolidator takes advantage of lower full carload (FCL) rates, and savings are passed on to shippers.
A program whereby the U.S. government attempted to offset the higher shipbuilding cost in the U.S. by paying up to 50% of the difference between cost of U.S. and nonU.S. construction. The difference went to the U.S. shipyard. It is unfunded since 1982.
A document, certified by a consular official, is required by some countries to describe a shipment. Used by Customs of the foreign country, to verify the value, quantity and nature of the cargo.
An agreement between parties that allows the efficient use and supply of containers. A common supply of containers available to the shipper as required.
An area designated for the stowage of cargoes in container; usually accessible by truck, railroad and marine transportation. Here containers are picked up, dropped off, maintained and housed.
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