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Definitions (20)
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AGENCY TARIFF
A tariff published by an agent on behalf of several carriers.
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Affreightment
The hiring or chartering of all or part of a vessel for the transport of goods.
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ALTERNATIVE TARIFF
A tariff with two or more rates for the same goods, to and from the same points, with the discretion to use the lowest of the charges.
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ALL CARGO AIRCRAFT
Any aircraft that is used for the sole purpose of transporting cargo.
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abandonment
The act of refusing delivery of a shipment so badly damaged in transit that it is worthless; OR damage to a vessel that is so severe that it is considered a constructive total loss.
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AGGREGATE SHIPMENT
Numerous shipments from different shippers to one consignee that are consolidated and treated as a single consignment.
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ACCESSORIAL CHARGES
Charges that are applied to the base tariff rate or base contract rate, e.g., bunkers, container, currency, destination/delivery.
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Accessorial services
Services performed by a shipping line or airline in addition to the normal transportation service.
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ADVANCE ARRANGEMENTS
The shipment of certain classes of commodities that require arrangements in advance with carriers.
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agent bank
A bank acting on behalf of a foreign bank.
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