shiplilly.com

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Definitions (65)

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Chassis


A chassis is simply a frame with wheels and container locking devices used to pickup and transport containers. Read
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Cubic Feet


This term essentially serves the same function as a cubic meter, the primary difference is that in a cubic foot, the “cube” is characterized by foot-long edges as opposed to meter-long ones.
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ACCESSORIAL CHARGES


These charges are for services outside of the normal pickup and delivery of goods. A few examples of additional charges you might find on your bill include wait time, bunkers, storage, and packing.
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ANTI-DUMPING DUTY


Anti-dumping is an additional duty applied to foreign goods that are imported and priced below fair market value.
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bill of lading


This is a document that a carrier issues to whoever is shipping the goods. It simultaneously serves as a receipt, a contract, and a title of ownership. Read the
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Blind Shipment


During a blind shipment, one or more of the parties involved are unaware of the others identity.
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Bonded warehouse


These warehouses are controlled by customs and allow imported goods to be stored until any duties owed are paid. Read this guide on
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Break bulk


Break bulk goods are typically too large to fit inside of a container and are instead loaded onto a vessel individually. A few examples of items that fit this description include construction  equipme [..]
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Bunker Adjustment Factor


This term refers to the portion of sea freight charges that are adjustable based on the fluctuating cost of oil. Previously, Carrier Conferences determined BAF charges for certain periods of time and [..]
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cartage


Cartage refers to the movement of goods within a small geographic area. These services are commonly used to move or combine goods from multiple warehouses.
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