Logistics Glossary

Logistics Glossary - FreightArea.com

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Dangerous Goods Articles or substances capable of posing a significant risk to health, safety, or property, and that ordinarily require special attention when transported. Detay
Documents Against Acceptance D/A. Instructions given by a shipper to a bank indicating that documents transferring title to goods should be delivered to the buyer only upon the buyer's acceptance of the attached draft. Detay
Documents Against Payment D/P. An indication on a draft that the documents attached are to be released to the drawee only on payment. Detay
Declared Value for Carriage The value of the goods, declared by the shipper on a bill of lading, for the purpose of determining a freight rate or the limit of the carrier's liability. Detay
Deconsolidator An enterprise that provides services to un-group shipments, orders, goods, etc., to facilitate distribution. Detay
Deferred Rebate The return of a portion of the freight charges by a carrier or a conference shipper in exchange for the shipper giving all or most of his shipments to the carrier or conference over a specified period of time (usually six months). Payment of the rate is d Detay
Delivery Instructions A document issued to a carrier to pick up goods at a location and deliver them to another location. Detay
Delivery Order A document issued by the customs broker to the ocean carrier as authority to release the cargo to the appropriate party. Detay
Demurrage The penalty for exceeding free time allowed for loading/unloading under the terms of the agreement with the carrier. Demurrage is the term used in the rail and ocean industry; detention is used in the motor industry. Detay
Density A physical characteristic measuring a commodity's mass per unit volume or pounds per cubic foot; an important factor in ratemaking, since density affects the utilization of a carrier's vehicle. Detay
Density rate A rate based upon the density and shipment weight. Detay
Detention The penalty for exceeding free time allowed for loading/unloading under the terms of the agreement with the carrier. Detention is the term used in the motor industry; demurrage is used in the rail and ocean industry. Detay
Devanning The unloading of cargo from a container or other piece of equipment. Detay
Embargo A prohibition upon exports or imports, either with specific products or specific countries. Detay
Entry Form The document that must be filed with Customs to obtain the release of imported goods and to allow collection of duties and statistics. Also called a Customs Entry Form or Entry. Detay
Equipment The rolling stock carriers use to facilitate the transportation services that they provide, including containers, trucks, chassis, vessels, and airplanes, among others. Detay
Exception Rate A deviation from the class rate; changes (exceptions) made to the classification. Detay
Exclusive Patronage Agreements A shipper agrees to use only a conference's member liner firms in return for a 10 to 15 percent rate reduction. Detay
Expediting Determining where an in-transit shipment is and attempting to speed up its delivery. Detay
Export Broker An enterprise that brings together buyer and seller for a fee, then eventually withdraws from the transaction. Detay