• Value-Added Tax (VAT)

    A fee levied on all goods and services as goods and services go through the production chain, from the raw material to final consumption. The amount taxed is the amount of value a particular step in the production chain added to the value of the goods or service. Volume Rate…

  • Truck Load (TL)

    A shipment of freight that is loaded to a trailers maximum capacity either by bulk or maximum weight.

  • Tariff

    A general term for any listing of rates or charges for the movement of goods.

  • Storage

    Holding a shipment in a carrier’s warehouse, pending further transportation. Additional charges may be applicable.

  • Shipper

    The company or person who tenders goods to a carrier for transportation.

  • Shipment

    Except as otherwise provided, the transportation of goods from one location to another, by one shipper, on one bill of lading, from one delivery location, for one consignee to one delivery.

  • Port

    A harbor where ships may anchor and unload or receive cargo.

  • Pallet

    A portable platform for storing or transporting freight.

  • Packing List

    A document prepared by the shipper that lists the kinds and quantities of merchandise in a particular shipment. A copy is generally sent to the consignee to aid in checking the shipment when received.