Articles under Shipping Terms

Shipping term HMRC (Her Majesty Revenue and Customs)- Explain

Meaning of Shipping term HMRC   Her Majesty's Revenue and Customs or HM Revenue and Customs is a non-ministerial department of the UK Government in charge of the accumulation of duties in the UK, upheld by 2 agencies and public bodies. Her Majesty's Revenue and Customs are the UK's tax, payments and customs authority, and HMRC have an indispensable reason, gather the cash that pays for the UK's open administrations and help families and people with focused monetary help. HMRC div

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Explain shipping term WCA (World Cargo Alliance)

Meaning of World Cargo Alliance (WCA) in shipping term   World Cargo Alliance is the world’s largest and most powerful network of independent freight forwarders and covers more than 5000 member offices 190 countries around the world. Founded in 1998 by President David Yokeum as the world’s first worldwide non-exclusive network. WCA is neutrally managed and operated to truly benefit every member company. The combined logistics might of the WCA membership exceeds

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Explain Shipping Term Verified Gross Mass or VGM

What do you mean by Shipping Term Verified Gross Mass or VGM The ocean shipping industry has implemented a new requirement that shippers of each vessel-bound consignment provide a Verified Gross Mass or VGM prior to shipment. Verified gross mass (VGM) is the total weight of a shipping container. For Less than Container Load (LCL) shippers, VGM must include the weight of the cargo, including the mass of pallets, dunnage, and other securing materials such as wires and cables. For Full Contain

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Explain Authorised Economic Operator(AEO)

What is  Authorised Economic Operator(AEO)   Authorised Economic Operator (AEO) is a organisation associated with the global development of products that has been approved by or in the interest of a national Customs organization as agreeing to World Customs Organization or equal inventory network security standards. Organizations occupied with global exchange can apply for the status of Authorized Economic Operator (AEO). The AEO certificate offers numerous focal points in w

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Terms used in shipping such as Tare Weight,Tariff,Tariff Anomaly,Tariff Schedule ,Tariff Quota,Tariff Escalation

  Terms used in shipping such as Tare Weight,Tariff,Tariff Anomaly,Tariff Schedule ,Tariff Quota,Tariff Escalation etc.     This post explains about terms used in shipping such Tare Weight,Tariff,Tariff Anomaly,Tariff Schedule ,Tariff Quota,Tariff Escalation,Team drivers,Technical Barrier to Trade,Table of Denial Orders etc. These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export

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