Terms used in freight forwarding such as Special-Commodities Carrier,Stability,Stack Car,Steamship conference, Subject to Inspection etc.
This post explains about terms used in freight forwarding such as Special-Commodities Carrier,Stability,Stack Car,Steamship conference, Subject to Inspection,Said to Contain, Stowage Factor,Stripping,Stowage Plan,Stowage Order etc.These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.
Terms used in freight forwarding
SPECIAL INSTRUCTIONS: Directions for handling a shipment and/or delivery directions for a shipment.
SPECIAL NATURE CODES IATA /CNS codes to describe the nature of various goods e.g. EAT = Foodstuffs, PER = Perishabl
SPECIAL POLICY OF INSURANCE:Document issued on behalf of the Underwriter stating the terms and conditions of the marine insurance. Issued when evidence of insurance is required, as by the bank issuing the Letter of Credit.
Special Rate:A rate other than a normal rate.
Special-Commodities Carrier: A common carrier trucking company that has authority to haul a special commodity; there are 16 special commodities, such as household goods, petroleum products, and hazardous materials.
Special-Commodity Warehouses: A warehouse that is used to store products that require unique types of facilities, such as grain (elevator), liquid (tank) and tobacco (barn).
Specific Commodity Rate (SCR) A rate applicable to the carriage of a specific commodity between specific places.
Spot: To move a trailer or boxcar into place for loading or unloading.
Spotting - Placing a container where required to be loaded or unloaded.
SRCC -strikes, riots and civil commotions
SSC – Security Surcharge
ST:Short Ton (2,000 pounds).
ST:Short Ton (2,000 pounds).
Stability:The capacity of a vessel to return to its original position after having been displaced by external forces. The stability of a vessel depends on the meta-centric height.
Stack Car: An intermodal flat car designed to place one container on top of another for better utilization and economics. Also referred to as a well car because the cars are lowered in the center to allow clearance when moving under low-lying structures.
Stack:An identifiable amount of containers stowed in a orderly way in one specified place on an (ocean) terminal, container freight station, container yard or depot.
Standard Carrier Alpha Code (SCAC or SCAC Code): A unique 2 to 4-letter code assigned to transportation companies for identification purposes. SCAC codes are required for EDI, and are printed on bills of lading and other transportation documents.
STANDARD INTERNATIONAL TRADE CLASSIFICATION (SITC):A standard numerical code system developed by the United Nations to classify commodities used in international trade.
Starboard :Right side of a ship when facing the front or forward end.
STATEMENT - Payment that allows an importer or broker to pay Customs duties for multiple files and multiple clients with one check or electronic transfer of funds. See also ACH.
STC- Said to Contain. Used to describe quantity of cargo that is not verified by using the intact nature of larger packaging. Ie: 1 skid STC 50 ctns. Documents states there are 50 ctns, but the count can not verified, and the shrink wrapped skid is in good order. May also be used to describe the number of pieces in an ocean container.
STC:Said to Contain.
STD: Scheduled Time of Departure
Steamship conference:A voluntary collective ratemaking body representing member steamship lines.
Steamship line:A company that owns and/or operates vessels in maritime trade.
Stern: The aftermost part of the ship.
Stevedore - Terminal operator who facilitates the operation of loading and discharging vessels and other terminal activities.
STEVEDORE: Person running a business whose functions are to load, stow and unload ships.
Stevedore:individual or firm that employs longshoremen (or dockers, dock workers, or port workers) to load and unload vessels.
Stevedores: Labor management companies that provide equipment and hire workers to transfer containers and cargo between ships and docks.
STI- Subject to Inspection. Used to describe cargo that may have some damage to packaging, or look possibly damaged, but can not be verified.
Stock Keeping Unit (SKU): A category of unit with unique combination of form, fit, and function (i.e. unique components held in stock). To illustrate: If two items are indistinguishable to the customer, or if any distinguishing characteristics visible to the customer are not important to the customer, so that the customer believes the two items to be the same, these two items are part of the same SKU. As a further illustration consider a computer company that allows customers to configure a product from a standard catalogue components, choosing from three keyboards, three monitors, and three CPUs. Customers may also individually buy keyboards, monitors, and CPUs. If the stock were held at the configuration component level, the company would have nine SKUs. If the company stocks at the component level, as well as at the configured product level, the company would have 36 SKUs. (9 component SKUs + 3*3*3 configured product SKUs. If as part of a promotional campaign the company also specially packaged the products, the company would have a total of 72 SKUs.
Storage Charge:The fee for keeping goods in a warehouse.
StorageThe activity of placing goods into a store or the state of being in store (e.g. a warehouse).
Stowage - To place cargo aboard a carrier in a preplanned and organized manner.
Stowage Factor:Ratio of a cargo's cubic measurement to its weight, expressed in cubic feet to the ton or cubic metres to the tonne, used in order to determine the total quantity of cargo which can be loaded in a certain space.
Stowage Instructions:Imperative details about the way certain cargo is to be stowed, given by the shipper or his agent.
Stowage Order: Before certain classes are sent to the docks for shipment, a special stowage order must be obtained from the shipowner. It is the shipowner's authority to the shipworker to accept the goods and stow them where indicated. This must accompany the goods to the docks.
Stowage Plan:A plan indicating the locations on the vessel of all the consignments for the benefit of stevedores and vessel's officers.
Stowage:The placing and securing of cargo or containers on board a vessel or an aircraft or of cargo in a container.
Straight B/L:A non-negotiable B/L in which the goods are consigned directly to a named consignee.
STRAIGHT BILL OF LADING:A non-negotiable bill of lading in which the goods are consigned directly to a named consignee.
strategy, execution, and fulfillment is different.
Stripping - Removing cargo from a container (Unloading or Devanning).
Stripping:The unloading of cargo out of a container.
The above details describes about terms called in freight forwarding such as as Special-Commodities Carrier,Stability,Stack Car,Steamship conference, Subject to Inspection,Said to Contain, Stowage Factor,Stripping,Stowage Plan,Stowage Order etc. These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in freight forwarding trade below this post Terms used in freight forwarding such Shipping,Tankers,Short Shipment,Shrink Wrap,Silo,SLOT,Small Parcel Ground
The above information is a part of Guide on howtoexport and import
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