| Term |
Meaning |
|
Embargo |
A prohibition upon exports or imports, either with specific products or specific countries. |
|
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. |
|
Equipment |
The rolling stock carriers use to facilitate the transportation services that they provide, including containers, trucks, chassis, vessels, and airplanes, among others. |
|
Exception Rate |
A deviation from the class rate; changes (exceptions) made to the classification. |
|
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. |
|
Expediting |
Determining where an in-transit shipment is and attempting to speed up its delivery. |
|
Export Broker |
An enterprise that brings together buyer and seller for a fee, then eventually withdraws from the transaction. |
|
Export License |
A document secured from a government authorizing an exporter to export a specific quantity of a controlled commodity to a certain country. An export license is often required if a government has placed embargoes or other restrictions upon exports. |
|
Export Sales Contract |
The initial document in any international transaction; it details the specifics of the sales agreement between the buyer and seller. |