| Term |
Meaning |
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Embargo
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A prohibition upon exports or imports, either with specific products or specific countries.
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Entry Form
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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.
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Equipment
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The rolling stock carriers use to facilitate the transportation services that they provide, including containers, trucks, chassis, vessels, and airplanes, among others.
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Exception Rate
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A deviation from the class rate; changes (exceptions) made to the classification.
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Exclusive Patronage Agreements
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A shipper agrees to use only a conference's member liner firms in return for a 10 to 15 percent rate reduction.
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Expediting
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Determining where an in-transit shipment is and attempting to speed up its delivery.
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Export Broker
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An enterprise that brings together buyer and seller for a fee, then eventually withdraws from the transaction.
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Export License
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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.
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Export Sales Contract
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The initial document in any international transaction; it details the specifics of the sales agreement between the buyer and seller.
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