A B C D E F G H I J K L M N O P Q R S T U V W

Afloat

Refers to a shipment of cargo that is currently onboard a vessel between ports, as opposed to on land.

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After date

In banking, a notation used on financial instruments (such as drafts or bill of exchange) to fix the maturity date as fixed number of days past the date if drawing of the draft. For example, if a draft stipulates “30…

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Air freight

A service providing for the air transport of goods. The volume of air freight has been increased dramatically due to: decreasing shipping time: greater inventory control for just in-time manufacturing and stocking, generally superior condition of goods upon arrival, and,…

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Air freight consolidator

A company that obtains a low freight-of-all-kinds freight rate from air carrier in return for volume, and consolidates small shipments, often to fill air freight containers. Such companies often perform forwarding tasks and issue their own “house” air waybills to…

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Air freight forwarder

A freight forwarder for shipments by air. In many respects, air freight forwarder perform the same functions as air freight consolidators, except that smaller forwarders may co-load with others rather that actually perform their own consolidations. To the airlines, the…

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