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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. |