Thursday, February 17, 2005

Shipping - Shipping Supply - Trucking

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Glossary of Shipping Terms: Appraisement - AWWL

Appraisement
Determination of the dutiable value of imported merchandise by a Customs official who follows procedures outlined in their country's tariff, such as the U.S. Tariff Act of 1930.

Appraiser's Stores
The warehouse or public stores to which samples of imported goods are taken to be inspected, analyzed, weighed, etc. by examiners or appraisers.

Arbitrary
A stated amount over a fixed rate to one point to make a rate to another point.

Average
See insurance.

Arrival Notice
A notification by carrier of ship's arrival to the consignee, the "Notify Party," and - when applicable - the "Also Notify Party." These parties in interest are listed in blocks 3, 4 and 10, respectively, of the Bill of Lading.

ASC X12
American Standards Committee X12 responsible for developing EDI standards for the United States.

Assignment
A term commonly used in connection with a bill of lading. It involves the transfer of rights, title and interest in order to assign goods by endorsing the bill of lading.

Astern
· Behind a vessel
· Move in a reverse direction.

A.T.A.
American Trucking Association.

ATDNSHINC
Any time Day or Night Sundays & Holidays Included.

Athwartships
A direction across the width of a vessel.

Avoirdupois Pound
Same as 0.4535924277 kilograms.

AWWL
Always within Institute Warranties Limits (Insurance purposes).

The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business through the Department of Transportation in the interest of information exchange. Neither the U.S. Government or Shipping-web.com assume liability for its contents or use thereof nor do they endorse products. We hope you will find it useful.

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