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| T.B.L. |
Through bill of lading. |
| T.I.B. |
Temporary Import Entry. |
| Tally
Sheet |
List of cargo, incoming and outgoing,
checked by Tally clerk on dock. |
| Tare
Weight |
The weight of the container and/or
packing materials only - excluding the weight of the
goods inside the container. |
| Tariff |
A general term for any listing
of rates, charges, etc. the tariffs most frequently
encountered in foreign trade are tariffs of the international
transportation companies operating on sea, on land,
and in the air; tariffs of the international cable,
radio, and telephone companies; and the customs tariffs
of the various countries, which list goods that are
duty free and those subject to import duty, giving
the rate of duty in each case. There are various classes
of customs duties. |
| Temperature
Controlled Cargo |
Any cargo requiring carriage under
controlled temperature. |
| TEU |
Twenty foot equivalent. |
| Third
Freedom Right |
Where cargo is carried by an airline,
from the country in which it is based, to a foreign
country. |
| Time
Draft |
A draft that matures in a certain
number of days, either from acceptance or date of the
draft. |
| Title,
Passing |
The passing of title to exported
goods is determined in large measure by the selling
terms. For example, if an exporter sells goods c.i.f
he may be presumed to pass ownership and tender of
documents. However, he may ship on a bill of lading
drawn to his own order, to prevent the buyer from gaining
possession of the goods until the draft is paid or
accepted. In this case he retains a security title
to the goods; that is, a title for security purposes
only, until the financial arrangement is carried out.
Caution depending on the laws of the buyer's country,
you may not be able to force passage of title without
payment having been received or the buyer having accepted
delivery of the goods or a clear understanding by the
buyer being understood and accepted. |
| TL |
Truckload. |
| Ton |
Freight rates for liner cargo generally
are quoted on the basis of a certain rate per ton,
depending on the nature of the commodity. This ton,
however, may be weight ton or a measurement ton. |
| Ton
- Deadweight |
Indicates the carrying capacity
of the ship in terms of the weight in tons of the cargo,
fuel, provisions and passengers which a vessel can
carry. |
| Ton
- Displacement |
The weight of the volume of water
which the fully loaded ship displaces. |
| Ton
- Kilometer |
Measure of airline freight capacity. |
| Ton
- Registered |
Indicates the cubical contents
or burden of a vessel in tons of 100 cubic feet. The
space within a vessel in units of 100 cubic feet. |
| Tracking |
A carrier's system of recording
movement intervals of shipments from origin to destination. |
| Trade |
A term used to define a geographic
area or specific route served by carriers. |
| Traffic
Conferences |
Rate-fixing machinery operated
by IATA. |
| Tramp |
A tramp is a vessel that does not
operate along a definite route on a fixed schedule,
but calls at any port where cargo is available. |
| Transferable
Letter of Credit |
A letter of credit that allows
all or a portion of the proceeds to be transferred
from the original beneficiary to one or more additional
beneficiaries. |
| Transport
Index |
The number expressing the maximum
radiation level in a package of ULD. |
| Transshipment |
The transfer of a shipment from
one carrier to another in international trade, most
frequently from one ship to another. In as much as
the unloading and reloading of delicate merchandise
is likely to cause damage, transshipments are avoided
whenever possible. |
| Truckload |
Truckload rates apply where the
tariff shows a truckload minimum weight. Charges will
be at the truckload minimum weight unless weight is
higher. |
| Trust
Receipt |
Release of merchandise by a bank
to a buyer for manufacturing or sales purposes in which
the bank retains title to the merchandise. |
| Turnkey
Project |
Capital construction projects in
which the supplier (contractor) designs and builds
the physical plant, trains the local personnel on how
to manage and operate the facility and presents the
buyer with a self-sustaining project (all the buyer
has to do is "turn the Key"). |
