|
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.
T.B.L.:
Through bill of lading
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.
T.I.B.:
Temporary Import Entry.
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.
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.
Transport
Index: The number
expressing the maximum
radiation level in a package
of ULD.
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").
| 
