ValveDepot Glossary of Shipping Terms |
A B C D E F G H I J K L M N O P Q R S T U V W XYZ |
EE.C.M.C.A.Eastern Central Motor Carriers Association. Edge ProtectorAn angle piece fitted over the edge of boxes, crates, bundles and other packages to prevent the pressure from metal bands or other types from cutting into the package. EDIAbbreviation for "Electronic Data Interface." Generic term for transmission of transactional data between computer systems. EDI is typically via a batched transmission, usually conforming to consistent standards. EDIFACTInternational data interchange standards sponsored by the United Nations. See UN/EDIFACT. Elevating- A charge for services performed in connection with
floating elevators. Elkins ActAn act of Congress (1903) prohibiting rebates, concession, misbilling, etc. and providing specific penalties for such violations. EmbargoOrder to restrict the hauling of freight. Eminent DomainThe sovereign power to take property for a necessary public use, with reasonable compensation. Empty RepoContraction for Empty Repositioning. The movement of empty containers. EndorsementA legal signature usually placed on the reverse of a draft; signifies transfer of rights from the holder to another party. EntryCustoms documents required to clear an import shipment for entry into the general commerce of a country. EqualizationA monetary allowance to the customer for picking up or delivering at a point other than the destination shown on the bill of lading. This provision is covered by tariff publication. Equipment Interchange Receipt (EIR)A document transferring a container from one carrier to another, or to/from a terminal. ETA- Estimated Time of Availability. That time when a
tractor/partner carrier is available for dispatch. EthyleneA gas produced by many fruits and vegetables that accelerates the ripening and aging processes. E.W.I.B.Eastern Weighing and Inspection Bureau. "Ex Dec"Contraction for "Shipper's Export Declaration." Ex - "From"When used in pricing terms such as "Ex Factory" or "Ex Dock," it signifies that the price quoted applies only at the point of origin indicated. ExceptionNotations made when the cargo is received at the carrier's terminal or loaded aboard a vessel. They show any irregularities in packaging or actual or suspected damage to the cargo. Exceptions are then noted on the bill of lading. EXIM BankAbbreviation for Export-Import Bank of the United States. An independent U.S. Government Agency which facilitates exports of U.S. goods by providing loan guarantees and insurance for repayment of bank-provided export credit. Expiry DateIssued in connection with documents such as letters of credit, tariffs etc. to advise that stated provisions will expire at a certain time. ExportShipment of goods to a foreign country. Export DeclarationA government document declaring designated goods to be shipped out of the country. To be completed by the exporter and filed with the U.S. Government. Export LicenseA government document which permits the "Licensee" to engage in the export of designated goods to certain destinations. Export RateA rate published on traffic moving from an interior point to a port for transshipment to a foreign country. EXW (Ex Works) (...Named Place): A Term of Sale which means that the seller fulfills the obligation to deliver when he or she has made the goods available at his/her premises (i.e., works, factory, warehouse, etc.) to the buyer. In particular, the seller is not responsible for loading the goods in the vehicle provided by the buyer or for clearing the goods for export, unless otherwise agreed. The buyer bears all costs and risks involved in taking the goods from the seller's premises to the desired destination. This term thus represents the minimum obligation for the seller. The terms in this glossary have been carefully selected by ValveDepot. We hope you will find it useful. This information is for reference only. ValveDepot will not have any liability for mis-use this information. |