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Base Port

Ports from which standard tariff rates apply to those normally serviced directly by members.  Read More →

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Billed Weight

Weight stated in a waybill and/or (freight) bill of lading.  Read More →

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Bill of Lading

Legal document signed by or for the captain/master, agents, owners of a vessel or the (common) carrier. It is written evidence of the contract of carriage by sea and/or by land. It is A receipt of the goods (in the owner’s/carrier’s or his/their agent’s custody) and An undertaking... 

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Bonded Goods

Dutiable goods upon which excise duty has not been paid,i.e., goods in transit or warehoused pending use. The bond is the agreement entered into by the owner of the dutiable goods with Customs and the excise authority in which the owner promises to pay the duty when the goods are released for final distribution... 

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Booking

Arrangements made by a shipper or forwarder with the carrier to reserve space on a vessel for the carriage of cargo.  Read More →

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Broker

A person whose business it is to prepare shipping and customs documents for international shipments. Brokers often have offices at major freight gateways, including border crossings, seaports, and airports.  Read More →

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Bulk Cargo

Cargo that is unbound as loaded; it is without count in a loose unpackaged form. Examples of bulk cargo include coal, grain, and petroleum products.  Read More →

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