Trade Terms

Added to an ocean shipping rate to compensate the carrier for increases in fuel (bunker oil) costs since the subject rate was originally tariff filed and/or negotiated

The service of providing, installing and removal of garment racks/rails in carrier's equipment.

Used to describe the charges raised by the Port of Arrival or Port of Discharge to lift the container onto or off the vessel.

Charge applies to the movement of hazardous cargo requiring on deck stowage per Coast Guard regulations and is expressed as a rate per M/T for Breakbulk Cargo to be added…

Accessorial charge (surcharge), similar to BAF, which some ocean carriers are charging to offset increases in fuel costs.

Fee assessed on Cargo of a hazardous nature as classified under IMO regulations.

The trucking charge arising in picking up the cargo from door of supplier's factory and delivering to nearest receiving station.

Rate adjustments are based on the national average diesel fuel price.

The term "IPI" is typically used in connection with an inbound movement to an inland point consisting of the consignee's door rather than an inland rail terminal or container yard,…

ISPS charge to shipments to/from terminals in Europe.