Trade Terms

Electronic order quantity. A concept which determines the optimal order quantity on the basis of ordering and carrying costs.

Estimated time of arrival.

Available on a computer network, either intercompany, or intracompany. It allows for the distribution of messages to one or several recipients.

The United States has been requiring carriers to transmit electronic manifests since 2007. For US manifests, the information must be submitted through US Customs and Border Protection

A security system using electronic detection such as motion sensors, door and window contacts, and light beams to notify a monitoring station of unauthorized entry to a building or on…

A law prohibiting the offering or receipt of any rebate, concession, or discrimination in the transportation fees charged to the shipper. It makes the carrier and the shipper equally responsible…

Temporary refusal by a government or governments to allow goods to or from a country or location. Also a temporary suspension of trade of a particular commodity.

The documentation to be filed with the appropriate Customs officer to secure the release of imported merchandise from Customs custody or the act of filing that documentation. (19CFR141.0)

Environmental Protection Agency (EPA) is the independent U.S. Government agency responsible for wide-ranging environmental protection, research, and educational functions, including a variety of rules and regulations which affect the transportation…

Estimated.