Manitoulin Waybill Pdf

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Accessorial Charges:

Are charges made for performing freight services beyond normal pickup and delivery such as inside delivery, waiting time, fuel surcharges and storage charges etc.

Blocked Trains:

Railcars grouped in a train by destination so that segments (blocks) can be uncoupled and routed to different destinations as the train moves through various junctions. Eliminates the need to break up a train and sort individual railcars at each junction.

Bill of lading (BOL):

A legal contract between the shipper and the carrier for the transportation of goods. The shipper always retains one copy of the bill of lading as a receipt for the goods shipped, and the carrier retains the shipping order copy. The bill of lading shows, among other information, where the freight is going, where the freight originated, description of the freight, number of pieces and weight.

Cash Against Documents (CAD):

Method of payment for goods in which documents transferring title is given the buyer upon payment of cash to an intermediary acting for the seller, usually a commission house.

Cash in Advance (CIA):

A method of payment for goods in which the buyer pays the seller in advance of the shipment of goods. Usually employed when the goods, such as specialized machinery, are built to order.

Class:

Refers to the Classification rating or number that specifically identifies the approximate size, value and difficulty of transporting a particular type of product that can be shipped by a carrier.

Classification:

A publication such as Uniform Freight Classification (railroad) or the National Motor Freight Classification (motor carrier), that assigns ratings to various articles and provides a bill of lading descriptions and rules.

Commercial Invoice:

Represents a complete record of the transaction between exporter and importer with regard to the goods sold. Also reports the content of the shipment and serves as the basis for all other documents about the shipment.

Common Law:

Law that derives its force and authority from precedent, custom and usage rather than from statutes, particularly with reference to the laws of England and the United States.

Confirmed Letter of Credit:

A letter of credit, issued by a foreign bank, whose validity has been confirmed by a domestic bank. An exporter with a confirmed letter of credit is assured of payment even if the foreign buyer or the foreign bank defaults.

Consignment:

A stock of merchandise advanced to a dealer and located at his place of business, but with title remaining in the source of supply. A shipment of goods to a consignee.

Consolidator:

A person or firm performing a consolidation service for others. The consolidator takes advantage of lower full carload (FCL) rates, and savings are passed on to shippers.

Container Terminal:

An area designated for the stowage of cargoes in container; usually accessible by truck, railroad and marine transportation. Here containers are picked up, dropped off, maintained and housed.

Countervailing Duty:

An additional duty imposed to offset export grants, bounties or subsidies paid to foreign suppliers in certain countries by the government of that country for the purpose of promoting export.

Cube:

Term used to describe how much loading space (percentage) inside a trailer has been used or is available. For example, a trailer that is loaded exactly half full would be called 50 percent cubed out of a possible 100-percent cube

Custom house Broker:

A person or firm, licensed by the treasury department of their country when required, engaged in entering and clearing goods through Customs for a client (importer).

Dangerous Goods:

Are solids, liquids, or gases that can harm people, other living organisms, property, or the environment. They are often subject to chemical regulations. In the United States and sometimes in Canada dangerous goods are more commonly known as hazardous materials, (abbreviated as HAZMAT or HazMat)

Declared Value:

To receive a lower rate a shipper declares a lower than actual value for a shipment. Similar to released value. Declared value is for a complete shipment whereas released value is for each piece in a shipment.

Delivery Instructions Order:

To pick up goods at a named place and deliver them to a pier. Usually issued by exporter to trucker but may apply to a railroad, which completes delivery by land. Use is limited to a few major U.S. ports. Also known as shipping delivery order.

Draft, Bank:

An order issued by a seller against a purchaser; directs payment, usually through an intermediary bank. Typical bank drafts are negotiable instruments and are similar in many ways to checks on checking accounts in a bank.

Electronic data interchange (EDI):

Computer-to-computer communication between two or more companies that is used to generate documents such as purchase orders and invoices. EDI also enables firms to access the information systems of suppliers, customers and carriers to determine real-time status of shipments and inventory.

Equalization:

A 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.

Force Majeure:

The title of a common clause in contracts, exempting the parties for non-fulfillment of their obligations as a result of conditions beyond their control, such as earthquakes, floods or war.

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