That amount of time that a carrier's equipment may be used without incurring additional charges. Merchandise may be stored, displayed, used for manufacturing, etc., within the zone and re-exported without duties. Freight Refers to either the cargo carried or the charges assessed for carriage of the cargo. Freight Forwarder A person whose business is to act as an agent on behalf of the shipper. A freight forwarder frequently makes the booking reservation.
Freighters See Ships.
The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. We hope you will find it useful. This information is disseminated under the sponsorship of the Department of Transportation in the interest of information exchange. The U.S. Government assumes no liability for its contents or use thereof nor does it endorse products.