2024-08-29
CAD
CAD - Cash Against Documents: A payment arrangement where the buyer pays for goods before receiving the shipping documents.
A system that uses electronic controls for steering, braking, and throttle inputs instead of mechanical linkages.
Mother Vessel: The main ship used to transport goods in a deep-sea voyage, as opposed to feeder vessels that operate in
LCL - Less than Container Load: A shipment that does not fill an entire container and is consolidated with other shipmen
IMP - Import: The process of bringing goods or services into a country from abroad for sale or trade.