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Transportation

Any mode or method of locomotion that serves to move people, goods or services from one location to another.

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Transportation > Shipping

ISO

Transportation; Shipping

International Organization for Standardization. Organization devoted to setting standards in all fields, but which also decided the standard size of shipping containers.

ad valorem

Transportation; Shipping

A term from Latin meaning, “according to value.” Import duty applied as a percentage of the cargo’s dutiable value.

administrative law judge

Transportation; Shipping

A representative of a government commission or agency vested with power to administer oaths, examine witnesses, take testimony, and conduct hearings of cases submitted to, or ...

admiralty

Transportation; Shipping

Refers to marine matters such as an Admiralty Court.

always afloat (AA)

Transportation; Shipping

A contract term requiring that the vessel not rest on the ground. In some ports the ship is aground when approaching or at berth.

against all risks (AAR)

Transportation; Shipping

Insurance clause for the Association of American Railroads.

abaft

Transportation; Shipping

A point beyond the midpoint of a ship’s length, towards the rear or stern.