A system of simultaneous equations for forecasting, based on mutual dependency among the variables used.
That speed of a means of transport which produces the best possible financial result for the owner. Such speed should not be in excess of the maximum or minimum output allowed for the engine(s).
A phenomenon which encourages the production of larger volumes of a commodity to reduce its unit cost by distributing fixed costs over a greater quantity.
Abbreviation: UN/EDIFACT
The ISO application level syntax rules for the structuring of user data and of the associated service data in the interchange of messages in an open environment.
The process of transacting business electronically. This includes the sharing of unstructured of structured business information by any electronic means among suppliers, customers, governmental bodies, service providers and other parties in order to conduct and execute transactions in business, administrative and other activities.
Abbreviation: EDI
The transfer of structured data, by agreed standards from applications on the computer of one party to the applications on the computer of another party by electronic means.
Abbreviation: EDP
The computerised handling of information (e.g. business data).
Equipment used to discharge some bulk cargoes such as grain which is removed from the hold by a continuous line of buckets or by suction and carried on a conveyor belt to store.
The sending of unstructured messages through the use of computer systems from one person to others.
A government order prohibiting the entry or departure of commercial vessels or goods at its ports. The refusal by a carrier, for a limited period, to accept for transport over any route or segment thereof, and to or from any area or point, of a connecting carrier, any commodity, type of class of cargo duly tendered (air cargo).
Abbreviation: EMS
Medical procedures in case of emergencies on board of vessels.
A method of converting information into a form which can be transmitted over insecure channels such as phone lines so that confidentiality is preserved.
The transfer of the right to obtain delivery of the goods of the carrier by means of the consignee's signature on the reverse side of a bill of lading. If the name of the new consignee (transferee) is not stated, the endorsement is an open one which means that every holder of the document is entitled to obtain delivery of the goods.
Document issued by a party interested in the purchase of goods specified therein and indicating particular, desirable conditions regarding delivery terms, etc., addressed to a prospective supplier with a view to obtaining an offer.
Flag declaring a ship's country of registry. Commissioned officer, lowest rank.
An Organisation created to provide products and/or services to customers.
A tangible or abstract thing of relevance to business about which data may be kept. Example: Customer, Order
Material resources necessary to facilitate the transport and handling of cargo. Transport equipment does under the given circumstances not have the ability to move by its own propulsion (e.g. sea container, trailer, unit load device, pallet).
Abbreviation: EDR
Written statement concerning damage to equipment, based on a physical inspection.
Abbreviation: EIR
Physical inspection and transfer receipt.
Abbreviation: ETA
The expected date and time of arrival in a certain (air)port.
Abbreviation: ETD
The expected date and time when a certain (air)port is left.
Abbreviation: EAN
An international body responsible for administering the European Article Numbering system.
It has affiliates in many countries such as: CCG in West Germany, DCC in Japan, ANA in the United Kingdom.
Note: The North American body responsible for the Uniform Product Code (UPC) codingis the Uniform Code Council. (UPC is considered a subset of EAN).
Pool for the exchange of standard size pallets (the so-called Europallets) in European cargo traffic, formed in 1961 by a number of European rail administrators.
Abbreviation: EZC
A charge for inland haulage transport in case of carrier haulage in Europe.
Said of a vessel which is balanced in such a way that the draft forward and aft is the same as the draft in the midship of the vessel on both sides.
An occurrence.
Something which supports a claim or hypothesis.
Abbreviation: EXW
See Inco Terms
See Exemption Clause
Going over the prescribed amount or degree e.g. excess luggage is luggage of which the weight is over the weight for free carriage.
That portion of stock on hand which is over and above the desired stock level.
The rate at which one currency can be exchanged for another, usually expressed as the value of the one in terms of the other.
The actual act of carrying out a task.
A clause in a contract, which relieves the carrier's responsibility for certain events.
Likely to occur or appear.
The 'rushing' or 'chasing' of production or purchase orders which are needed in less than the normal lead time.
See Disposable Pallet
Costs paid out in connection with booking of cargo and arranging transport (e.g. commission).
Termination of a certain period.
The process of carrying or sending goods to another country or countries, especially for purposes of use or sale in the country of destination. The sale of products to clients abroad.
Document granting permission to export as detailed within a specified time.
Company, packing goods for export.
The party responsible for the export of goods.
Summary or copy of something written, e.g. used in connection with the log book.