Shipping Terms




u

Ullage

Free space above a liquid contained in a tank, drum or tank-container, expressed as a percentage of the total capacity. Ullage is often used to leave room for possible expansion of the liquid.

Ultimate Consignee

Party who has been designated on the invoice or packing list as the final recipient of the stated merchandise.

Ultra Large Crude Carrier

Abbreviation: ULCC A vessel designed for the carriage of liquid cargo in bulk with a loading capacity from 250.000 till 500.000 DWT.

Unaccompanied Baggage

Luggage not accompanied by a passenger.

Undercarriage

A supporting frame or structure of a wheeled vehicle. The landing gear of an aircraft.

Undercarrier

A carrier in a conference or consortium who carries less cargo than the allotment distributed to him.

Uniform

The in 1993 revised rules of the International Chamber of Commerce (ICC) governing a letter of credit issued in respect of goods shipped applicable as from 1-1-1994.

Union Internationale des Chemins de Fer

Abbreviation: UIC International railway union, in which most of the European national railway companies are united.

Unit Load

A number of individual packages bonded, palletised or strapped together to form a single unit for more efficient handling by mechanical equipment.

Unit Load Device

Abbreviation: ULD Any type of container or pallet, in which a consignment can be transported by air whether or not such a container is considered aircraft equipment. Any type of air freight container, aircraft container, aircraft pallet with a net, or aircraft pallet with a net over an igloo.

United Nations Conference on Trade and Development

Abbreviation: UNCTAD A United Nations agency whose work in Shipping includes the liner code involving the sharing of cargoes between the Shipping lines of the importing and exporting countries and third countries in the ratio 40:40:20.

United Nations Dangerous Goods Number

Abbreviation: UNDG Number The four-digit number assigned by the United Nations Committee of Experts on the Transport of Dangerous Goods to classify a substance or a particular groups of substances. Note: The prefix 'UN' must always be used in conjunction with these numbers.

United Nations Layout Key

Abbreviation: UNLK A standard (ISO6422) which lays down the basic principles for the design of the image area on documents for use in international trade.

United Nations Standard Message

Abbreviation: UNSM A collection of structured data that is exchanged to convey information related to a specific transaction between partners engaged in electronic data interchange. Messages are composed of logically grouped segments required for the type of message transaction covered. Note: A set of segments in the order specified in a message directory starting with the message header and ending with the message trailer (ISO9735).

Utc

Abbreviation of Coordinated Universal Time, the standard measurement of time. Universal time (UT), based on the Earth's actual rotation, was replaced by coordinated universal time (UTC) 1972, the difference between the two involving the addition (or subtraction) of leap seconds on the last day of June or Dec. National observatories (in the UK until 1990 the Royal Greenwich Observatory) make standard time available, and the BBC broadcasts six pips at certain hours (five short, from second 55 to second 59, and one long, the start of which indicates the precise minute). Its computerised clock has an accuracy greater than 1 second in 4,000 years. From 1986 the term Greenwich Mean Time was replaced by UTC. However, the Greenwich meridian, adopted 1884, remains that from which all longitudes are measured, and the world's standard time zones are calculated from it.

Utilisation Rate

The quotient of used capacity and available capacity.

NEWS
air cargo china cancelled the global covid-19 pandemic is growing in scale and is exceeding all ex-pectations. in consultation with partners and associations of the air freight industry messe münchen feels compelled to cancel air cargo china, which was scheduled for june 16–18 in shanghai. lufthansa hopes to keep cargo flying lufthansa cargo is making every effort to maintain the flight operations of its cargo aircraft in the current corona crisis. turkish cargo puts cargo in the passenger cabin turkish cargo will utilise their network and fly their turkish airlines passenger aircraft for airfreight as repercussions from the coronavirus outbreak and travel bans send global supply chains into disarray. latam cargo mitigates supply chain difficulties through freighters latam cargo has sought to mitigate the current difficulties through its 11 b767-300 freighter aircraft, which make latam cargo group the cargo airline with the most freighters operating in latin america. swiss worldcargo to commence freight-only flights swiss worldcargo has announced that this week will see the commencement of cargo-only flights on some aircraft. heathrow calls on supply chain to maximise capacity heathrow will be stepping up its cargo capabilities as it calls on more airlines and freight companies to maximise the use of the hub airport’s quieter schedule so that the aviation industry can play its part in the economic and social fight against covid-19. turkish cargo connects linz with direct freighter service turkish cargo is continuing to increase its network announcing new direct freighter flights to linz (austria). caribbean airlines cargo suspends two freighter services caribbean airlines has temporarily suspended its tuesday and thursday freighter flights etihad announces new freighter schedule etihad cargo has announced its freighter schedule for the iata summer season, boosting capacity to its top freighter gateways. atlas air’s flynn on track for a new career former atlas air president and ceo william j flynn has been appointed as us passenger train operator amtrak’s next chief executive officer and president. swiss worldcargo extends china suspensions in light of the current coronavirus situation, swiss and swiss worldcargo have made further adjustments on flights between zurich and beijing, shanghai and hong kong. fraport announces cost-reduction measures in response to coronavirus frankfurt airport operator fraport has announced new cost-reduction measures in response to the impact of the coronavirus. silkway keeps flying the current corona epidemic is having a significant impact on the air cargo industry. the aviation industry has taken the hit of coronavirus “airlines, aviation financing and plane makers – inherently vulnerable to the economic side-effects of a potential pandemic – faced challenges as the year began, ensuring they are now at growing risk of severe coronavirus-related disruption,” says scope, specialist financial analysts. covid-19: the disruption continues for supply chains richard wilding obe, professor of supply chain strategy at the uk’s cranfield university, comments on the latest challenges covid-19 presents the supply chain. he points out that consumer demand for face masks is impacting on wider industry needs. cargolux and atlas air predict a subdued airfreight market in 2020 the cargo freight market is likely to remain weak this year, industry leaders believe, as it remains hampered by overcapacity and weak growth in several regions around the world. finnair cancels mainland china flights until the end of winter finnair will cancel its flights to beijing capital airport and to shanghai during march 1-28, 2020 (until the end of the winter season), as the coronavirus situation has led to a temporary decline in air travel between china and europe. airbridgecargo offers charter flights to meet coronavirus-related demand the volga-dnepr group has been operating as many as five “sterilised” charter flights into china each day to cater for coronavirus related demand. valentines boost for latam cargo more than 210 latam cargo boeing 767-300 freighters took off from colombia and ecuador, carrying 12,600 tons of flowers for the 2020 valentine’s day season maersk line partnering with portrix maersk line is partnering with portrix logistic software gmbh (pls) to integrate spot pricing into pls’ market leading global price management (gpm) software solution.