

One of the more difficult aspects of shipping goods, or even shipping personal items over seas is learning the complicated lingo. There are a ton of terms relating to international shipping, especially cargo and freight shipping. This is a glossary of some of the more important terms related to shipping, international shipping, and freight shipping. It will help you navigate the difficult vocabulary.
Abatement
A discount allowed for damage or overcharge in the payment of a bill
Accessorial Charges
Charges that are applied to the base tariff rate or base contract rate, e.g., bunkers, container, currency, destination/delivery
Ad Valorem
A term from Latin meaning, “according to value.” Import duty applied as a percentage of the cargo’s dutiable value
Advanced Charge Transportation charge advanced by one carrier to another to be collected by the later carrier from the consignor or consignee
Advanced Notice of Arrival (ANOA)
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As the demand for increasingly inexpensive products grows, so too does the revenue for the countless counterfeit rings across the globe. While Americans feel as though they are getting a good deal; the truth is that counterfeit rings are synonymous with organized crime. US customs has had a very strong push to crack down on counterfeit products imported into the United States, and with good reason. Counterfeit products not only cost the United States Billions in potential tax revenue, they also support the growth of human trafficking, child slavery, fund terrorist groups, and result in the deaths of thousands of US citizens annually.
As you can imagine, the process you have to go through to legally export goods from the US is one filled with red tape and tedious requirements. Generally speaking, it is better to utilize a freight forwarding service to handle exportation. This is because freight forwarders will handle the majority of the paperwork and documentation. They also have a good knowledge of the import regulations of foreign countries, the export regulations of the US, foreign trade documents, etc. However, it is possible to do it yourself as long as you don't mind navigating through the bureaucratic process.
In order to ensure a successful export of good over seas, there are 5 major considerations you as an exporter need to consider.
Each of these concepts plays an integral role in the process an exporter...
Passport
This is a given, right? Many Americans would assume that they only need a passport to travel internationally. While having a passport is absolutely a necessity- there is some additional information about your passport that you should know.