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D&H
Abbreviation for "Dangerous and Hazardous" cargo.
D.B.A.
Abbreviation for "Doing Business As." A legal term
for conducting business under a registered name.
DDC
Abbreviation for "Destination Delivery Charge."
A charge, based on container size, that is applied in many
tariffs to cargo. This charge is considered accessorial and
is added to the base ocean freight. This charge covers crane
lifts off the vessel, drayage of the container within the
terminal and gate fees at the terminal operation.
Deadhead
One leg of a move without a paying cargo load. Usually
refers to repositioning an empty piece of equipment.
Deadweight Cargo
A long ton of cargo that can be stowed in less than 40 cubic
feet.
Deadweight
The number of tons of 2,240 pounds that a vessel can transport
of cargo, stores and bunker fuel. It is the difference between
the number of tons of water a vessel displaces "light"
and the number of tons it displaces when submerged to the
"load line."
Deconsolidation Point
Place where loose or other non-containerized cargo is ungrouped
for delivery.
Deficit Weight
The weight by which a shipment is less than the minimum weight.
Delivery Instructions
Order to pick up goods at a named place and deliver them to
a pier. Usually issued by exporter to trucker but may apply
to a railroad, which completes delivery by land. Use is limited
to a few major U.S. ports. Also known as shipping delivery
order.
DEMDES
Demurrage/Despatch money. (Under vessel chartering terms,
the amount to be paid if the ship is loading/discharging slower/faster
than foreseen.)
Demurrage
A penalty charge against shippers or consignees for delaying
the carrier's equipment beyond the allowed free time. The
free time and demurrage charges are set forth in the charter
party or freight tariff.
- See also Detention and Per Diem.
Density
The weight of cargo per cubic foot or other unit.
Depot, Container
Container freight station or a designated area where empty
containers can be picked up or dropped off.
Despatch
An incentive payment paid to a carrier to loading and unloading
the cargo faster than agreed. Usually negotiated only
in charter parties.
Destination
- The place to which a shipment is consigned.
- The place where carrier actually turns over cargo to consignee
or his agent.
Destination Control Statements
Various statements that the U.S. government requires to be
displayed on export shipments. The statements specify the
authorized destinations.
Detention
A penalty charge against shippers or consignees for delaying
carrier's equipment beyond allowed time. Demurrage applies
to cargo; detention applies to equipment. See Per Diem.
Devanning
The unloading of a container or cargo van.
DF Car
DamageFree Car. Boxcars equipped with special bracing material.
Differential
An amount added or deducted from base rate to make a rate
to or from some other point or via another route.
Discrepancy Letter of Credit
When documents presented do not conform to the requirements
of the letter of credit (L/C), it is referred to as a "discrepancy."
Banks will not process L/C's which have discrepancies. They
will refer the situation back to the buyer and/or seller and
await further instructions.
Displacement
The weight, in tons of 2,240 pounds, of the vessel and its
contents. Calculated by dividing the volume of water displaced
in cubic feet by 35, the average density of sea water.
Diversion
A change made either in the route of a shipment in transit
(see Reconsignment) or of the entire ship.
Division
Carriers' practice of dividing revenue received from through
rates where joint hauls are involved. This is usually according
to agreed formulae.
Dock
- For ships, a cargo handling area parallel to the shoreline
where a vessel normally ties up.
- For land transportation, a loading or unloading platform
at an industrial location or carrier terminal.
Dock Receipt
A form used to acknowledge receipt of cargo and often serves
as basis for preparation of the ocean bill of lading.
Docket
Present a rate proposal to a conference meeting for adoption
as a conference group rate.
Documents Against Acceptance (D/A)
Instructions given by a shipper to a bank indicating that
documents transferring title to goods should be delivered
to the buyer only upon the buyer's acceptance of the attached
draft.
Documents Against Payment (D/P)
An indication on a draft that the documents attached are to
be released to the drawee only on payment.
Dolly
A set of wheels that support the front of a container; used
when the automotive unit is disconnected.
Door-to-Door
Through transportation of a container and its contents from
consignor to consignee. Also known as House to House. Not
necessarily a through rate.
D.O.T.
Department of Transportation.
Draft
- The number of feet that the hull of a ship is beneath the
surface of the water.
- An unconditional order in writing, addressed by one party
(drawer) to another party (drawee), requiring the drawee to
pay at a fixed or determinable future date a specified sum
in lawful currency to the order of a specified person.
Draft, Bank
An order issued by a seller against a purchaser; directs payment,
usually through an intermediary bank. Typical bank drafts
are negotiable instruments and are similar in many ways to
checks on checking accounts in a bank.
Draft, Clean
A draft to which no documents are attached.
Draft, Date
A draft that matures on a fixed date, regardless of the time
of acceptance.
Draft, Discounted
A time draft under a letter of credit that has been accepted
and purchased by a bank at a discount.
Draft, Sight
A draft payable on demand upon presentation.
Draft, Time
A draft that matures at a fixed or determinable time after
presentation or acceptance.
Drawback
A partial refund of an import fee. Refund usually results
because goods are re-exported from the country that collected
the fee.
Drawee
The individual or firm that issues a draft and thus stands
to receive payment.
Drayage
Charge made for local hauling by dray or truck. Same as Cartage.
DRFS
Abbreviation for "Destination Rail Freight Station."
Same as CFS at destination, except a DRFS is operated by the
rail carrier participating in the shipment.
DSU
Delay in Startup Insurance is a policy to protect the seller
of a construction project from penalties if the project is
not completed on time. See "Liquidated Damages."
Dry Cargo
Cargo that is not liquid and normally does not require temperature
control.
Dry-Bulk Container
A container constructed to carry grain, powder and other free-flowing
solids in bulk. Used in conjunction with a tilt chassis or
platform.
Dumping
Attempting to import merchandise into a country at a price
less than the fair market value, usually through subsidy by
exporting country.
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