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W XYZ
War Risk
Insurance coverage for loss of goods resulting from any act
of war.
Warehouse
A place for the reception, delivery, consolidation, distribution,
and storage of goods/cargo.
Warehouse Entry
Document that identifies goods imported when placed in a bonded
warehouse. The duty is not imposed on the products while in
the warehouse but will be collected when they are withdrawn
for delivery or consumption.
Warehouse Withdrawal for Transportation
Immediate Exportation (WDEX)
Allows merchandise that has been withdrawn from a bonded warehouse
at one U.S. port to be exported from the same port exported
without paying duty.
Warehouse Withdrawal for Transportation
(WDT)
Allows merchandise that has been withdrawn from a bonded warehouse
at one port to be transported in bond to another port, where
a superseding entry will be filed.
Warehouse Withdrawal for Transportation
Exportation (WDT&E)
Allows merchandise that has been withdrawn from a bonded warehouse
at one port to be transported in bond through the U.S. to
be exported from another port, without paying duty.
Warehousing
The storing of goods/cargo.
Waybill (WB)
A document prepared by a transportation line at the point
of a shipment; shows the point of the origin, destination,
route, consignor, consignee, description of shipment and amount
charged for the transportation service. It is forwarded with
the shipment or sent by mail to the agent at the transfer
point or waybill destination.
Abbreviation is WB. Unlike a bill of lading, a waybill is
NOT a document of title.
WCCON
Whether Cleared Customso r Not
Weight Cargo
A cargo on which the transportation charge is assessed on
the basis of weight.
Weights and Measures
Measurement ton 40 cubic ft or one cubic meter.
Net ton, or short ton 2,000 lbs.
Gross ton/long ton 2,240 lbs.
Metric ton/kilo ton 2,204.6 lbs.
Cubic meter 35.314 cubic ft.
Well Car
Also known as stack car. A drop-frame Rail flat car.
Wharfage (Whfge.)
Charge assessed by a pier or dock owner against freight handled
over the pier or dock or against a steamship company using
the pier or dock.
WIBON
Whether In Berth or Not.
WIFPON
Whether in Free Pratique or Not
Windy Booking
A freight booking made by a skipper or freight forwarder to
serve space but not actually having a specific cargo at the
time the booking is made. Carriers often overbook a
vessel by 10 to 20 percent in recognition that "windy
booking" cargo will not actually ship.
WIPPON
Whether in Port or Not
Without Recourse
A phrase preceding the signature of a drawer or endorser of
a negotiable instrument; signifies that the instrument is
passed onto subsequent holders without any liability to the
endorser in the event of nonpayment or nondelivery.
W.M. (W/M)
Abbreviation for "Weight or Measurement;" the basis
for assessing freight charges. Also known as "worm."
The rate charged under W/M will be whichever produces the
highest revenue between the weight of the shipment and the
measure of the shipment.
WPA
Abbreviation for "With Particular Average."
W.T.L.
Western Truck Lines.
WWD
Weather Working Days.
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