- Industry: Convention
- Number of terms: 32421
- Number of blossaries: 0
- Company Profile:
An individual or firm that serves as the foreign representative of a domestic supplier and seeks sales abroad for the supplier.
Industry:Convention
An individual or firm that serves as the foreign representative of a domestic supplier and seeks sales abroad for the supplier.
Industry:Convention
An external vehicle lane that must be kept clear of obstruction to allow emergency egress.
Industry:Convention
An independent business which handles export shipments for compensation. At the request of the shipper, the forwarder makes the actual arrangements and provides the necessary services for expediting the shipment to its overseas destination. The forwarder takes care of all documentation needed to move the shipment from origin to destination, making up and assembling the necessary documentation for submission to the bank in the exporter’s name. The forwarder arranges for cargo insurance, makes the necessary overseas communications, and advises the shipper on overseas requirements of marking and labeling. The forwarder operates on a fee basis paid by the exporter and often receives an additional percentage of the freight charge from the common carrier. In the United States, an export freight forwarder must be licensed by the Federal Maritime Commission to handle ocean freight and by the International Air Transport Association (IATA) to handle air freight. An ocean freight forwarder dispatches shipments from the United States via common carriers, books or arranges space for the shipments, and handles the shipping documentation. See FREIGHT FORWARDER. See AlsoFreight Forwarder.
Industry:Convention
An exhibition at which the products or services being displayed represent all segments of an industry or profession.
Industry:Convention
A statement of revenues and expenses. Also known as a profit & loss statement.
Industry:Convention
