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WESTERN OVERSEAS CORPORATION
WESTERN OVERSEAS CORPORATION

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  T.&E.
Abbreviation for "Transportation and Exportation." Customs form used to control cargo movement from port of entry to port of exit, meaning that the cargo is moving from one country, through the United States, to another country
 


 
Tariff (Trf.)
A publication setting forth the charges, rates and rules of transportation companies.  


 
TEU
Abbreviation for "Twenty foot Equivalent Unit."
 


 
Throughput Charge
The charge for moving a container through a container yard off or onto a ship.
 


 
TIR
"Transport International par la Route." Road transport operating agreement among European governments and the United States for the international movement of cargo by road. Display of the TIR carnet allows sealed containerloads to cross national frontiers without inspection.
 


 
Ton-Mile
- A unit used in comparing freight earnings or expenses. The amount earned from the cost of hauling a ton of freight one mile. - The movement of a ton of freight one mile.  


 
Tonnage
100 cubic feet.
 


 
Tonnage
Generally refers to freight handled.
 


 
Transportation & Exit (T&E)
Allows foreign merchandise arriving at one port to be transported in bond through the U.S. to be exported from another port, without paying duty.
 


 
Transship
To transfer goods from one transportation line to another, or from one ship to another.
 


 
Transshipment Port
Place where cargo is transferred to another carrier.
 


 
Trust Receipt
Release of merchandise by a bank to a buyer while the bank retains title to the merchandise. The goods are usually obtained for manufacturing or sales purposes. The buyer is obligated to maintain the goods (or the proceeds from their sales) distinct from the remainder of the assets and to hold them ready for repossession by the bank.
 




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