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| T.O.F.C. |
Railroad term which means Trailer On Flat
Car. |
| Tare
Weight |
The weight of a shipment excluding the
goods being shipped (compare with Gross Weight.) |
| Tariff
Rate |
The rate or price schedule for transporting
different items to various countries. |
| Tariff |
A document issued by a carrier setting
forth applicable rules, rates, and charges for the movement
of goods. It sets up a contract of carriage between the shipper,
consignee, and carrier. In international trade applications,
the term also refers to a tax on imports. |
| Telex |
A communication wire service that automatically
transmits data that has been entered on a teletypewriter. |
| TEU |
Twenty-foot equivalent unit. Used to measure
a vessel's capacity. |
| THC |
Terminal Handling Charge. |
| Third
Party Billing |
The designated payor of an invoice other
than the shipper or the consignee. |
| Transmittal
Letter |
The Transmittal Letter, commonly prepared
with a Bank Draft, is the document used to send shipping documents
to a remitting bank for processing either a collection or payment/negotiation
under a Letter of Credit. It contains the shipper's precise
and complete instructions on how the documents are to be handled
and the payments remitted. |
| Transshipment |
Shipment of merchandise to the point of
destination in another country on more than one vessel or vehicle.
The liability may pass from one carrier to the next, or it may
be covered by "through bills of lading" issued by the first
carriers. |
| TRC |
Terminal Receiving Charge. |
TVC
 |
Time Volume Contract. |
| 20
Footer |
A container which is 20 feet in length. |
