Shipping Glossary for Freight, Customs and Logistics

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Blocked Space Agreement

Anti-dumping Duties (AD)

What are anti-dumping duties? Anti-dumping duties are special tariffs imposed by customs authorities. They are designed to counteract the effects of dumping—a practice in which foreign manufacturers sell goods in...
Blocked Space Agreement

All-Risk Coverage: Why Broad Cargo Insurance Still Has Exclusions

All-risk cargo insurance is a comprehensive coverage that protects goods in transit against a wide range of potential risks. Unlike more limited insurance options, all-risk policies offer broad protection against...
Blocked Space Agreement

Air Waybill Meaning: Receipt, Carriage Contract and Delivery Instructions

What is an air waybill? An Air Waybill (AWB) is a non-negotiable freight document issued by an air carrier when goods are shipped by air. It serves three primary functions:Delivery...
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