Glossary

A Bill of Entry is a crucial import document submitted to customs authorities by an importer or a licensed customs broker. It contains detailed information about the imported goods, including...

Bulk cargo refers to goods shipped in large, unpackaged quantities rather than containers or individual packages. Shippers transport these materials loose, poured, dropped, or scooped into specialized vessels, railcars, or...

Break bulk refers to cargo shipped as individual pieces rather than in standardized containers. Shippers transport breakbulk items—such as bags, boxes, crates, drums, or barrels—separately, often because the goods are...

A bonded warehouse stores imported goods under customs authorization and supervision without paying duties or taxes upfront.These goods, known as bonded goods, remain in the warehouse until the importer/buyer clears...

A Bill of Lading (B/L or BOL) is a legally binding document issued by a carrier to a shipper. It outlines the shipment details, including the type, quantity, and destination...

An Arbitration Clause is a provision commonly included in international shipping or trade contracts that requires parties to resolve disputes through arbitration instead of litigation. This clause helps resolve conflicts...