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On-BoardCargo that has been loaded on board a combined transport mode of conveyance. Used to satisfy the requirements of a letter of credit, in the absence of an express requirement to the country |
On-Board B/LValidated at the time of loading to transport. Common types: on-board air, boxcar, container, rail, truck, vessel |
OOPOUT PORT SURCHARGE AT ORIGIN |
OPCOUT-PORT CHARGE |
Open AccountA trade arrangement in which goods are shipped to a foreign buyer without guarantee of payment |
Open-Top ContainerA container fitted with a solid removable roof or with a tarpaulin roof that can be loaded or unloaded from the top |
Operating RatioA comparison of a carrier’s operating expense with its gross receipts |
OPSPORT SERVICE CHARGE AT ORIGIN |
OPTADDITIONAL F.OPTION STOW |
Optimum CubeThe highest level of cube utilization that can be achieved when loading cargo into a container |