• ISF (Importer Security Filing)

  An Importer Security Filing (ISF), also known as "10+2," is a filing required by U.S. Customs and Border Protection (CBP) that documents importing information about a shipment as it passes from point to point.

• EXW (Ex Works)

  EXW (Ex Works) is an incoterm that only requires the seller to make the goods available for pickup by the buyer at the seller's premises or another named location. The buyer is responsible for export clearance, loading, and all cost and risk to the destination.

• FCA (Free Carrier)

  FCA (Free Carrier) is an incoterm that requires the seller to clear the goods for export and deliver them to the buyer either at the seller's premises or at another named place.

• FOB (Free on Board)

  FOB (Free on Board) is an incoterm that requires the seller to clear the goods for export, deliver them to the ocean vessel, and place them on board. Cost and risk transfer from seller to buyer once the goods cross the ship's rail.

• Incoterms®

  Incoterms® are terms of sale that define who arranges for the payment and handling of goods during shipping, from the moment they leave the seller's door until their arrival at the buyer's final destination.

• Inherent Vice

  Inherent vice refers to the inherent properties of goods being transported that make them prone to damage or deterioration. It is an exclusion found in most cargo insurance policies, so transportation companies may not be liable for damage arising from a cargo's inherent vices.

• Compliance Assessment

  A compliance assessment is an analysis or audit of a company's customs transactions.

• Concealed Damage Coverage

  Concealed damage coverage provides protection for the owner of goods shipped by any mode of transportation when the goods are damaged during transit but the damage is not immediately apparent upon delivery.

• Consignee

  A consignee is the party to whom ownership of the goods will transfer when the cargo is released at destination.

• Consolidation

  Consolidation is the act of combining two or more shipments in a truck or container.

• Container

  A container is a steel receptacle used to transport ocean and rail shipments. The modern container was invented in the 1950s by Malcolm P. McLean.

• Container Facility Fee

  The Container Facility Fee is a single flat fee applied to container movements at or via the ports of New York and Newark.

• CFS (Container Freight Station)

  A container freight station (CFS) is a warehouse that specializes in the consolidation and deconsolidation of cargo. A CFS will charge a fee.

• CFS (Container Freight Station) Cut-off

  A CFS cut-off is the date by which an LCL (Less than Container Load) shipment needs to be checked in to a CFS (Container Freight Station) to meet its scheduled sailing.

• CFS (Container Freight Station) Fee

  A container freight station (CFS) fee is assessed for LCL shipments. The CFS charges a fee to deconsolidate cargo at destination (or consolidate it at origin), based on the volume of the cargo.

• Container Yard (CY)

  A container yard (CY) is a physical facility from which ocean carriers accept and deliver ocean containers, as well as issue and receive back empty containers.