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The Standard Carrier Alpha Code ( SCAC) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long. The National Motor Freight Traffic Association developed the SCAC code in the 1960s to help road transport companies computerize data and records. [1]
The National Motor Freight Classification ( NMFC) is a North American voluntary standard that provides a comparison of commodities moving in interstate, intrastate and international commerce via freight shipment. The standard is developed and maintained by the Freight Classification Development Council (FCDC) and published by the National Motor ...
Alexandria, Virginia, United States. Website. www .nmfta .org. The National Motor Freight Traffic Association ( NMFTA) is an American nonprofit membership organization headquartered in Alexandria, Virginia. Its members are interstate, intrastate and international less-than-truckload (LTL) motor carriers. The association was established in 1956.
Incoterms 2020 is the ninth set of international contract terms published by the International Chamber of Commerce, with the first set having been published in 1936. Incoterms 2020 defines 11 rules, the same number as defined by Incoterms 2010. [6] One rule of the 2010 version ("Delivered at Terminal"; DAT) [7] was removed, and is replaced by a ...
Marine insurance covers the physical loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. [1] [2] Cargo insurance is the sub-branch of marine insurance, [3] though marine insurance also includes onshore and offshore exposed ...
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A freight claim or cargo claim is a legal demand by a shipper or consignee against a carrier in respect of damage to a shipment, or loss thereof. [1] [2] [3] Typically, the claimant will seek damages (financial compensation for loss), but other remedies include " specific performance ", where the cargo-owner seeks delivery of the goods as agreed.
The Standard Point Location Code® (SPLC™) is a 9 digit geographic code used by North American transportation industries, especially rail. SPLC is owned and maintained by the National Motor Freight Traffic Association. [1] SPLC exist for terminals within the United States, Canada, and Mexico. For the US and Canada, the first two digits refer ...