GATEWAY
Point
at which freight is interchanged/interlined between carriers, or at which
a carrier joins two operating authorities provision of through service.
GENERAL AGREEMENT ON TARIFF AND TRADE
A
multi-lateral trade agreement enacted with the purpose of unifying trade
and Customs procedures worldwide.
GENERAL AVERAGE
A
loss that affects all cargo interests on board a vessel, including the
vessel itself. A vessel owner declares a vessel under General
Average when the common good of the shipping parties involved will benefit
through sacrifice of the goods on board.
GENERAL EXPORT LICENSE
Any
of various export licenses covering commodities for which validated export
licenses are not required. No formal application or written
authorization is needed to ship exports under a general export license.
GENERALIZED SYSTEM OF PREFERENCES
A
widely known preferential trade agreement that provides free or reduced
rates of duty to beneficiary developing countries in an effort to assist
their economic growth.
GENERAL LICENSE
A
license which grants permission to export non-strategic goods to specified
countries, without having to obtain a validated license.
GODOWN
The
name given to storehouses and warehouses in the Far East.
GROSS WEIGHT
The
weight of a container plus cargo.
GROUPAGE
A
service providing facilities for small consignments to be consolidated and
transported in a container.
GUARANTOR
One
who makes a guarantee.
GUARANTY
A
contract to see performed what another has undertaken. |