Glossary of Shipping Terms:
" C " (page-6)
Consignment Stock
The stock of goods with an external party (customer) which is still the property of the supplier. Payment for these goods is made to the supplier at the moment when they are sold (used) by this party.
Consignor
See: Shipper
Consolidate
To group and stuff several shipments together in one container.
Consolidated Container
Container stuffed with several shipments (consignments) from different shippers for delivery to one or more consignees.
Consolidation
The grouping together of smaller consignments of goods into a large consignment for carriage as a larger unit in order to obtain a reduced rate.
Consolidation Point
Location where consolidation of consignments takes place.
Consolidator
A firm or company which consolidates cargo.
Consortium
Consortium is a form of co-operation between two or more carriers to operate in a particular trade.
Consular Invoice
An invoice covering shipment of goods certified by a consular official of the destination country, and used normally by customs or officials concerned with foreign exchange availability to ascertain the correctness of commercial invoice values.
Container
An item of equipment as defined by the International Organisation for Standardisation (ISO) for transport purposes. It must be of:
- a permanent character and accordingly strong enough to be suitable for repeated use.
- specially designed to facilitate the carriage of goods, by one or more modes of transport without intermediate reloading.
- fitted with devices permitting its ready handling, particularly from one mode of transport to another.
- so designed as to be easy to fill and empty.
- having an internal volume of 1 m3 or more.
The term container includes neither vehicles nor conventional packing.
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Container Bolster
A container floor without sides or end walls which does not have the ISO corner fittings and is generally used for Ro/Ro operations.
Note: A bolster cannot be handled either full or empty by a container spreader without special gear.
Container Chassis
A vehicle specially built for the purpose of transporting a container so that, when container and chassis are assembled, the produced unit serves as a road trailer.
Container Check Digit
The 7th digit of the serial number of a container used to check whether prefix and serial number are correct.
Container Depot
Storage area for empty containers.
Container Freight Station (CFS)
A facility at which (export) LCL cargo is received from merchants for loading (stuffing) into containers or at which (import) LCL cargo is unloaded (stripped) from containers and delivered to merchants.
Container Lease
The contract by which the owner of containers (lessor) gives the use of containers to a lessee for a specified period of time and for fixed payments.
Container Load Plan (CLP)
A list of items loaded in a specific container and where appropriate their sequence of loading.
Container Logistics
The controlling and positioning of containers and other equipment.
Container Manifest
The document specifying the contents of particular freight containers or other transport units, prepared by the party responsible for their loading into the container or unit.
Container Moves
The number of actions performed by one container crane during a certain period.
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