Notify Party
The individual or company listed on the Bill of Lading or Air Waybill that must be informed upon the arrival of a shipment.
Definition
The individual or company listed on the Bill of Lading or Air Waybill that must be informed upon the arrival of a shipment. While the Consignee typically receives the goods the notify party may include brokers agents or other stakeholders responsible for handling customs clearance or logistics coordination.
Related Terms
NCBFAA (National Customs Brokers and Forwarders Association of America)
The NCBFAA is a prominent trade association in the United States representing customs brokers freight forwarders and other international trade professionals.
NCM Code (Nomenclatura Común del Mercosur)
A product classification system used in Mercosur countries (Argentina Brazil Paraguay and Uruguay) for international trade.
Net Tonnage (NT)
A measurement of a ship's usable internal volume excluding non-revenue-earning spaces such as crew quarters engine rooms and navigation areas.
Non-Vessel Operating Common Carrier (NVOCC)
An NVOCC is a company that provides ocean freight services without owning or operating its own vessels.
Actual Gross Weight
The total weight of a shipment including the product itself packaging materials pallets and any other shipping aids.
Accessorial Fees
Additional fees charged by carriers for services beyond standard transportation.
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