Preferential Duty
A reduced import tariff applied to goods originating from countries with established trade agreements.
Definition
A reduced import tariff applied to goods originating from countries with established trade agreements. Preferential duty rates encourage global trade and provide cost advantages for compliant exporters.
Related Terms
Packing List
A detailed document that outlines the contents of a shipment including item descriptions quantities dimensions and weight.
Palletization
The process of stacking and securing goods onto pallets for easier handling transportation and storage.
Partial Shipment
A shipment that is divided into multiple deliveries rather than being shipped in one complete batch.
Peak Season Surcharge (PSS)
A temporary fee imposed by carriers during periods of high shipping demand such as holiday seasons or retail peak periods.
Perishable Goods
Items that have a limited shelf life and require temperature control or specialized handling to maintain their quality during transportation.
Pickup & Delivery
The process of collecting cargo from the shipper's premises and delivering it to the consignee's location.
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