Slot Charter
A shipping arrangement where a carrier or NVOCC purchases a designated amount of container space (referred to as slots) on another carrier's vessel.
Definition
A shipping arrangement where a carrier or NVOCC purchases a designated amount of container space (referred to as slots) on another carrier's vessel. Slot charters allow smaller carriers to expand their service network without operating additional vessels improving flexibility and market reach
Related Terms
Schedule B Code
A 10-digit numerical code used by U.S. exporters to classify goods for export reporting purposes.
Seal Number
A unique identification number assigned to a Container Seal which is affixed to a shipping container to ensure its integrity during transit.
Shipment Tracking
The process of monitoring a shipment's progress throughout its journey from the point of origin to the final delivery.
Shipper's Export Declaration (SED)
A document required for shipments leaving the United States that provides key information about the exporter consignee cargo value and destination.
Shipper's Letter of Instruction (SLI)
A document provided by the exporter to the freight forwarder that outlines shipment details special handling instructions and required documentation.
Shipping Manifest
A comprehensive document that lists all the cargo loaded onto a specific vessel aircraft or truck.
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