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FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
Federal courts have jurisdiction over maritime law. The United States Shipping Board was created in 1916. The Merchant Marine Act of 1920 regulates maritime commerce and restricts cabotage. The Shipping Board was abolished in 1934 and replaced by the United States Maritime Commission in 1936. The Maritime Commission was replaced by the Maritime ...
A consignor, exporter, or seller (who may or may not be the same) named in the bill of lading as the party responsible for initiating a shipment. [19] Terminal A dock or hub where freight originates, terminates, or is handled in the transportation process; or a location where motor carriers maintain operating facilities. [10] Tractor
The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. [1] Incoterms define the responsibilities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various ...
The sum of the imports of the states is lower than the value of the United States' total imports. The difference results from goods originating from states of origin, returned goods and goods with unidentified states of origin. Overall, Texas has the highest export rank, while the Northern Mariana Islands has the lowest export rank.
This is a list of ports of the United States, ranked by tonnage. [1] Ports in the United States handle a wide variety of goods that are critical to the global economy, including petroleum, grain, steel, automobiles, and containerized goods. See the articles on individual ports for more information, including history, geography, and statistics.
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Title 49 of the United States Code is a positive law title of the United States Code with the heading "Transportation.". The title was enacted into positive law by Pub. L. 95–473, § 1, October 17, 1978, 92 Stat. 1337; Pub. L. 97–449, § 1, January 12, 1983, 96 Stat. 2413; and Pub. L. 103–272, July 5, 1994, 108 Stat. 745 (subtitles II, III, and V-X)