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Ocean Freight
3 Lessons
NVOCC Tariffs and Service Agreements
Understand FMC requirements for NVOCC operation, including the differences for U.S.-based vs. foreign-based NVOCCs, and the tariff publication strategies.
Learn about NVOCC Service Arrangements (NSAs), including required information, terms, documentation, and how they relate to NVO-to-VOCC service contracts.
Recognize the meaning, benefits, and requirements of a Negotiated Rate Arrangement (NRA), including its use in co-loading and record-keeping obligations.
Understand why shippers and forwarders prefer using NVOCCs for LCL shipments, and how NVOCCs add value and compete with VOCCs.
Recognize the factors influencing NVOCC freight rates, the essential information required for shipment quotations, and the mutual benefits of NVOCC Service Arrangements (NSAs) and Negotiated Rate Arrangements (NRAs).
Learn about the scope and options for NVO transportation, focusing on the planning, scheduling, and cargo acceptance for both LCL and FCL shipments.
Cargo Acceptance and Delivery: Place, Dates, B/L, Rate Basis
Understand how the place of cargo acceptance and delivery are specified on B/L instructions and the issued B/L, and the meaning of codes like “CY” and “CFS.”
Learn about door-to-door cargo transportation B/Ls, service/tariff codes (traditional vs. ISA), and the significance of cargo acceptance, on-board, and issue dates on a B/L.
Recognize the meaning of ” clean on-board” and understand the relationship between U.S. export license expiry, B/L dates, and export customs requirements.
Understand the general characteristics and special requirements for ocean cargo bookings, including handling dangerous goods and cargo requiring specific stowage.
Recognize the processes for standing bookings, service contracts, and booking revisions due to changes in cargo volume, weight, and characteristics.
Differentiate between booking cancellations, no-shows, and acceptable vs. unacceptable booking rollovers.
Learn how to ensure booking acceptance, including EDI booking confirmation procedures and review checklist.