| Validated
Export License |
|
| A
document issued by the U.S. government; authorizes the export
of commodities for which written authorization is required by
law. |
|
| Validation |
|
| Authentication
of B/L and when B/L becomes effective. |
|
| Vanning |
|
| A
term for stowing cargo in a container. |
|
| Variable
Cost |
|
| Costs
that vary directly with the level of activity within a short
time. Examples include costs of moving cargo inland on trains
or trucks, stevedoring in some ports, and short-term equipment
leases. For business analysis, all costs are either defined as
variable or fixed. For a business to break even, all fixed
costs must be covered. To make a profit, all variable and
fixed costs must be recovered plus some extra amount. |
|
| Ventilated
Container |
|
| A
container designed with openings in the side and/or end walls
to permit the ingress of outside air when the doors are
closed. |
|
| Vessel
Manifest |
|
| The
international carrier is obligated to make declarations of the
ship's crew and contents at both the port of departure and
arrival. The vessel manifest lists various details about each
shipment by B/L number. Obviously, the B/L serves as the core
source from which the manifest is created. |
|
| Vessel
Supplies for Immediate Exportation (VSIE) |
|
| Allows
equipment and supplies arriving at one port to be loaded on a
vessel, aircraft, etc., for its exclusive use and to be
exported from the same port. |
|
| Viz. |
|
| Namely.
Used in tariffs to specify commodities. |
|
