Shipping Terms Glossary
Search from a comprehensive list of commonly used shipping terms used in the freight logistics and transportation industry.
W.T.L.
Western Truck Lines.
War Risk
Insurance coverage for loss of goods resulting from any act of war.
Warehouse
A place for the reception, delivery, consolidation, distribution, and storage of goods/cargo.
Warehouse Entry
Document that identifies goods imported when placed in a bonded warehouse. The duty is not imposed on the products while in the warehouse but will be collected when they are withdrawn for delivery or consumption.
Warehouse Withdrawal for Transportation (WDT)
Allows merchandise that has been withdrawn from a bonded warehouse at one port to be transported in bond to another port, where a superseding entry will be filed.
Warehouse Withdrawal for Transportation Exportation (WDT&E)
Allows merchandise that has been withdrawn from a bonded warehouse at one port to be transported in bond through the U.S. to be exported from another port, without paying duty.
Warehouse Withdrawal for Transportation Immediate Exportation (WDEX)
Allows merchandise that has been withdrawn from a bonded warehouse at one U.S. port to be exported from the same port exported without paying duty.
Warehousing
The storing of goods/cargo.
Waybill (WB)
A document prepared by a transportation line at the point of a shipment; shows the point of the origin, destination, route, consignor, consignee, description of shipment and amount charged for the transportation service. It is forwarded with the shipment or sent by...
WCCON
Whether Cleared Customs or Not
Weight Cargo
A cargo on which the transportation charge is assessed on the basis of weight.
Weights and Measures
Measurement ton: 40 cubic ft or one cubic meter. Net ton, or short ton: 2,000 lbs. Gross ton/long ton: 2,240 lbs. Metric ton/kilo ton: 2,204.6 lbs. Cubic meter: 35.314 cubic ft.
Well Car
Also known as stack car. A drop-frame Rail flat car.
Wharfage (Whfge.)
Charge assessed by a pier or dock owner against freight handled over the pier or dock or against a steamship company using the pier or dock.
WIBON
Whether In Berth or Not.
WIFPON
Whether in Free Pratique or Not.
Windy Booking
A freight booking made by a skipper or freight forwarder to serve space but not actually having a specific cargo at the time the booking is made. Carriers often overbook a vessel by 10 to 20 percent in recognition that “windy booking” cargo will not actually ship.
WIPPON
Whether in Port or Not
Without Recourse
A phrase preceding the signature of a drawer or endorser of a negotiable instrument; signifies that the instrument is passed onto subsequent holders without any liability to the endorser in the event of nonpayment or nondelivery.
WPA
Abbreviation for “With Particular Average.”
WWD
Weather Working Days.
Yard
A classification, storage or switching area.
York-Antwerp Rules of 1974
Established the standard basis for adjusting general average and stated the rules for adjusting claims.
Zulu Time
Time based on Greenwich Mean Time.