Prior Or Subsequent Movement By Water

Prior Or Subsequent Movement By Water

Summary of Prior Or Subsequent Movement By Water

A domestic freight rate established exclusively to accommodate import and export traffic. To obtain the rate, the shipper (on export movements) must declare that the goods have traveled or will travel by vessel, usually without significant interruption of transit, during the course of their journey from point of shipment to point of delivery. On import movements, the consignee makes this declaration. As a rule, rates stipulating a prior or subsequent movement by water are lower than those for purely domestic movements over the same routes.

(Main Author: William J. Miller)


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