|A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
UCC - Uniform commercial code.
UCP - Abbreviation for the Uniform Customs and Practice for Documentary Credit. Published by the International Chamber of Commerce, it is the most frequently used standard for making payments in international trade. For example, paying on a Letter of Credit. It is most often referred to by its shorthand title: UCP No. 500. This revised publication reflects changes in the transportation and banking industry.
UFC - Abbreviation for Uniform Freight Classification.
U.S. Customs Bonded Warehouse - Until it's port duty (if required) is paid, federal government retain control of goods; imports, awaiting collection of dues must be stored at importer's expense in custody of warehouse willing/able to furnish bond that commodities will not be released until necessary duties are paid.
Ullage - Empty space present when cask/container is not full.
UN - United Nations
UN/DEIFACT - United Nations EDI for Administration, Commerce and Transport. EDI Standards are developed and supported by the UN for electronic message (date) interchange on an international level.
Unclaimed Freight - Cargo that has not been called for by the consignee or owner or cargo that cannot be delivered.
Undercharge - To charge less than the proper amount.
Unfair Competition - A term defining legal standards of business conduct. It provides protection against such things as simulation of trade packaging, using similar corporate and professional flames, misappropriation of trade secrets and palming off one person's goods as those of another.
Uniform Customs and Practices for Documentary Credits (UCPDC) - Rules for Letters of Credit drawn up by the Commission on Banking Technique and Practices of International Chambers of Commerce in consultation with the banking associations of many countries. Also refer to Terms of Payment.
Uniform Materiel Movement and Issue Priority System (UMMIPS) - DOD Directive 4410.6 Chap 5, Part F, specifies incremental time standards for requisition, issue, and movement of materiel for the DOD. The time standards apply to all transportation modes in peace and war and vary according to the priority and ultimate destination of the shipment.
Uniform Rules for Collection - The internationally recognized codification of rules unifying banking practices regarding collection operations for drafts, their payment or non-payment, protest and for documentary collection.
Unit Load - Packages loaded on a pallet, in a crate or any other way that enables them to be handled at one time as a unit.
Unit Train - Consists of identical railcars, permanently coupled, used for repetitive hauls until a change in routing is made.
United States Transportation Command (USTRANSCOM) - The unified command which is the DOD single manager for sea, land, and air transportation in both peace and war. USTRANSCOM controls all DOD transportation assets except those which are Service-unique or theater-assigned.
USTRANSCOM Transportation Component Commands (TCCs) - The three component commands of USTRANSCOM: Air Force Mobility Command, Navy Military Sealift Command, and Army Military Traffic Management Command. Each transportation component command remains a major command of its parent service and continues to organize, train, and equip its forces as specified by law. Each transportation component command also continues to perform service-unique missions.
Unitization - The consolidation of a quantity of individual items into one large shipping unit for easy handling; loading one or more large items or cargo onto single piece of equipment such as a pallet.
Unloading - Removal of a shipment from a container to a platform or warehouse.
Unstuffing - The unloading of a shipment from a steamship or air container. Also referred to as stripping.
U.S. Consular Invoice - A document that is required on merchandise imported into the United States.
USCG - U.S. Coast Guard, an agency of the U.S. Department of Transportation.