What is AMS?

It is the advanced declaration of cargo vessel manifest information to US Customs, previously only required 48 hours before arrival first USA calling port.

Why 24 hour advance filing ?

US Customs hopes that with the advanced notification they will be able to reject shipment at origin before allowing them to physically call the USA and so to reduce the risk of future terrorist attacks on the USA thru commercial channels.

What are Inconterms?

Incoterms or International commercial terms:  are the thirteen terms of sale accepted worldwide in assignment of costs and responsibilities between the buyer and the seller. Proposed, updated, and copyrighted by the International Chamber Of Commerce (ICC), they serve as global standards for uniform interpretation of common contract clauses in international trade. The last revision (1999) is named ‘INCOTERMS 2000.’ In brief these terms are:

  1. C&F (Cost And Freight)
  2. CIF (Cost, insurance, And Freight)
  3. Delivered At Frontier
  4. Delivered Duty Paid
  5. Ex quay
  6. Ex ship
  7. Ex works
  8. FAS (Free Alongside Ship)
  9. FOB (Free On Board)
  10. FOB Airport
  11. FOR/FOT (Free On Rail/Free On Truck)
  12. Free carrier
  13. Free Carriage Paid To and Free Carriage Paid To And insurance

What is GRI?

General Rate Increase (GRI) occurs when a carrier announces an increase in base
ocean freight rates within a given trade lane.