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Hh
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| Hallmark |
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An impression made on gold and silverware introduced in the beginning of the fourteenth century in England to identify the quality of the metal used. |
| Harbor Fees |
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Charges assessed to users for use of a harbor, used generally for maintenance of the harbor.
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| Harbor Master |
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An officer who attends to the berthing, etc. of ships in a harbor. |
| Hard Loan |
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A foreign loan that must be paid in hard money. |
| Hard Money |
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Currency of a nation having stability in the country and abroad. |
| Harmonized System (HS) |
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A multipurpose international goods classification system designed to be used by manufacturers, transporters, exporters, importers, customs, statisticians, and others in classifying goods moving in international trade under a single commodity code. |
| Harmonized Tariff Schedule Of The United States |
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An organized listing of goods and their duty rates which is used by U.S. Customs as the basis for classifying imported products and therefore establishing the duty to be charged and providing the U.S. Census with statistical information about imports and exports. |
| Harter Act |
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Legislation protecting a ship's owner against claims for damage resulting from the behavior of the vessel's crew, provided the ship left port in proper condition. |
| Hatch |
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The opening in the deck of a vessel witch gives access to the, cargo hold. |
| Haulage |
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The local transport of goods. Also the charge(s) made for hauling freight on carts, drays or trucks. Also called cartage or drayage. |
| Hazardous Materials |
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A substance or material which has been determined by the U.S. Secretary of Transportation to be capable of posing an unreasonable risk to health, safety, and property when transported in commerce and which has been so designated. |
| Heavy Lift |
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Articles too heavy to be lifted by a ship's tackle. |
| Heavy Lift Charge |
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A charge made for lifting articles too heavy to be lifted by a ship's tackle. |
| Heavy Lift Vessel |
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A vessel with heavy lift cranes and other equipment designed to be
self-sustaining in the handling of heavy cargo. |
| Hedge |
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To offset. |
| Hedge Ratio |
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The amount of an underlying instrument or the number of options which are needed to hedge a covered option. |
| High Density |
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The compression of flat or standard bales of cotton to high density of approximately 32 pounds. |
| Hitchment |
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The combination of portions of a shipment with different geographical
origins that move under one bill of lading from shipper to consignee. |
| Hold |
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The space below deck in a vessel used to carry cargo. |
| Hold For Pickup |
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Freight to be held at the carrier's destination location for pickup by the recipient. |
| Hold Harmless Contract |
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An agreement by which one party accepts responsibility for all damages and other liability that arise from a transaction, relieving the other party of any such liability. |
| Honor |
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To pay or to accept a draft complying with the terms of credit. |
| Horizontal Export Trading Company |
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An export trading company which exports a range of similar or identical products supplied by a number of manufacturers or other producers. |
| House Air Waybill |
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A bill of lading issued by a freight forwarder for consolidated air freight shipments. |
| House-To-House |
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A term usually used to indicate a container yard to container yard shipment. |
| Hub And Spoke Routing |
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Aircraft routing service pattern that feeds traffic from many cities into a central hub designed to connect with other flights to final destinations. The system maximizes operating flexibility by connecting many markets through a central hub with fewer flights than would be required to connect each pair of cities in an extensive system. |
| Hull |
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The outer shell of a vessel. |
| Hump |
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"That part of a rail track which is elevated so that when a car is pushed up on "the hump" and uncoupled it runs down the other side by gravity." |
| Hundredweight Pricing |
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Special pricing for multiple-piece shipments traveling to one destination which are rated on the total weight of the shipment as opposed to rating on a per package basis. |