| 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on the products while in the warehouse but will be collected when they are withdrawn for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 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merchandise that has been withdrawn from a bonded warehouse at one U.S. port to be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. |
| 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merchandise that has been withdrawn from a bonded warehouse at one port to be transported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merchandise that has been withdrawn from a bonded warehouse at one port to be transported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. |
| 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 mail
to the agent at the transfer point or waybill destination.
Abbreviation is WB. Unlike a bill of lading, a waybill is NOT a document of title. |
| WCCON |
Whether
Cleared Customso r 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. |
| W.M.
(W/M) |
Abbreviation
for "Weight or Measurement;" the basis for assessing freight charges. Also known
as "worm." The rate charged under W/M will be whichever produces the highest
revenue between the weight of the shipment and the measure of the shipment. |
| WPA |
Abbreviation
for "With Particular Average." |
| W.T.L. |
Western
Truck Lines. |
| WWD |
Weather
Working Days. |
