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E.T.A.:
The Estimated Time of Arrival.

E.T.D.:
The Estimated Time of Departure.

Economic order quantity (EOQ):
An inventory model that determines how much to order by determining the amount that will minimize total ordering and holding costs.

Economy of Scale:
The lowering of costs with added output due to allocation of fixed costs over more units.

EDI:
See Electronic Data Interchange.

EDI Interchange:
Communication between partners in the form of a structured set of messages and service segments starting with an interchange control header and ending with an interchange control trailer. In the context of X.400 EDI messaging, the contents of the primary body of an EDI message.

EDIFACT:
EDI for Administration Commerce and Transport.

Efficient consumer response (ECR):
A customer-driven system where distributors and suppliers work together as business allies to maximize consumer satisfaction and minimize cost.

Electronic data interchange (EDI):
Computer-to-computer communication between two or more companies that such companies can use to generate bills of lading, purchase orders, and invoices.  It also enables firms to access the information systems of suppliers,

Electronic data interchange (EDI):
Customers, and carriers and to determine the up-to-the-minute status of inventory, orders, and shipments.

Embargo:
A prohibition upon exports or imports, either with specific products or specific countries.

End User:
The final buyer of the product who purchases the product for immediate use.

Enroute:
A term used for goods in transit or on the way to a destination.

Enterprise Resource Planning (ERP):
A cross-functional/regional planning process supporting regional forecasting, distribution planning, operations centers planning, and other planning activities. ERP provides the means to plan, analyze, and monitor the flow of demand/supply alignment and to allocate critical resources to support the business plan.

Entry Form:
The document that must be filed with Customs to obtain the release of imported goods and to allow collection of duties and statistics. Also called a Customs Entry Form or Entry.

Equipment:
The rolling stock carriers use to facilitate the transportation services that they provide, including containers, trucks, chassis, vessels, and airplanes, among others.

Equipment I.D.:
An identifier assigned by the carrier to a piece of equipment. See also Container ID.

Equipment Positioning:
The process of placing equipment at a selected location.

ERP:
See
Enterprise Resource Planning.

Ex Works:
The price that the seller quotes applies only at the point of origin. The buyer takes possession of the shipment at the point of origin and bears all costs and risks associated with transporting the goods to the destination.

Exception Rate:
A deviation from the class rate; changes (exceptions) made to the classification.

Exclusive Patronage Agreements:
A shipper agrees to use only a conference's member liner firms in return for a 10 to 15 percent rate reduction.

Exclusive Use:
Vehicles that a carrier assigns to a specific shipper for its exclusive use.

Exempt Carrier:
A for-hire carrier that is exempt from economic regulations.

Expediting:
Determining where an in-transit shipment is and attempting to speed up its delivery.

Expert System:
A computer program that mimics a human expert.

Export:
To send goods and services to another country.

Export Broker:
An enterprise that brings together buyer and seller for a fee, then eventually withdraws from the transaction.

Export Declaration:
A document required by the U.S. Treasury department and completed by the exporter to show the value, weight, consignee, destination, etc., pertinent to the export shipment. The document serves two purposes: to gather trade statistics and to provide a control document if the goods require a valid export license.

Export License:
A document secured from a government authorizing an exporter to export a specific quantity of a controlled commodity to a certain country. An export license is often required if a government has placed embargoes or other restrictions upon exports.

Export Management Company:
A private firm that serves as the export department for several manufacturers, soliciting and transacting export business on behalf of its clients in return for a commission, salary, or a retainer plus commission.

Export Sales Contract:
The initial document in any international transaction; it details the specifics of the sales agreement between the buyer and seller.

Export Trading Company:
A firm that buys domestic products for sale overseas. A trading company takes title to the goods; an export-management company usually does not.

Exporter Identification Number (EIN):
A number required for the exporter on the Shipper's Export Declaration. A corporation may use their Federal Employer Identification Number as issued by the IRS; individuals can use their Social Security Numbers.

 

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