non vessel operating common carrier (NVOCC)
Definition
US designation for a shipment consolidator or freight forwarder who does not own any vessel, but functions as a 'carrier' by issuing its own bills of lading or air waybills and assuming responsibility for the shipments.
Popular 'Shipping, Transport, & Travel' Terms
non vessel operating common carrier (NVOCC) in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/non-vessel-operating-common-carrier-NVOCC.html
