Carrier is anyone that transports people or property for hire by any means of conveyance (land, water, air or pipeline). There are two types of carriers: common carriers and private carriers.
Common carriers offer...
transportation
carrier's lien
A carrier’s lien is defined as a type of lien that gives a security interest in shipped goods to a shipper that publicly operates a business for the transportation of goods. This lien typically arises when the shipper takes possession of the...
carrying for hire
Carrying for hire is the transferring of individuals or property for some form of payment. Carrying for hire may arise regarding insurance or liability issues where a company contracted not to be responsible for non-personal activities. There...
channels
In the context of transportation; channels are the highways, waterways, and air traffic of the country.
See also: Instrumentalities
[Last updated in July of 2022 by the Wex Definitions Team]
charter
First, a charter can be defined broadly as the highest law of an entity. More specifically:
In corporate law, the articles of incorporation. In public law, the instrument by which a municipality is incorporated (e.g., city charter...CIF
CIF is an abbreviation used for Cost, Insurance and Freight. CIF is an agreement in which the seller's quoted price includes insurance and all other costs up to a designated port of destination. The term is used in the context of maritime...
collision damage waiver
Collision damage waiver (CDW), also called car rental insurance, removes a car renter’s liability for all or some damage to a rental vehicle in an accident, similarly to collision insurance. CDW also may cover instances of theft or vandalism...
commerce
Commerce refers generally to the activity of exchanging products, goods, and services for financial gain. The word commerce usually is used to mean economic activity broadly on a national or other large scale. Commerce can be used in many...
Commerce Clause
The Commerce Clause refers to Article 1, Section 8, Clause 3 of the U.S. Constitution, which gives Congress the power “to regulate commerce with foreign nations, among states, and with the Indian tribes.”
Congress has often...
Commerce Control List
In the interest of U.S. national security, the Department of Commerce's Bureau of Industry and Security (BIS) is responsible for implementing and enforcing the Export Administration Regulations (EAR), which regulate the export and re-export...