clearing and forwarding definition

clearing and forwarding means the function of processing shipping documents for import or export cargo through customs control and port formalities and procedures for necessary approval by relevant authorities and includes arrangement of physical delivery of cargo to consignee or ship master;
clearing and forwarding means freight forwarding (by ocean, road or rail) or customs clearing and related functions;

Related to clearing and forwarding

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

  • Depository means The Depository Trust Company, its nominees and their respective successors.