Terms Used In 46 CFR Part 532 - Nvocc Negotiated Rate Arrangements

• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Markup: The process by which congressional committees and subcommittees debate, amend, and rewrite proposed legislation.
• NRA: means a written and binding arrangement between an NRA shipper and an eligible NVOCC to provide specific transportation service for a stated cargo quantity, from origin to destination, on and after receipt of the cargo by the NVOCC. See 46 CFR 532.3
• NRA shipper: means a cargo owner, the person for whose account the ocean transportation is provided, the person to whom delivery is to be made, a shippers' association, or an ocean transportation intermediary, as defined in section 3(17)(B) of the Act (46 U. See 46 CFR 532.3
• Rate: means a price stated for providing a specified level of transportation service for a stated cargo quantity, from origin to destination, on and after a stated date or within a defined time frame. See 46 CFR 532.3
• receipt of cargo by the NVOCC: includes receipt by the NVOCC's agent, or the originating carrier in the case of through transportation. See 46 CFR 532.3
• Rules tariff: means a tariff or the portion of a tariff, as defined by 46 CFR 520. See 46 CFR 532.3