NVOCC in Trade Meaning
The NVOCC meaning in Trade terms is "Nonvessel Operating Common Carrier". There are 1 related meanings of the NVOCC Trade abbreviation.
NVOCC on Trade Full Forms
- Nonvessel Operating Common Carrier A cargo consolidator in ocean trades who buys space from a carrier and resells it to smaller shippers. The NVOCC issues bills of lading, publishes tariffs, and otherwise conducts itself as an ocean common carrier, except that it does not provide the actual ocean or intermodal service.
Frequently Asked Questions (FAQ)
What does NVOCC stand for Trade?
NVOCC stands for Nonvessel Operating Common Carrier in Trade terms.
What is the shortened form of Nonvessel Operating Common Carrier in Trade?
The short form of "Nonvessel Operating Common Carrier" is NVOCC for Trade.
Citation
NVOCC in Trade. Acronym24.com. (2021, March 22). Retrieved February 21, 2025 from https://acronym24.com/nvocc-meaning-in-trade/
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