| Earnings |
Income after a company's taxes and all other expenses have been paid. Also called profit or net income. |
| Economic Value Added (EVA) |
Measuring Shareholder value as a company's operating profits after tax, less a charge for the capital used in creating the profits. EVA is a registered trademark of Stern & Co. in the U.S. |
| EDI message |
Is an approved, published, and maintained formal description of how to structure the data required to perform a specific business function, in such a way as to allow for the transfer and handling of this data by electronic means. |
| EDI |
Electronic Data Interchange. The automated exchange of any predefined and structured data for business among information systems of two or more organisations. |
| Efficient Consumer Response (ECR) |
A consumer-driven system of replenishment in which high-quality products and accurate information flow through a paperless (EI) system between all distribution points from manufacturing line to checkout counter. |
| EIR |
Equipment Interchange Receipt. A document used to receive or deliver a full or empty container/chassis at any terminal or inland container pool/depot. |
| Electronic Funds Transfer (EFT) |
Payment for goods or services via exchanges of electronic authorizations against bank accounts. Authorization is sent to an Automated Clearing House (usually a bank), which verifies the source of the transaction as having control over the accounts and performs the fund transfer. |
| Equalization |
(1)Monetary allowance to a customer for picking up or delivering cargo to or from a point which is not the origin/destination shown on the B/L. (2)Compensation for additional charges incurred by shipper for delivering cargo to port designated by the carrier other than the closest port to the supplier. |
| ETA |
Estimated Time of Arrival |
| ETD |
Estimated Time of Departure |
| Export Declaration |
(1)Government document permitting designated goods to leave the country. Issued by U.S. Dept. of Commerce. Includes complete particulars on the shipment. Although customers can submit their declarations themselves to U.S. Customs, the carrier is still responsible for penalties if the documentation is not available by the time a vessel is "cleared" by Customs for sailing. aka ex-dec, SED (Shipper's Export Declaration).
(2)Shippers need to obtain a Bureau of Census document which spells out shipment details for entry to government statistical system. Documents for export shipping declaring value of cargo to the U.S. Customs. |
| Extra Loader |
Additional vessel brought into schedule to cope with exceptionally strong market |
| EXW |
Ex Works. Buyer receives the cargo directly from the factory and thereafter arranges shipment, insurance and other related services themselves. |
