Non Vessel Operating Common Carrier

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Non Vessel Operating Common Carrier

A company that ships goods on behalf of a client, especially internationally, but that does not own its own ships or airplanes. It operates much like any other carrier, issuing its own bills of lading or air waybills. The only difference is that an NVOCC does not own the means of transport. An NVOCC is also called a non vessel owning carrier.
References in periodicals archive ?
Through the app, customers will also have access to the company's non-vessel operating common carrier voyage schedules
Robinson is a top non-vessel operating common carrier (NVOCC) from Asia to the U.
Serving primarily as a Non-Vessel Operating Common Carrier (NVOCC), the company provides ocean, land, and air freight transportation, customs brokerage, and warehouse solutions.
Christensen: The report suggests that logistics managers can mitigate the risks related to financial distress amongst the carriers by closely monitoring the health of their providers, contracting with groups of carriers representing diverse alliances (as opposed to over-consolidating their volume with just a few carriers or alliances), and keeping at least one non-vessel operating common carrier in their provider base.
Christensen: The report suggests that supply chain managers can mitigate the risks related to financial distress amongst the carriers by closely monitoring the health of their providers, contracting with groups of carriers representing diverse alliances (as opposed to over-consolidating their volume with just a few carriers or alliances), and keeping at least one non-vessel operating common carrier in their provider base.
To buttress its US-centred interests, ECU-Line has just acquired Econocaribe Consolidators, a non-vessel operating common carrier, through a $50 million deal.
OSI is a non-vessel operating common carrier (NVOCC), fully bonded and licensed and accredited by the Federal Maritime Commission (FMC) and offers a large array of economical solutions to its customers in need of relocation services.
During the open session of the meeting, Commissioners were briefed on the recently concluded US-Japan Maritime Bilateral Discussions that were held in Washington, DC; and, the Foreign-based Non-Vessel Operating Common Carrier (NVOCC) Registration Renewal Process.
The new service, named NDX, will not only bolster Milaha Maritime & Logistics' feeder commitment to the Indian market, but also increase Milaha's presence in non-vessel operating common carrier (NVOCC) activities.
CaroTrans, a leading non-vessel operating common carrier (NVOCC) and ocean freight consolidator, and its Middle East alliance partner Consolidated Shipping Services have announced a successful first year marked by 40 per cent volume growth.
With 24 members in more than 61 countries and over 3,600 employees, the WorldWide Alliance brings together the world's leading neutral non-vessel operating common carrier NVOCCs to provide international transportation solutions - under one umbrella.
Additionally, VI Cargo serves the island of St Croix in the US Virgin Islands and is a non-vessel operating common carrier (NVOCC) and its base will remain in St Croix and it will operate as a separate brand.