Logistics terms N
Negligence
Unforeseen action or precisely a failure to act that can cause injury, damage or loss.
Negotiable
In the context of freight transport, negotiable means that, for example, a bill of lading is transferred with approval to another person and the latter is thereby entitled to take possession of the goods.
Nesting
We speak of nesting when the goods are packed in material with the exact shape of the goods.
Net Manifest
Manifest with all freight details, including negotiated payouts.
Net Weight
Weight of the goods, excluding all packaging.
No Value Declared (NVD)
Notation on an air waybill indicating that the carrier has not specified a specific value for the transport of the goods. The liability of the carrier would therefore be as laid down in the law or included in the waybill.
Non-Delivery
The total or partial disappearance of the goods during transport.
Non-Disclosure
Failure of the insured to disclose certain material circumstances to the insurer before acceptance of the risk.
Non-reversible detention
With non-reversible detention, the saved days are not added to the agreed unloading time if the loading is finished earlier than expected.
NOR
The Notice of Readiness (NOR) is the document with which the master of a ship reports that his ship is ready in all respects to load and/or unload the goods. The charterer has a certain period within which the loading and unloading activities must take place; the lay days. If the number of lay days is exceeded, the charterer must pay a compensation (called demurrage) to the shipowner. Depending on the moment at which the NOR is issued, the lay days begin to count. With weather-sensitive cargo (for example grains that may not get wet), one speaks of 'weather working days'. The periods in which the weather is not suitable for loading or unloading then do not count.
NRAD
No risk after discharge or no risk after landing (N.R.L.D.), particularly in use for goods shipped to an area where it is unsettled due to political or other circumstances.
