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OCEAN BILL OF LADING

See Bill of Lading.

OFF-ROUTE POINTS

Points located off regular route highways of line-haul carriers, generally served only on irregular schedules.

OFFICE OF ANTI-BOYCOTT COMPLIANCE

Responsible for implementing the anti-boycott provisions of Export Administration Regulations. This office performs three main functions:
1) enforcing regulations;
2) assisting the public in anti- boycott compliance;
3) compiling and analyzing information regarding international boycotts. (USA)

OFFICE OF NONPROLIFERATION CONTROLS AND TREATY COMPLIANCE

The office in Export Administration responsible for administering the Department’s multilateral export control responsibilities under the Nuclear Suppliers Group, the Missile Technology Control Regime and the “Australia Group.”

OFFICE OF NUCLEAR & MISSILE OFFICE OF DEFENSE TRADE CONTROL

The office at the Department of State that administers licenses, defense services, and defense (munitions) articles. (USA)

OFFICE OF ENFORCEMENT ANALYSIS

The central point for the collection, research analysis of classified and unclassified data bases relative to end-users of export control concern. (USA)

OFFICE OF EXPORT ENFORCEMENT

Responsible for investigating violations to the Export Administration Regulations and violations of the Fastener Quality Act; apprehending violators; and working with BXA’s Office of Chief Counsel, U.S. Attorneys, and other officials in the prosecution of violators. (USA)

OFFICE OF EXPORTER SERVICES

The office in Export Administration responsible for counseling exporters, conducting export control seminars, and drafting and publishing changes to the Export Administration Regulations. (USA)

OFFICE OF FOREIGN ASSETS CONTROL

Part of the Department of the Treasury responsible for blocking assets of foreign countries subject to economic sanctions, controlling participation by U.S. persons, including foreign subsidiaries, in transactions with specific countries or nationals of such countries, and administering embargoes on certain countries or areas of countries. (USA)

OFFICE OF STRATEGIC INDUSTRIES & ECONOMIC SECURITY

The office in Export Administration responsible for implementing programs to ensure that U.S. Defense industries can meet national security requirements, for facilitating diversification of U.S. Defense related industries into civilian markets, and for promoting the conversion of military enterprises in Newly Independent States to civilian application. (USA)

OFFICE OF STRATEGIC TRADE & FOREIGN POLICY CONTROLS

The office in Export Administration responsible for implementing the multilateral export controls under the Wassenaar Arrangement; an agreement that deals with conventional arms and related dual-use items. (USA)

OFFICE OF TECHNOLOGY CONTROLS

An agency responsible for all export control policy issues relating to the Nuclear Suppliers Group and the Missile Technology Control Regime. (USA)

OPEN INSURANCE POLICY

A marine insurance policy that applies to all shipments made by an exporter over a period of time rather than to one shipment only.

OPERATING AUTHORITY

Route points, and types of traffic that may be served by a carrier. Authority is granted by federal, state or local regulatory agencies.

OPERATING COMMITTEE

The interagency working group, chaired by the Bureau of Export Administration, which reviews license applications that are in dispute among reviewing agencies and that have gone beyond established licensing time frames. (USA)

OPERATING RATIO

Comparison of carrier's operating expenses with gross receipts: income divided by expenses.

ORIGINAL EQUIPMENT MANUFACTURER

Firms, which either make minor modifications or add value to purchased items before resale, or incorporate purchased items into a new end product. These firms are normally classified as resellers.

OVER, SHORT AND DAMAGED

Report issued at warehouse when goods are missing, counted improperly or damaged. Used to file a claim with a carrier.

OVERAGE

Freight in excess over quantity believed to have been shipped, or more than quantity shown on shipping document.

OVERCHARGE

To charge more than the proper amount as published in the tariff.

OWNER'S RISK

When the owner of goods remains responsible during shipping and relieves the carrier of partial risk.

OWNER-OPERATORS

Drivers who own or operate their own trucks.