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ULLAGE

Empty space present when a container is not full.

ULTIMATE CONSIGNEE

The person who is the true party in interest, receiving goods for the designated end-use.

UNCLAIMED FREIGHT

Freight that has not been claimed by the consignee and for which no disposition instructions have been provided by the owner.

UNIFORM COMMERCIAL CODE

A set of statutes that provides a degree of consistency among commercial laws among different states. (USA)

UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT

A United Nation sanction that promotes international trade and seeks to increase trade between developing countries and countries with different social and economic systems.

UNITED STATES & FOREIGN COMMERICAL SERVICE

An agency of the U.S. Department of Commerce that helps U.S. firms compete more effectively in the global marketplace. (USA)

UNSTUFFING

Unloading freight from a container or trailer.

U.S. CUSTOMS BONDED WAREHOUSE

A warehouse where goods are held/stored, under the control of the federal government, until import duty (if required) is paid, or goods are cleared to be released. (USA)

U.S. FLAG VESSEL

A merchant ship under U.S. registry.