aviation
cargo insurance
Cargo insurance (also referred to as shipping or freight insurance) is an important type of insurance for businesses and individuals who must transport goods often. The insurance provides coverage for cargo damaged during transportation, and this can be due to the fault of the policyholder’s own employees or an outside shipping provider.
carrier
Carrier is anyone that transports people or property for hire by any means of conveyance (land, water, air or pipeline). There are two types of carriers: common carriers and private carriers.
carrier's lien
A carrier’s lien is defined as a type of lien that gives a security interest in shipped goods to a shipper that publicly operates a business for the transportation of
channels
In the context of transportation; channels are the highways, waterways, and air traffic of the country.
See also: Instrumentalities
[Last reviewed in July of 2022 by the Wex Definitions Team]
charter
First, a charter can be defined broadly as the highest law of an entity. More specifically:
commerce
Commerce refers generally to the activity of exchanging products, goods, and services for financial gain. The word commerce usually is used to mean economic activity broadly on a national or other large scale. Commerce can be used in many contexts but is most commonly used by governments in their constitutions and laws to define the authority of the government to regulate commerce activity.
Commerce Clause
The Commerce Clause refers to Article 1, Section 8, Clause 3 of the U.S. Constitution, which gives Congress the power “to regulate commerce with foreign nations, among states, and with the Indian tribes.”
Commerce Control List
In the interest of U.S.