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A-Z Dictionary of Export, Trade and Shipping Terms

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

K

Kanban
A method which during storage uses standard units or lot sizes with a single card attached toeach.

A pull system used at a stock point in which a supply batch is ordered only when a previousbatch is withdrawn.

Note: Kanban in Japanese means loosely translated 'card or sign'.

Keel
Longitudinal girder at the lowest point of a vessel from which the framework is built.
Kimbal Tag
A label containing bar coded information about product size, colour etc.
Kind of Packing
Description of the packaging material used for goods to be transported.
King Pin
The coupling pin, welded or bolted in the centre of the front underside of a semi-trailerchassis, which couples to the fifth wheel of the towing tractor or dolly convertor.
Knot
Unit of measurement for the speed (of a vessel) equal to a nautical mile (= 1852 metres) perhour.
Kyoto Convention
The convention for the International Customs Co-operation Council held in Kyoto in 1974 forthe simplification and harmonisation of national customs procedures.

On 25th of June 1999 the updated and restructured International Convention on thesimplification and harmonisation of Customs Procedures (Kyoto Convention) wasunanimously adopted by 114 customs administrations.

This convention was restructured to deal with computerised controls and to ensure better co-operation between customs authorities mutually and with trade in general.

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