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NVOCC stands for "Non-Vessel Operating Common Carrier." a) True b) False
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NVOCC stands for "Non-Vessel Operating Common Carrier."

a) True
b) False

User Ritmatter
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1 Answer

5 votes

Final answer:

The statement is true. NVOCC stands for Non-Vessel Operating Common Carrier. It refers to a company or individual that offers shipping and logistics services but does not own any vessels.

Step-by-step explanation:

The statement is true. NVOCC stands for Non-Vessel Operating Common Carrier. It refers to a company or individual that offers shipping and logistics services but does not own any vessels. Instead, they act as intermediaries between customers and shipping lines to arrange the transportation of goods.

User Pzp
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