
Actual
Payload: Actual weight of commodity
being transported (actual gross weight minus tare weight.
Ad
Hoc: Latin phrase meaning "for this"; in business used to
indicate a single end or purpose, a onetime application e.g.,
an ad hoc investigating committee.
Ad
Valorem: Latin phase meaning "according to value"; freight
rates set at a certain fixed percentage of the value of articles,
e.g., the wholesale price of the articles, are known as ad valorem
rates.
Advice
of Shipment: Notice to local or foreign buyer that shipment
has occurred with details of packing, routing, etc; a copy of
invoice is usually enclosed and sometimes a copy of the bill
of lading.
Afloat:
Commodities underway in water transit, either actually aboard
vessels at sea or in port but yet unloaded.
Agent:
1) A person authorized to transact business for and in the
name of another; 2) a broker.
Audit
Trail: 1) Path generated by a fully processed business transaction-includes
original entry; transaction listing, file posting and report;
2) management controls that document acceptance, handling and
movement of materials through a warehouse; 3) verifying summary
account balances by analysis/inspection of underlying source
documents and transaction records.
Authority:
Operating rights granted by a motor carrier by the Interstate
Commerce Commission.
Barge:
The cargo-carrying vehicle used primarily by inland water carriers.
The basic barges have open tops, but there are covered barges
for both dry and liquid cargos.
Barrel:
Container of cylindrical shape made of wood, aluminum or steel
which is longer than it is wide and has ends with equal diameters.
Barter:
To exchange goods or services without the use of money.
Bay:
Area in a warehouse outlined by markings on columns or posts
or floor to show specific boundaries; e.g., a 20-foot square.
Beam:
Greatest width of a shipıs structure.
Box:
1) Slang term for trailer or container for ocean carriers;
2) slang term used for truck transmissions.
Boxcar:
An enclosed railcar typically 40 to 50 feet long; used for packaged
freight and some bulk commodities.
Bracing:
Securing a shipment inside a carrierıs vehicle to prevent damage.
Breakbulk:
1) To unload, sort and reload some/all the contents of a vehicle
in transit; 2) to reduce a large shipment of a single commodity
to many small shipments that are then dispersed to various buyers.
Broker:
1) Agent who arranges interstate movement of goods by other
carriers; 2) arranger of exempt loads for owner-operators and/or
carriers; 3) one who arranges the buying/selling of goods for
a commission; 4) person who leases owned equipment to a carrier;
5) solicitor of insurance who places orders for coverage with
companies designated by the insured or with companies of his
choosing.
Bulk
Carrier: Vessel engaged in carriage of bulk commodities
like petroleum, grain, or ore which are not packaged, bundled,
or otherwise packed.
Bulkhead:
1) Upright wall in trailer or rail car that separates and stabilizes
a load; 2) cargo-restraining partition in a vehicle or vessel.
Cargo:
Freight transported in a vehicle.
Carrier:
Individual, partnership or corporation engaged in the business
of transporting goods or passengers, in most cases for a fee.
Cartage:
1) Charge for pickup/delivery of goods; 2) act of moving goods
(usually short distances).
Cellular
Vessel: Ship constructed for transportation of containers
stacked on top of each other in verticle guide shafts, no general
freight is carried.
Chock:
A piece of wood or other material placed at the side of
cargo to prevent it from rolling about or moving sideways.
Common
Carrier: Any carrier engaged in the interstate transportation
of persons/property on a regular schedule at published rates
and whose services are available to the general public on a
for-hire basis; regulated by the Interstate Commerce Commission.
Consign:
1) Deliver formally to another; 2) send goods to purchase, factor
or agent to sell.
Consignee:
Person who receives goods shipped from one owner (consignor).
Consignor:
Person or firm that ships articles to customers (consignees).
Container
Load: A loading which does not utilize the full volumetric
capacity of a container nor the maximum payload by weight and
will permit additional part loads.
Draft
(Vessel): Depth of water necessary to float vessel.
ETA:
Estimated time of arrival.
FDA:
Food and Drug Adminis-tration.
FOB:
Free on board.
Fair
Market Value: sum that sale of article would bring under
ordinary market conditions.
Flatbed:
Trailer with level bed and no sides or tops.
FOB
Destination: Freight cost paid to point of destination,
title transfers at destination.
FOB
Factory: Title to goods and transportation responsibility
transfers from seller to factory.
FOB
Vessel: Title/transportation costs transfer after goods
are delivered on vessel, all export taxes/costs involved in
overseas shipments area assessed to buyer.
Forklift:
Freight/materials handling vehicle used in loading/unloading
heavy freight.
Free
on Board (FOB): Loaded abroad carrierıs vehicle at point
where responsibility for risk/expense passes from seller to
buyer, e.g., FOB Detroit.
General
Cargo: Term applying to shipıs loading comprising a variety
of goods/articles and not confined to a single commodity.
Gross
Weight: The combined weight of a container, its payload
and any other loose internal fittings.
Intermodal Transportation: Using more than one mode to
deliver shipment, e.g., trailer on flatcar (TOFC) or container
on flatcar (COFC).
Interstate: Literally means between states, applies to
transportation of goods/persons from point in one state to point
in another, between point in same state but passing within/through
another state enroute, between points in United States and foreign
countries.
Knot-unit
of speed: Nautical mile per hour.
Liner: Ocean vessel engaged in carriage of general cargo
(including passengers) along definite route on fixed schedule.
Longshoreman:
Person employed on wharves of port to load/unload vessels.
Maritime:
Commerce/navigation at sea or in seaports.
Pier:
The structure to which a vessel is secured for the purpose
of loading and unloading cargo.
Pilot:
Person whose duty is to steer ships, particularly along
coasts, or into/out of harbor.
Port:
A harbor or haven where ships may anchor, or that side of the
vessel on the left hand of a person who stands on board facing
the bow (front) of the vessel.
Port
Authority: A state or local government that owns, operates,
or otherwise provides wharf, dock, and other terminal investments
at ports.
Roll-On/Roll-Off
(RO/RO): Feature in specially constructed vessel permitting
road vehicles to drive on/off vessel in loading/discharging
ports.
Route:
1) Course/direction that shipment moves; 2) to designate course
direction shipment shall move; 3) carrier(s) with junction points
over which shipment moves.
Stevedore:
Person having charge of loading/unloading of ships.
Tariff
(Transportation): Printed price list issued by carrier showing
transportation charges.
TEU:
Twenty-foot equivalent unit (6.10 m). A standard unit for
counting containers of various lengths and for describing the
capacities of container ships or terminals. One standard, 40-foot,
ISO Series 1 container equals 2 TEUs.
Ton: Long ton, 2240 pounds; short ton, 2000 pounds; metric
ton, 2204.62 pounds.
Vessel:
Generally, craft used or intended to be used as means of
transportation by water.
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