| P&I
|
Abbreviation
for "Protection and Indemnity," an insurance term. |
| Packing
List |
Itemized
list of commodities with marks/numbers but no cost values indicated. |
| PADAG |
Abbreviation
for "Please Authorize Delivery Against Guarantee." A request from the consignee
to the shipper to allow the carrier or agent to release cargo against a guarantee, either
bank or personal. Made when the consignee is unable to produce original bills of lading. |
| Paired
Ports |
A U.S.
Customs program wherein at least two designated Customs ports will enter cargo that
arrives at either port without the necessity of an in-bound document. |
| Pallet |
A platform
with or without sides, on which a number of packages or pieces may be loaded to facilitate
handling by a lift truck. |
| Paper
Ramp |
A technical
rail ramp, used for equalization of points not actually served. |
| Paper
Rate |
A published
rate that is never assessed because no freight moves under it. |
| Parcel
Receipt |
An
arrangement whereby a steamship company, under rules and regulations established in the
freight tariff of a given trade, accepts small packages at rates below the minimum bill of
lading, and issues a parcel receipt instead of a bill of lading. |
| Partial
Shipments |
Under
letters of credit, one or more shipments are allowed by the phrase "partial shipments
permitted." |
| Particular
Average |
See
Insurance, Particular Average. |
| Payee |
A party
named in an instrument as the beneficiary of the funds. Under letters of credit, the payee
is either the drawer of the draft or a bank. |
| Payer |
A party
responsible for the payment as evidenced by the given instrument. Under letters of credit,
the payer is the party on whom the draft is drawn, usually the drawee bank. |
| Per
Diem |
A charge,
based on a fixed daily rate. |
| Perils
of the Sea |
Those
causes of loss for which the carrier is not legally liable. The elemental risks of ocean
transport. |
| Phytosanitary
Inspection Certificate |
A
certificate issued by the U.S. Department of Agriculture to satisfy import regulations of
foreign countries; indicates that a U.S. shipment has been inspected and found free from
harmful pests and plant diseases. |
| Pickup |
The act of
calling for freight by truck at the consignor's shipping platform. |
| Pier |
The
structure perpendicular to the shoreline to which a vessel is secured for the purpose of
loading and unloading cargo. |
| Pier-to-House |
A shipment
loaded into a container at the pier or terminal, thence to the consignee's facility. |
| Pier-to-Pier
|
Containers
loaded at port of loading and discharged at port of destination. |
| Piggy
Packer |
A mobile
container-handling crane used to load/unload containers to/from railcars. |
| Piggyback |
A
transportation arrangement in which truck trailers with their loads are moved by train to
a destination. Also known as Rail Pigs. |
| Place
of Delivery |
Place where
cargo leaves the care and custody of carrier. |
| Place
of Receipt |
Location
where cargo enters the care and custody of carrier. |
| Plimsoll
Mark |
A series of
horizontal lines, corresponding to the seasons of the year and fresh or saltwater, painted
on the outside of a ship marking the level which must remain above the surface of the
water for the vessel's stability. |
| POD |
Abbreviation
for:
- Port of Discharge.
- Port of Destination.
- Proof of Delivery. A document required from the carrier or driver for proper payment. |
| Point
of Origin |
The place
at which a shipment is received by a carrier from the shipper. |
| POL |
Abbreviation
for:
- Port of Loading.
- Petroleum, Oil, and Lubricants. |
| Pomerene
Act, Also known as (U.S.) Federal Bill of Lading Act of 1916. |
U.S.
federal law enacting conditions by which a B/L may be issued. Penalties for issuing B/L's
containing false data include monetary fines and/or imprisonment. |
| Port |
- Harbor
with piers or docks.
- Left side of a ship when facing forward.
- Opening in a ship's side for handling freight. |
| Port
of Call |
Port where
a ship discharges or receives traffic. |
| Port
of Entry |
Port where
cargo is unloaded and enters a country. |
| Port
of Exit |
Place where
cargo is loaded and leaves a country. |
| Pratique
Certificate |
Lifts
temporary quarantine of a vessel; granted pratique by Health Officer. |
| Pre-cooling
|
A process
employed in the shipment of citrus fruits and other perishable commodities. The fruit is
packed and placed in a cold room from which the heat is gradually extracted. The boxes of
fruit are packed in containers that have been thoroughly cooled and transported through to
destination without opening the doors. |
| Prepaid
(Ppd.) |
Freight
charges paid by the consignor (shipper) prior to the release of the bills of lading by the
carrier. |
| Pro
Forma |
A Latin
term meaning "For the sake of form." |
| Pro
Forma Invoice |
An invoice
provided by a supplier prior to the shipment of merchandise, informing the buyer of the
kinds and quantities of goods to be sent, their value, and specifications (weight, size,
etc.). |
| Pro
Rata |
A Latin
term meaning "In proportion." |
| Project
Rate |
Single
tariff item, established to move multiple commodities needed for a specified project,
usually construction. |
| Public
Service Commission |
A name
usually given to a State body having control or regulation of public utilities. |
| Publishing
Agent |
Person
authorized by transportation lines to publish tariffs or rates, rules, and regulations for
their account. |
| Pulp
Temperature |
Procedure
where carrier tests the temperature of the internal flesh of refrigerated commodities to
assure that the temperature at time of shipment conforms to prescribed temperature ranges. |
| Pup |
A short
semi-trailer used jointly with a dolly and another semi-trailer to create a twin trailer. |