| Rag
Top |
A slang
term for an open-top trailer or container with a tarpaulin cover. |
| Rail
Division |
The amount
of money an ocean carrier pays to the railroad for overland carriage. |
| Rail
Grounding |
The time
that the container was discharged (grounded) from the train. |
| Ramp |
Railroad
terminal where containers are received or delivered and trains loaded or discharged.
Originally, trailers moved onto the rearmost flatcar via a ramp and driven into position
in a technique known as "circus loading." Most modern rail facilities use
lifting equipment to position containers onto the flatcars. |
| Ramp-to-Door
|
A movement
where the load initiates at an origin rail ramp and terminates at a consignee's door. |
| Ramp-to-Ramp |
A movement
of equipment from an origin rail ramp to a destination rail ramp only. |
| Rate
Basis |
A formula
of the specific factors or elements that control the making of a rate. A rate can be based
on any number of factors (i.e., weight, measure, equipment type, package, box, etc.). |
| Reasonableness |
Under ICC
and common law, the requirement that a rate not be higher than is necessary to reimburse
the carrier for the actual cost of transporting the traffic and allow a fair profit. |
| Rebate |
An illegal
form of discounting or refunding that has the net effect of lowering the tariff price. See
also Malpractice. |
| Reconsignment |
Changing
the consignee or destination on a bill of lading while shipment is still in transit.
Diversion has substantially the same meaning. |
| Recourse |
A right
claim against the guarantors of a loan or draft or bill of exchange. |
| Red
Label |
A label
required on shipments of flammable articles. |
| Reefer |
Refrigerated
container. |
| Related
Points |
A group of
points to which rates are made the same as or in relation to rates to other points in
group. |
| RFQ |
Request for
quotation. |
| Relay |
To transfer
containers from one ship to another when both vessels are controlled by the same network
(carrier) manager. |
| Remittance |
Funds sent
by one person to another as payment. |
| Restricted
Articles |
Articles
handled only under certain conditions. |
| Revenue
Ton (RT) |
A ton on
which the shipment is freighted. If cargo is rated as weight or measure (W/M), whichever
produces the highest revenue will be considered the revenue ton. Weights are based on
metric tons and measures are based on cubic meters. RT=1 MT or 1 CBM. |
| Reverse
IPI |
An inland
point provided by an all water carrier's through bill of lading in the U.S. by first
discharging the container in an East Coast port. |
| "Ro/Ro" |
A
shortening of the term, "Roll On/Roll Off." A method of ocean cargo service
using a vessel with ramps which allows wheeled vehicles to be loaded and discharged
without cranes. |
| Roll |
To re-book
cargo to a later vessel. |
| Rolling |
The
side-to-side (athwartship) motion of a vessel. |
| Route |
The manner
in which a shipment moves; i.e., the carriers handling it and the points at which the
carriers interchange. |
| Running
Gear |
Complementary
equipment for terminal and over the road handling containers. |
| RVNX |
Abbreviation
for "Released Value Not Exceeding." Usually used to limit the value of goods
transported.The limitation refers to carrier liability when paying a claim for lost or
damaged goods. |
