Jacket Jacob's Ladder Jettison JIT Joint Rate

Jacket

A wood or fiber cover placed around such containers as cans and bottles.

 

Jacob's Ladder

A rope ladder suspended from the side of a vessel and used for boarding.

 

Jettison

Act of throwing cargo or equipment (jetsam) overboard when a ship is in danger.

 

JIT

Abbreviation for "Just In Time." In this method of inventory control, warehousing is minimal or nonexistent; the container is the movable warehouse and must arrive "just in time;" not too early nor too late.

 

Joint Rate

A rate applicable from a point on one transportation line to a point on another line, made by agreement and published in a single tariff by all transportation lines over which the rate applies.