Geniemove >> Glossary of shipping terms >> Auto transport glossary
Auto Transport Glossary
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 allwater 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 overtheroad 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.