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.
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