03 Sep

Quotation

An offer to sell goods at a stated price and under stated terms.

03 Sep

Quay

A structure attached to land to which a vessel is moored. See also Pier and Dock.

03 Sep

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...

03 Sep

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...

03 Sep

Recieving and delivery system

The receiving and delivery systems between the carrier and supplier of full container load and less than container load in container transportation include the following: 1) door to door:...

03 Sep

Reconsignment

Changing the consignee or destination on a bill of lading while shipment is still in transit. Diversion has substantially the same meaning.

03 Sep

Red Label

A label required on shipments of flammable articles.

03 Sep

Reefer

In the industry, it is the generic name for a temperature controlled container. The containers, which are insulated, are specially designed to allow temperature controlled air circulation within the...

03 Sep

Relay

To transfer goods from one ship to another of the same ownership.

03 Sep

RFQ

Request for quotation.

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