Logistics Glossary

Logistics Glossary - FreightArea.com

You can choose first vocabulary of your logistics term for filtering.

Rate basis point The major shipping point in a local area; carriers consider all points in the local area to be the rate basis point. Detay
Reconsignment A carrier service that permits a shipper to change the destination and/or consignee after the shipment has reached its originally billed destination and to still pay the through rate from origin to final destination. Detay
Reefer A container with a self-contained refrigeration unit, used for the transportation of perishable cargo. Detay
Release Approval Document to advise that goods are available for further movement or action. Detay
Return Cargo A cargo which enables a ship to return loaded to the port or area where her previous cargo was loaded. Detay
Revenue Ton A ton on which the shipment is freighted. Detay
Rolling Cargo Cargo which is on wheels, such as truck or trailers, and which can be driven or towed on to a ship. Detay
Ro-Ro Ship Freight ship or ferry with facilities for vehicles to drive on and off (roll-on roll-off); a system of loading and discharging a ship whereby the cargo is driven on and off on ramps. Equipped with large openings at bow and stern and sometimes also in the Detay
Safety stock The inventory a company holds beyond normal needs as a buffer against delays in receipt of orders or changes in customer buying patterns. Detay
Salvage material Unused material that has a market value and can be sold. Detay
Scrap material Unusable material that has no market value. Detay
Sea Waybill Transport document which is not a document of title/negotiable document. The sea waybill indicates the "on board" loading of the goods and can be used in cases where no ocean bill of lading, i.e. no document of title is required. For receipt of the goods, Detay
Separable cost A cost that a company can directly assign to a particular segment of the business. Detay
Service The defined, regular pattern of calls made by a carrier in the pick up and discharge of cargo. Detay
Service Contract A contract between a shipper and an ocean carrier or conference, in which the shipper makes a commitment to provide a minimum quantity of cargo over a fixed time period. The ocean carrier or conference also commits to a rate or rate schedule as well as a Detay
Ship agent A liner company or tramp ship operator representative who facilitates ship arrival, clearance, loading and unloading, and fee payment while at a specific port. Detay
Ship broker A firm that serves as a go-between for the tramp ship owner and the chartering consignor or consignee. Detay
Shipment A shipment is a user-defined unit containing goods (single or multiple units) and requires transportation from one location to another. A shipment becomes a shipment when it leaves the consignor's location. A shipment is complete when it arrives at the co Detay
Shipment Point A specific location from where goods will depart for movement. Detay
Shipper's agent A firm that primarily matches up small shipments, especially single-traffic piggyback loads, to permit shippers to use twin-trailer piggyback rates. Detay