A B C D E F G H I J K L M N O P Q R S T U V W

Range

In shipping, range means extent or scope of places. Carriers, particularly ship lines, quote base rate freight costs based on services from places they serve that are located within one range to the places they serve that are located within…

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Received for shipment B/L

A bill of lading which confirms the receipt of goods by the carrier, but not their actual loading on board. This document can be accepted under letters of credit only if this is expressly permitted in the opening of the…

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Reefer container

A controlled temperature shipping container, usually refrigerated. Refrigeration may either be mechanical, which means involving an external power supply, or by expendable refrigerant (dry ice, liquefied gases, etc.), which requires no external power supply.

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Revenue ton (R/T)

A unit measure used in marine transport to compare the volume and weight of a shipment. Freight rates are usually expressed in terms of cost per revenue ton. There are three different formulas in general use for determining the total…

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Reverse logistics

Activities associated with a product/service after the point of sale. The ultimate goal of reverse logistics is to optimize or make more efficient aftermarket activity, thus saving money and environmental resources. Some services included in reverse logistics are: Customer service (helpdesk)….

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