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Pallet transporter

Vehicle for the movement of loaded pallets between an aircraft and the freight terminal or truck dock. Sometimes the functions of a pallet loader and a pallet transporter are combined into a single vehicle. See also pallet.

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Palletizing

The loading and securing of a number of sacks, bags, boxes or drums on a pallet base. See also pallet.

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Par value

An official fixed rate of exchange between two currencies, or between a currency and a basket of currencies or a specific weight of gold.

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Paramount clause

The clause in a bill of lading or charter party invoking coverage by the Hague Rules or by the particular enactment if these rules in the country with jurisdiction over the contract.

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