R.P. Return Premium.
Rail Consignment Note Document evidencing a contract for the transport of goods by rail.
Ramp Artificially
inclined path, road or track along which wheeled vehicles, cargo and
trailers may pass for the purpose of changing their elevation and
facilitating the loading and unloading operation (e.g. an entrance way
into a Roll-on/Roll-off vessel). → Platform (air cargo)
Ramp Handling → Platform Handling
Rate Charge per unit of freight for a specific service.
Rate of Calculation Factor for the calculation of an amount.
Rate of Turn Figure indicating the speed of a change of course of a means of transport expressed in degrees per minute.
Rate Proration Proration on the basis of the applicable local rates (air cargo).
Rating Classification.
Re-invoicing Procedure
whereby goods are invoiced in two stages: at first by the supplier to
an intermediary and subsequently by the intermediary to the customer.
Rebate Discount.
Receipt Written acknowledgement confirming receipt of goods, cash or documents.
Received for Shipment Bill of Lading Bill of Lading issued by the carrier evidencing actual receipt of merchandise for shipment. Also referred to as a Dock Receipt. → Dock Receipt → Mate’s Receipt
Receiving Carrier Carrier receiving a consignment on behalf of a carrier, agent or shipper for onward transport.
Receiving Stock Stock
comprising all the goods that have arrived at the door of the receiving
organization and which is not yet available in the stock of that
organization.
Reconditioning All activities connected
with restoring and/or adjusting the packaging of a product so that it
is presented to the customer in the requested form.
Recovery Amount recovered from a third party responsible for a loss on which a claim has been paid.
Red Clause Letter of Credit Letter
of Credit that allows the exporter to receive a percentage of the face
value of the Letter of Credit in advance of shipment. This enables the
exporter to purchase inventory and any other costs associated with
producing and preparing the export order.
Redelivery Return of a charter vessel to the owners.
Reefer Cargo Cargo requiring temperature control.
Reefer Container Thermal
container with refrigerating appliances (mechanical compressor unit,
absorption unit, etc.) to control the temperature of cargo.
Rerforwarding Charge Charges
paid or to be paid for subsequent surface or air transport from the
airport of destination by a forwarder, but not by a carrier under the
Air Waybill (air cargo).
Refund Repayment to the purchaser of the total charge or a portion of that charge for unused carriage.
Register Ton
1. The unit of measurement for the capacity of a vessel whereby one
register ton equals 100 cubic feet (2.83 cubic meters). 2. The gross
(brutto) tonnage comprises all spaces below the main (tonnage) deck and
the enclosed spaces above the main (tonnage) deck less exempted spaces.
3. The net tonnage consists of the gross tonnage less exemptions like
ballast tanks, engine room, living quarters, etc. Register tonnage is
mentioned on the tonnage certificate.
Regroupage Process
of splitting up shipments into various consignments (degroupage) and
combining these small consignments into other shipments (groupage). → Degroupage → Groupage
Rejection Non-acceptance of e.g. cargo.
Released Bill Type of affreightment where no specific value has been declared for carriage (No Value Declared).
Remitting Bank Bank that sends the draft to the overseas bank for collection. → Collecting Bank
Replenishment Completion of stock.
Rerouting Route to be followed as altered from the one originally specified in the Air Waybill (air cargo).
Reservation Allotment in advance of space or weight capacity. Also referred to as “booking” (air cargo).
Reserve Inventory → Safety Stock
Responsible Carrier 1. The carrier liable under the terms of a Bill of Lading. 2. Carrier responsible for the transport of goods as indicated in the transport document (air cargo). Synonym: → Principal Carrier
Return Shipment Goods returned to the place of acceptance.
Reverse Distribution Collection of used, damaged, or outdated products and/or packaging from end-users. → Waste Logistics
Revocable Letter of Credit Letter of Credit that can be cancelled or altered by the drawee (buyer) after it has been issued by the drawee’s bank. → Irrevocable Letter of Credit
Road Carrier Synonym: Haulier, Trucker
Roll Trailer Special trailer for terminal haulage and stowage on board of Roll-on/Roll-off vessels. Also referred to as Mafi Trailer.
Roll-on/Roll-off Abbreviation: RoRo. System of loading and discharging a vessel whereby the cargo is driven on and off by means of a ramp.
RoRo → Roll-on/Roll-off
Rotation Sequence in which a vessel calls at the ports on her itinerary.
Round Trip Voyage, a journey, etc. to a certain place, port or country and back again. → Voyage
Route Track along which goods are (to be) transported.
Routing
1. The determination of the most efficient route(s) to follow. 2. The
process of determining how a shipment will be moved between shipper and
consignee or between place of acceptance by the carrier and place of
delivery to the consignee. 3. The process of aiding a vessel’s
navigation by supplying long-range weather forecasts and indicating the
most economic and safe sailing route.
Routing Orders Abbreviation:
R/O. The routing order is a specific written Shipping Instruction
issued by the buyer. It is usually issued in the case of “ex-works” or
“delivered at frontier”/“free on board” deals, thereby ensuring that
the supplier organizes the transport according to the wishes of the
buyer.
Row Vertical division of a vessel from
starboard to portside, used as a part of the indication of a stowage
place for containers. The numbers run from midships to both sides. |