Transportation

Transportation

Any mode or method of locomotion that serves to move people, goods or services from one location to another.

15Categories 47993Terms

Add a new term

Contributors in Transportation

Become a Contributors

Transportation > Shipping

without recourse

Transportation; Shipping

A phrase preceding the signature of a drawer or endorser of a negotiable instrument; signifies that the instrument is passed onto subsequent holders without any liability to the ...

equalization

Transportation; Shipping

A monetary allowance to the customer for picking up or delivering at a point other than the destination shown on the bill of lading. This provision is covered by tariff ...

rail division

Transportation; Shipping

The amount of money an ocean carrier pays to the railroad for overland carriage.

construction differential subsidy

Transportation; Shipping

A program whereby the U.S. government attempted to offset the higher shipbuilding cost in the U.S. by paying up to 50% of the difference between cost of U.S. and non–U.S. ...

measurement ton

Transportation; Shipping

40 cubic feet.

weight or measurement (W/M)

Transportation; Shipping

The basis for assessing freight charges. Also known as “worm.” The rate charged under W/M will be whichever produces the highest revenue between the weight of the shipment and the ...