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International Shipping Terminologies - R
Rag Top: A slang term for an open-top trailer with a tarpaulin cover. Rail Division: The amount of money an ocean carrier pays to the railroad for overland charges. Ramp-to-Door: A movement where the load initiates at an origin rail ramp and terminates at a consignee's door. Ramp-to-Ramp: A movement of equipment from an origin rail ramp to a destination rail ramp only. Rate Basis: A formula of the specific factors or elements (weight, measure, equipment type, package, box, etc.) that control the making of a rate. Reasonableness: Under ICC and common law, the requirement that a rate not be higher than is necessary to reimburse the carrier for actual cost of transporting the traffic and allow a fair profit. Reconsignment: Changing the consignee or destination on a bill of lading while the shipment is still in transit. Diversion has substantially the same meaning. Reconsolidation point: Location where loose or other non-containerized cargo is regrouped for further carriage. Red Label: Label required on shipments of flammable articles. Reefer: Refrigerated container. Related Points: A group of points to which rates are made the same as or in relation to rates to other points in group. Relay: Transfer containers from one ship to another. Released Value Not Exceeding (RVNX): Used to limit the value of goods transported. The limitation refers to carrier liability when paying a claim for lost or damaged goods. Restricted articles: Articles handled only under special conditions. Return pool: Place where equipment is returned. Revenue Ton: A ton on which the shipment is freighted. If cargo is rated as weight or measure (W/M), whichever produces the highest revenue will be considered the revenue ton. Reverse IPI: An inland point provided by an all-water carrier's through bill of lading in the US by first discharging the container in an East Coast port. RORO: An abbreviated term for roll on-roll off. A method of ocean cargo service using a vessel with ramps which allows wheeled vehicles to be loaded and discharged without cranes. Also used to refer to the cargo itself. Roll: Move cargo to a down-line or vessel. Rolling: The side-to-side (athwartship) motion of a vessel. Route: The manner in which a shipment moves; i.e., the carriers handling it and the points via which they handle it. Running Gear: Complimentary equipment for terminal and over-the-road handling containers.
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