Search results
Results From The WOW.Com Content Network
Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
A freight claim or cargo claim is a legal demand by a shipper or consignee against a carrier in respect of damage to a shipment, or loss thereof. [1] [2] [3] Typically, the claimant will seek damages (financial compensation for loss), but other remedies include "specific performance", where the cargo-owner seeks delivery of the goods as agreed.
Standard Carrier Alpha Code. The Standard Carrier Alpha Code ( SCAC) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long. The National Motor Freight Traffic Association developed the SCAC code in the 1960s to help road transport companies computerize data and records.
Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...
In commercial shipping, laytime is the amount of time allowed, measured in days (or portions thereof), hours, or even tides, within a voyage charter for the loading and unloading of cargo. [1] [2] Under a voyage charter or time charter, the shipowner is responsible for operating the vessel, and the master and crew are the employees of the ...
A courier is a person or organization that delivers a message, package or letter from one place or person to another place or person. [1] Typically, a courier provides their courier service on a commercial contract basis; however, some couriers are government or state agency employees (for example: a diplomatic courier ).
Radar beacon. Racon signal as seen on a radar screen. This beacon receives using sidelobe suppression and transmits the letter "Q" in Morse code near Boston Harbor (Nahant) 17 January 1985. Radar beacon (short: racon) is – according to article 1.103 of the International Telecommunication Union's (ITU) ITU Radio Regulations (RR) [1 ...
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [2]