Printer-friendly version

Browse the glossary using this index

Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL

Page:  1  2  (Next)
  ALL

C

Carrier's Lien

The right of a carrier to retain property which it has transported as security for the collection of charges due on that shipment.

Claim

A demand made upon a transportation company for payment, due to loss or damage of freight, alleged to have occurred while shipment was in possession of the carrier.

Class I Railway

As determined by the Surface Transportation Board, a railway with annual operating revenues that exceed a threshold indexed to a base of $250 million in 1991 dollars. According to Statistics Canada, there are three Class I railways in Canada: Canadian National (CN) and Canadian Pacific Railway(CPR) in freight transportation and VIA Rail Canada in passenger rail.

Source: http://www.irtcanada.net/en_Terms.htm

Class II Railways

A railway whose operating revenues are between $40 million to $250 million. Class II rail-ways include the two regional railways in BC and Ontario and all short lines

Source: http://www.irtcanada.net/en_Terms.htm

COD

Cash on Delivery (for value of goods).

COFC

Container on (rail) flatcar. A form of intermodal movement of freight.

COFC.

Container On Flat Car.

Collect

A term used to designate that the consignee (receiver) is responsible for the freight charges.

Collection on Delivery (COD)

An accessorial service whereby the carrier collects an amount from the consignee, for the goods themselves (i.e., the purchase price of the goods) , before delivery of the freight, and remits that amount to the shipper or designated party.

The amount to be collected is determined by the shipper and stated on the bill of lading.

Commodity

The goods shipped.

Page:  1  2  (Next)
  ALL