Transportation Program Glossary (James Depow)
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"The attached file is a glossary of transportation terms used in my transportation program," states James.
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
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Carrier's LienThe right of a carrier to retain property which it has transported as security for the collection of charges due on that shipment. | |
ClaimA 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 II RailwaysA 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 | |
CODCash on Delivery (for value of goods). | |
COFCContainer on (rail) flatcar. A form of intermodal movement of freight. | |
COFC.Container On Flat Car. | |
CollectA 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. | |
CommodityThe goods shipped. | |