Freight, shipping and chartering glossary

Type Meaning
Transit time

The total delivery time of the container (cargo), calculated from the moment of loading onto the vessel until the moment of unloading at the port of destination.

Tare weight

The weight of the container and/or packing materials only - excluding the weight of the goods inside the container.

Transload

Cost to transfer containers from 40s/HCs to 53' trailers.

Tariff

A document issued by a carrier setting forth applicable rules, rates, and charges for the movement of goods. The document sets up a contract of carriage between the shipper, consignee, and carrier.

Transmittal Letter

A letter accompanying the supply of securities, documents or other property, usually containing a brief description of the securities, documents or property being sent and an explanation of the transaction.

Telex

Origin charge for an original BL issued for shipment and the supplier holds the hard copy forms.

Transport Arbitrary at Origin

A fee covers haulage from the exporter’s premises to the port/warehouse.

Toll Fee

Surcharged associated with drayage over a bridge or through a highway.

Transshipment

Moving cargo from one vessel or another vehicle to another vehicle at the same transport point.

Ton-mile

A freight transportation output measure that reflects the shipment's weight and the distance the carrier hauls it; a multiplication of tons hauled and distance traveled.

Tri-axle

Surcharge associated with drayage of overweight containers.

Tonnage

The volumetric characteristic of the vessel, expressed in cubic meters, shows how much cargo can be accepted for transportation.

Trucker unloading time

Surcharge for unloading at final destination.

Tracing

Determining a shipment's location during the course of a move.

Trucker waiting time

Surcharge for unloading at final destination.

Tracking

A system for tracking the location of shipments on the map in real-time.

Twenty-Foot Equivalent Unit (TEU)

A shipping container whose internal dimensions measure about 20 feet long, 8 feet wide, and 8 feet tall.

Traffic Mitigation Fee (TMF)

A fee paid when a terminal becomes congested.

Tramp Service

Vessels operating without a fixed itinerary or schedule or charter contract.

Traffic Mitigation Fee (TMF)

A fee paid when a terminal becomes congested.

Tramp Service

Vessels operating without a fixed itinerary or schedule or charter contract.

Transit time

The total delivery time of the container (cargo), calculated from the moment of loading onto the vessel until the moment of unloading at the port of destination.

Tare weight

The weight of the container and/or packing materials only - excluding the weight of the goods inside the container.

Transload

Cost to transfer containers from 40s/HCs to 53' trailers.

Tariff

A document issued by a carrier setting forth applicable rules, rates, and charges for the movement of goods. The document sets up a contract of carriage between the shipper, consignee, and carrier.

Transmittal Letter

A letter accompanying the supply of securities, documents or other property, usually containing a brief description of the securities, documents or property being sent and an explanation of the transaction.

Telex

Origin charge for an original BL issued for shipment and the supplier holds the hard copy forms.

Transport Arbitrary at Origin

A fee covers haulage from the exporter’s premises to the port/warehouse.

Toll Fee

Surcharged associated with drayage over a bridge or through a highway.

Transshipment

Moving cargo from one vessel or another vehicle to another vehicle at the same transport point.

Ton-mile

A freight transportation output measure that reflects the shipment's weight and the distance the carrier hauls it; a multiplication of tons hauled and distance traveled.

Tri-axle

Surcharge associated with drayage of overweight containers.

Tonnage

The volumetric characteristic of the vessel, expressed in cubic meters, shows how much cargo can be accepted for transportation.

Trucker unloading time

Surcharge for unloading at final destination.

Tracing

Determining a shipment's location during the course of a move.

Trucker waiting time

Surcharge for unloading at final destination.

Tracking

A system for tracking the location of shipments on the map in real-time.

Twenty-Foot Equivalent Unit (TEU)

A shipping container whose internal dimensions measure about 20 feet long, 8 feet wide, and 8 feet tall.

Trucker unloading time

Surcharge for unloading at final destination.

Tracing

Determining a shipment's location during the course of a move.

Trucker waiting time

Surcharge for unloading at final destination.

Tracking

A system for tracking the location of shipments on the map in real-time.

Twenty-Foot Equivalent Unit (TEU)

A shipping container whose internal dimensions measure about 20 feet long, 8 feet wide, and 8 feet tall.

Traffic Mitigation Fee (TMF)

A fee paid when a terminal becomes congested.

Tramp Service

Vessels operating without a fixed itinerary or schedule or charter contract.

Transit time

The total delivery time of the container (cargo), calculated from the moment of loading onto the vessel until the moment of unloading at the port of destination.

Tare weight

The weight of the container and/or packing materials only - excluding the weight of the goods inside the container.

Transload

Cost to transfer containers from 40s/HCs to 53' trailers.

Tariff

A document issued by a carrier setting forth applicable rules, rates, and charges for the movement of goods. The document sets up a contract of carriage between the shipper, consignee, and carrier.

Transmittal Letter

A letter accompanying the supply of securities, documents or other property, usually containing a brief description of the securities, documents or property being sent and an explanation of the transaction.