Freight, shipping and chartering glossary

Type Meaning
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.

Trucker waiting time

Surcharge for unloading at final destination.

Tracking

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

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.

Trucker unloading time

Surcharge for unloading at final destination.

Tracing

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

Tramp Service

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

Tare weight

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

Transshipment

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

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.

Telex

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

Traffic Mitigation Fee (TMF)

A fee paid when a terminal becomes congested.

Transport Arbitrary at Origin

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

Twenty-Foot Equivalent Unit (TEU)

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

Tonnage

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

Toll Fee

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

Tri-axle

Surcharge associated with drayage of overweight containers.

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.

Telex

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

Toll Fee

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

Trucker unloading time

Surcharge for unloading at final destination.

Tonnage

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

Tracing

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

Twenty-Foot Equivalent Unit (TEU)

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

Tracking

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

Traffic Mitigation Fee (TMF)

A fee paid when a terminal becomes congested.

Transport Arbitrary at Origin

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

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.

Tri-axle

Surcharge associated with drayage of overweight containers.

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.

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.

Transshipment

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

Trucker waiting time

Surcharge for unloading at final destination.

Tramp Service

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