RATE
Established
shipping charge for movement of goods.
RATE BASIS
Formula
of specific factors/elements that control making of rate.
RATE WAR
When
carriers cut rates in an effort to capture more sales. Can occur in
all commodities.
REBATE
The
practice of giving a portion of a payment back to a buyer after a seller
makes a sale.
RECEIVING PAPERS
Documents
submitted with the delivery of cargo. It gives details of the
shipment so that outbound documentation matches the bill of lading.
It also acts as a receipt for the carrier to show that goods have been
delivered.
RECIPROCITY
An
exchange of rights, benefits, commitments, or obligations.
RECONCILIATION
The
process of determining if proper accounting has taken place, and making
efforts to resolve any discrepancies.
RECONSIGNMENT
Any
change, including a change in the route, made in a consignment before the
arrival of the goods at their billed destination.
RED LABEL FREIGHT
Dangerous,
flammable freight.
REEFER
A
container, with a self-contained refrigeration unit, used for the
transport or perishable cargo. Abbreviation for refrigerated
container. Slang term for refrigerated trailer that hauls
perishables.
REFRIGERATED CONTAINER
A
container that is insulated and equipped with temperature control
equipment.
REFUSED FREIGHT
Freight
which the consignee or owner refuses to accept.
REGIONAL STABILITY
A
term used to describe lack of severe political and economical threat in a
given region; and therefore a relatively safe environment in which one can
conduct business.
REGIONAL VALUE CONTENT
A
determination of the value of goods for Customs purposes, based on where
the goods where acquired, produced, or transformed.
RESELLER
A
consignee that receives items for the purpose of resale to other
parties. This includes reselling items in the form received, making
modifications or adding value (e.g., software or peripheral devices)
before reselling or re-exporting items.
RESTRICTED ARTICLES
Commodities
that can be handled or shipped only under certain specific conditions.
RETURN WITHOUT ACTION
Return
of an export application to the applicant because of ineligibility or
incompleteness.
REVENUE TO FOLLOW
A
statement on a freight manifest for shipment billed without revenue
stated, in order to move it, and billed again with charges upon receipt of
the Bill of Lading.
REVISION
Changes
made, as a result of an audit, to state correct information, rates, and
charges.
RIDER
An
attachment to a document to supplement information, and one that becomes
part of the original document.
ROLL-ON/ROLL-OFF
1)
A system of handling cargo in trailers and ships in which the trailers are
driven on and off the vessel. loading/discharging ports. 2) A term
applied to ships that are outfitted so that vehicles or heavy machinery
can be driven on or off without the use of special cranes.
ROLLINGSTOCK
Freight/passenger
cars owned by rail carriers, and buses, trucks and trailers owned by
motor carriers.
ROUTE
1)
Course/direction that shipment moves. 2) To designate course/direction
shipment shall move. 3) Carrier(s) with junction points over which
shipment moves. A multi-modal collection of one or more serial
scheduled legs connecting a depart origin to a target destination.
ROUTING
1)
Process of determining how shipment will move between origin and
destination. Routing information includes designation of carrier(s)
involved, actual route of carrier, and estimated time enroute. 2) Right of
shipper to determine carriers, routes and points for transfer on TL and CL
shipments.
RULES OF ORIGIN
Rules
that guide the determination of country of origin for duty calculations,
necessary permits, quotas, etc.
RULING
A decision rendered by the Customs Service on an issue or issues surrounding
a particular importation of merchandise. Rulings are published and can
usually be appealed to a higher administrative body or to a court of law.
RULINGS ON IMPORT
An
exporter, importer, or other interested party may get advance information
on any matter affecting the dutiable status of merchandise by writing the
District Director of Customs where merchandise will be entered, or to the
Regional Commissioner of Customs. (USA) |