Shipping Glossary
PACPENALTY FOR AWKWARD CARGO |
Packing ListItemized list of commodities with marks/numbers but no cost values indicated |
Paired PortsA US Customs program wherein at least two designated Customs ports will enter cargo that arrives at either port without the necessity of an inbound document |
PALPALLECT ALLOWANCE |
PalletA platform (usually two-deck), with or without sides, on which a number of packages or pieces may be loaded to facilitate handling by a lift truck |
Paper RampA technical rail ramp, used for equalization of points not actually served |
Paper RateA published that is never assessed because no freight moves under it |
Parcel ReceiptAn arrangement whereby a steamship company, under rules and regulations established in the freight tariff of a given trade, accepts small packages at rates below the minimum bill of lading, and issues a parcel receipt instead of a bill of lading |
Partial ContainershipsMultipurpose containerships where one or more but not all compartments are fitted with permanent container cells. Remaining compartments are used for other types of cargo |
PayeeA party named in an instrument as the beneficiary of the funds. Under letters of credit, the payee is either the drawer of the draft or a bank |