SM Line

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Shipping Glossary

Reasonableness

Under ICC and common law, the requirement that a rate not be higher than is necessary to reimburse the carrier for actual cost of transporting the traffic and allow a fair profit

Received for Shipment B/L

Validated at the time cargo is received by ocean carrier to commence movement but before being validated as !0On-board.!1

Reconciled B/L

Set which has completed a prescribed number of edits between the shipper!/s instructions and the actual shipment received. This produces a very accurate B/L

Reconsignment

Changing the consignee or destination on a bill of lading while the shipment is still in transit. Diversion has substantially the same meaning

Reconsolidation point

Location where loose or other non-containerized cargo is regrouped for further carriage

RED

FREIGHT REDUCTION

Red Label

Label required on shipments of flammable articles

Reefer

Refrigerated container

REF

REEFER SURCHARGE

Related Points

A group of points to which rates are made the same as or in relation to rates to other points in group

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Shipping Glossary

Reasonableness

Received for Shipment B/L

Reconciled B/L

Reconsignment

Reconsolidation point

RED

Red Label

Reefer

REF

Related Points

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