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Shipping Glossary

Shipping Glossary

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

Relay

Transfer containers from one ship to another

Released Value Not Exceeding (RVNX)

Used to limit the value of goods transported. The limitation refers to carrier liability when paying a claim for lost or damaged goods

Restricted articles

Articles handled only under special conditions

Return pool

Place where equipment is returned

Revenue Ton

A ton on which the shipment is freighted. If cargo is rated as weight or measure (W/M), whichever produces the highest revenue will be considered the revenue ton

Reverse IPI

An inland point provided by an all-water carrier’s through bill of lading in the US by first discharging the container in an East Coast port

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