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Shipping Glossary

Shipping Glossary

Stack Car

An articulated five-platform rail car that allows containers to be doubled stacked. A typical stack car holds ten, forty-foot equivalent units (FEUs)

Stacktrain

A rail service whereby rail cars carry containers stacked two-high on specially-operated unit trains. Each train includes up to 35 articulated multiplatform cars. Each car is comprised of multiplatform cars. Each car is comprised of five, well-type platforms upon which containers can be stacked. No chassis accompany containers

Stale B/L

A late B/L. In banking, one that has passed the time deadline of the L/C and is void

Standard Industrial Classification (SIC)

A standard numerical code used by the US government to classify products and services

Standard International Trade Classification (SITC)

A standard numeric code developed by the United Nations to classify commodities used in international trader, based on a hierarchy

Starboard

The right side of a ship when facing the bow

STC

STOP OFF(STOPPING)CHARGE

Steamship conference

A group of vessel operators joined together for the purpose of establishing freight rates

Steamship Guarantee

An indemnity issued to the carrier by a bank. It protects the carrier against any possible losses or damages arising from the release of the merchandise to the receiving party. This instrument is usually issued when the bill of lading is lost or is not available

Steamship line

A company that owns and/or operates vessels in maritime trade

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