International Shipping Terminologies - R

Rag Top: A slang term for an open-top trailer with a tarpaulin cover.

Rail Division:
The amount of money an ocean carrier pays to the railroad for overland charges.

A movement where the load initiates at an origin rail ramp and terminates at a consignee's door.

A movement of equipment from an origin rail ramp to a destination rail ramp only.

Rate Basis:
A formula of the specific factors or elements (weight, measure, equipment type, package, box, etc.) that control the making of a rate.

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.

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 Label:
Label required on shipments of flammable articles.

Refrigerated container.

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

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.

An abbreviated term for roll on-roll off. A method of ocean cargo service using a vessel with ramps which allows wheeled vehicles to be loaded and discharged without cranes. Also used to refer to the cargo itself.

Move cargo to a down-line or vessel.

The side-to-side (athwartship) motion of a vessel.

The manner in which a shipment moves; i.e., the carriers handling it and the points via which they handle it.

Running Gear:
Complimentary equipment for terminal and over-the-road handling containers.