Rag Top - A slang term for an open–top trailer or container with a tarpaulin cover.
Rail Division - The amount of money an ocean carrier pays to the railroad for overland carriage.
Rail Grounding - The time that the container was discharged (grounded) from the train.
Ramp - Railroad terminal where containers are received or delivered and trains loaded or discharged. Originally, trailers moved onto the rearmost flatcar via a ramp and driven into position in a technique known as “circus loading.” Most modern rail facilities use lifting equipment to position containers onto the flatcars.
Ramp–to–Door - A movement where the load initiates at an origin rail ramp and terminates at a consignee’s door.
Ramp–to–Ramp - 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 that control the making of a rate. A rate can be based on any number of factors (i.e., weight, measure, equipment type, package, box, etc.).
Reasonableness - Under ICC and common law, the requirement that a rate not be higher than is necessary to reimburse the carrier for the actual cost of transporting the traffic and allow a fair profit.
Rebate - An illegal form of discounting or refunding that has the net effect of lowering the tariff price. See also Malpractice.
Reconsignment - Changing the consignee or destination on a bill of lading while shipment is still in transit. Diversion has substantially the same meaning.
Recourse - A right claim against the guarantors of a loan or draft or bill of exchange.
Red Label - A label required on shipments of flammable articles.
Reefer - 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.
RFP - Request for Proposal
RFQ - Request for quotation.
Relay - To transfer containers from one ship to another when both vessels are controlled by the same network (carrier) manager.
Remittance - Funds sent by one person to another as payment.
Restricted Articles - Articles handled only under certain conditions.
Revenue Ton (RT) - 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.Weights are based on metric tons and measures are based on cubic meters.RT=1 MT or 1 CBM.
Reverse IPI - An inland point provided by an all–water carrier’s through bill of lading in the U.S. by first discharging the container in an East Coast port.
“Ro/Ro” - A shortening of the term, “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 refers to any specialized vessel designed to carry Ro/Ro cargo.
Roll - To re–book cargo to a later vessel.
Rolling - The side–to–side (athwartship) motion of a vessel.
Route - The manner in which a shipment moves; i.e., the carriers handling it and the points at which the carriers interchange.
Running Gear - Complementary equipment for terminal and over–the–road handling containers.
RVNX - Abbreviation for “Released Value Not Exceeding.” Usually used to limit the value of goods transported. The limitation refers to carrier liability when paying a claim for lost or damaged goods.