Glossary of Shipping Terms

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irradiation correction (altitude).

a wood or fiber cover placed around such containers as cans and bottles.

Ladder a rope ladder suspended from the side of a vessel and used for boarding.

act of throwing cargo or equipment (jetsam) overboard when a ship is in danger.

Abbreviation for “Just In Time.” In this method of inventory control, warehousing is minimal or non–existent; the container is the movable warehouse and must arrive “just in time;” not too early nor too late.

a rate applicable from a point on one transportation line to a point on another line, made by agree­ment and published in a single tariff by all transportation lines over which the rate applies.