Glossary

A communication link between two or more entities which is designed to be maintained continuously.

In motor carriage, rate is based on the equipment type, rate per mile (or weight) and origin-destination rather than the space occupied by the cargo in the trailer.

The variable cost associated with a particular output unit plus a common cost allocation.

An EDI transaction set (997) sent by the recipient of an EDI message to confirm data receipt but without indicating the recipient’s response to the message.

In EDI transmissions, it contains one or more related transaction sets preceded by a functional group header and followed by a functional group trailer.

Organizational structure where a group or groups operate independently of other groups within the organization. The opposite of an integrated structure.

An incentive compensation agreement where supply chain partners share collectively in savings from productivity improvements.

Ocean freight term used to describe when a container enters the port terminal.

Ocean freight term used to describe when a container leaves the port terminal.

Pipelines that transport gases and liquids from the source to a processing facility, refinery or a transmission line.

See General Agreement on Tariffs and Trade (GATT).

See Government Bill of Lading (GB/L).

A multilateral international trade agreement created in 1947 to expand trade, superceded by the World Trade Organization (WTO) that was established in 1995.

See Marine Cargo Insurance - General Average.

A common motor carrier with operating authority to transport general commodities, or all commodities not listed as special commodities such as hazardous.

A facility used to store goods that are readily handled, are packaged or palletized, and do not require a controlled environment.

Imported goods either missing proper paperwork or not claimed within 15 days are classified by U.S. Customs as General Order (GO).

The integration of the global economy through trade, communications and culture. Also, making something worldwide in scope or application.

A space-based radionavigation system that helps pinpoint a three dimensional position to about a meter of accuracy. Used to track and locate equipment.

A focus on improving worldwide performance through the sales and marketing of goods and services with minimum product variation by country.

See General Order (GO).

The value that assumes the company will remain in business indefinitely and continue to be profitable. A consideration in determining reasonable rail rates.

A railcar with a flat platform and sides three to five feet high. Used for top loading long, heavy items. Often transports goods between factories and freight yards.

In logistics, materials that can be moved. Commonly used to designate the cargo that is shipped.

The document that is used for the transportation of goods by U.S. Government agencies.