| P&I |
|
| Abbreviation
for "Protection and Indemnity," an insurance term. |
|
| Packing
List |
|
| Itemized
list of commodities with marks/numbers but no cost values
indicated. |
|
| PADAG |
|
| Abbreviation
for "Please Authorize Delivery Against Guarantee." A
request from the consignee to the shipper to allow the carrier
or agent to release cargo against a guarantee, either bank or
personal. Made when the consignee is unable to produce
original bills of lading. |
|
| Paired
Ports |
|
| A
U.S. Customs program wherein at least two designated Customs
ports will enter cargo that arrives at either port without the
necessity of an in-bound document. |
|
| Pallet |
|
| A
platform with or without sides, on which a number of packages
or pieces may be loaded to facilitate handling by a lift
truck. |
|
| Paper
Ramp |
|
| A
technical rail ramp, used for equalization of points not
actually served. |
|
| Paper
Rate |
|
| A
published rate that is never assessed because no freight moves
under it. |
|
| Parcel
Receipt |
|
| An
arrangement whereby a steamship company, under rules and
regulations established in the freight tariff of a given
trade, accepts small packages at rates below the minimum bill
of lading, and issues a parcel receipt instead of a bill of
lading. |
|
| Partial
Shipments |
|
| Under
letters of credit, one or more shipments are allowed by the
phrase "partial shipments permitted." |
|
| Particular
Average |
|
| See
Insurance, Particular Average. |
|
| Payee |
|
| A
party named in an instrument as the beneficiary of the funds.
Under letters of credit, the payee is either the drawer of the
draft or a bank. |
|
| Payer |
|
| A
party responsible for the payment as evidenced by the given
instrument. Under letters of credit, the payer is the party on
whom the draft is drawn, usually the drawee bank. |
|
| Per
Diem |
|
| A
charge, based on a fixed daily rate. |
|
| Perils
of the Sea |
|
| Those
causes of loss for which the carrier is not legally liable.
The elemental risks of ocean transport. |
|
| Phytosanitary
Inspection Certificate |
|
| A
certificate issued by the U.S. Department of Agriculture to
satisfy import regulations of foreign countries; indicates
that a U.S. shipment has been inspected and found free from
harmful pests and plant diseases. |
|
| Pickup |
|
| The
act of calling for freight by truck at the consignor's
shipping platform. |
|
| Pier |
|
| The
structure perpendicular to the shoreline to which a vessel is
secured for the purpose of loading and unloading cargo. |
|
| Pier-to-House |
|
| A
shipment loaded into a container at the pier or terminal,
thence to the consignee's facility. |
|
| Pier-to-Pier |
|
| Containers
loaded at port of loading and discharged at port of
destination. |
|
| Piggy
Packer |
|
| A
mobile container-handling crane used to load/unload containers
to/from railcars. |
|
| Piggyback |
|
| A
transportation arrangement in which truck trailers with their
loads are moved by train to a destination. Also known as Rail
Pigs. |
|
| Place
of Delivery |
|
| Place
where cargo leaves the care and custody of carrier. |
|
| Place
of Receipt |
|
| Location
where cargo enters the care and custody of carrier. |
|
| Plimsoll
Mark |
|
| A
series of horizontal lines, corresponding to the seasons of
the year and fresh or saltwater, painted on the outside of a
ship marking the level which must remain above the surface of
the water for the vessel's stability. |
|
| POD |
|
| Abbreviation
for: Port of Discharge, or Port of Destination. |
|
| Point
of Origin |
|
| The
place at which a shipment is received by a carrier from the
shipper. |
|
| POL |
|
| Abbreviation
for: Port of Loading, or Petroleum, Oil, and Lubricants. |
|
| Pomerene
Act, Also known as (U.S.) Federal Bill of Lading Act of 1916. |
|
| U.S.
federal law enacting conditions by which a B/L may be issued.
Penalties for issuing B/L's containing false data include
monetary fines and/or imprisonment. |
|
| Port |
|
| Left
side of A ship when facing forward. Also opening in a ship's
side for handling freight. |
|
| Port
of Call |
|
| Port
where a ship discharges or receives traffic. |
|
| Port
of Entry |
|
| Port
where cargo is unloaded and enters a country. |
|
| Port
of Exit |
|
| Place
where cargo is loaded and leaves a country. |
|
| Pratique
Certificate |
|
| Lifts
temporary quarantine of a vessel; granted pratique by Health
Officer. |
|
| Pre-cooling |
|
| A
process employed in the shipment of citrus fruits and other
perishable commodities. The fruit is packed and placed in a
cold room from which the heat is gradually extracted. The
boxes of fruit are packed in containers that have been
thoroughly cooled and transported through to destination
without opening the doors. |
|
| Prepaid
(Ppd.) |
|
| Freight
charges paid by the consignor (shipper) prior to the release
of the bills of lading by the carrier. |
|
| Pro
Forma |
|
| A
Latin term meaning "For the sake of form." |
|
| Pro
Forma Invoice |
|
| An
invoice provided by a supplier prior to the shipment of
merchandise, informing the buyer of the kinds and quantities
of goods to be sent, their value, and specifications (weight,
size, etc.). |
|
| Pro
Rata |
|
| A
Latin term meaning "In proportion." |
|
| Project
Rate |
|
| Single
tariff item, established to move multiple commodities needed
for a specified project, usually construction. |
|
| Proof
of Delivery |
|
| A
document required from the Carrier or driver FOR proper
payment. |
|
| Public
Service Commission |
|
| A
name usually given to a State body having control or
regulation of public utilities. |
|
| Publishing
Agent |
|
| Person
authorized by transportation lines to publish tariffs or
rates, rules, and regulations for their account. |
|
| Pulp
Temperature |
|
| Procedure
where carrier tests the temperature of the internal flesh of
refrigerated commodities to assure that the temperature at
time of shipment conforms to prescribed temperature ranges. |
|
| Pup |
|
| A
short semi-trailer used jointly with a dolly and another
semi-trailer to create a twin trailer. |
|
