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Trade Terminology


International Shipping Terminologies - P


Packing List: Itemized list of commodities with marks/numbers but no cost values indicated.

Paired Ports:
A US Customs program wherein at least two designated Customs ports will enter cargo that arrives at either port without the necessity of an inbound document.

Pallet:
A platform (usually two-deck), 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 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.

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 made by one transportation line against another for the use of its equipment. The charge is based on a fixed rate per day.

Perishable Cargo:
Cargo subject to decay or deterioration. Phytosanitary Inspection Certificate: A certificate issued by the US department of Agriculture to satisfy import regulations of foreign countries; indicates that a US shipment has been inspected and found free from harmful pests and plant diseases.

Pick-up:
The act of calling for freight by truck at the consignor's shipping platform.

Pier:
The structure 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, then 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 agreement in which truck trailers with their loads are moved by train to a destination. Also know as Rail Pegs.

Place of Delivery:
Place where cargo leaves the care and custody of the carrier.

Place of Receipt:
Location where cargo enters the care and custody of carrier.

Plimsoll Mark:
A series of horizontal lines painted on the outside of a ship marking the level which must remain above the surface of the water for the vessel s stability.

Point of Origin:
The station at which a shipment is received by a carrier from the shipper.

Pool:
A common supply of containers available to the shippers.

Port:
A harbor with piers or docks. Left side of a ship when facing forward. 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 loaded and leaves a country.

Port of Loading:
Port where cargo is transferred from one vessel to another.

Pratique Certificate:
Lifts temporary quarantine of a vessel, granted by a 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 Freight (Pgd.):
Freight paid by the shipper to the carrier when merchandise is tendered for shipment. Not refundable if the merchandise does not arrive at the intended destination.

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, "In proportion."

Project Rate:
Single tariff item, established to move multiple commodities needed for a specified project, usually construction.

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.

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