0-9
A
ABC Classification
Classification of a group of items in decreasing order of annual dollar
volume or other criteria. This array is then split into three classes called A, B, and C. The A
group represents 10 to 20% by number of items, and 50 to 70% by projected dollar volume.
The next grouping, B, represents about 20% of the items and about 20% of the dollar volume.
The C-class contains 60 to 70% of the items, and represents about 10 to 30% of the dollar
volume.
Abandonment
The decision of a carrier to give up or to discontinue service over a route.
Railroads must seek ICC permission to abandon routes.
American Trucking Association, Inc.
A motor carrier industry association that is made up
of subconferences representing various sectors of the motor carrier industry.
American Waterway Operators
A domestic water carrier industry association representing
barge operators on the inland waterways.
B
BackHaul
The process of a transportation vehicle returning from the original destination point
to the point of origin. The 1980 Motor Carrier Act deregulated interstate commercial trucking
and thereby allowed carriers to contract for the return trip. The backhaul can be with a full,
partial, or empty load. An empty backhaul is called deadheading.
Backflush
: A method of inventory bookkeeping where the book (computer) inventory of
components is automatically reduced by the computer after completion of activity on the
component’s upper-level parent item based on what should have been used as specified on
the bill of material and allocation records. This approach has the disadvantage of a built-in
differential between the book record and what is physically in stock.
Backlog Customer
Customer orders received but not yet shipped; also includes backorders
and future orders.
Balance of trade
The surplus or deficit which results from comparing a country’s exports
and imports of merchandise only.
Barrier to entry
Factors that prevent companies from entering into a particular market, such
as high initial investment in equipment.
C
D
Demurrage
This is the fee applied by the terminal if your container is not picked up at the anticipated time. It is charged by day and per container.
Drayage
Is a truck service that moves containers to and from a port.
E
F
G
H
I
Incoterms
Is what you and your supplier use to refer to responsibilities and risks in a transaction.
J
K
L
Landed Cost
This is the sum of all a seller’s costs associated with a product, from the time they produce the product to the moment it is in the customer’s hands.
M
N
O
P
Q
R
S
T
Tail Gate Exam
It is a type of exam, similar to an x-ray exam. If CPB selects your container, it will be examined inside.
U
V
W
X
Y
Z