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TERM |
DEFINITION |
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Zodiac |
A rubber
dinghy. An inflatable craft for the transport of people. |
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Zone of Rate Flexibility |
Railroads
may raise rates by a percentage increase in the railroad cost index that the
ICC determines; the railroads could raise rates by 6 percent per year
through 1984 and 4 percent thereafter. |
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Zone |
Area, belt
or district extending about a certain point defined for transport and/or
charge purpose. |
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Zone Haulage Rate |
The rate
for which the carrier will undertake the haulage of goods or containers
between either the place of delivery and the carrier's appropriate terminal.
Such haulage will be undertaken only subject to the terms and conditions of
the tariff and of the carrier's Combined Transport Bill of Lading. |
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Zone of Rate Freedom |
Motor
carriers may raise or lower rates by 10 percent in one year without ICC
interference; if the rate change is within the zone of freedom, the rate is
presumed to be reasonable. |
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Zone of Reasonableness |
A zone or
limit within which air carriers may change rates without regulatory
scrutiny; if the rate change is within the zone, the new rate is presumed to
be reasonable. |
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Zone Price |
The
constant price of a product at all geographic locations within a zone. |
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Zulu Time |
Time based on Greenwich Mean Time. |
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DISCLAIMER: These terms and definitions have been gathered
from many sources public and private. This list is designed to serve as a
reference. No warranty for the accuracy is stated nor implied. |
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Over 3600 Ocean Marine, Shipping, Chat & Insurance Terms
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5 Steps + 2
Minutes = AllCovered --- Paperless -- No Monthly Reporting
-- Cargo - Bonds - BOL Liability/E&O -
Warehouse - Business Insurance --
-- We have Logistics AllCovered -- |
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These terms, abbreviations
and descriptions have been gathered from many sources
online and in print. No warranty for their accuracy is stated nor implied. |
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Last Updated:
Monday, 08 June 2009 13:36:45 -0500 |
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