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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.
- Port of Destination.
- Proof of Delivery. A document required from the carrier
or driver for proper payment.
Point of Origin
The place at which a shipment is received by a carrier from
the shipper.
POL
Abbreviation for:
- Port of Loading.
- 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
- 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 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.
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.
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