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Trade Dictionary - R

Rate Agreement: Group of carriers who discuss rates and common problems with options to file independent tariffs

Rates: Charge for moving cargo between points

Received for Shipment B/L: Issued on receipt of cargo in carrier's possession; cargo not necessarily loaded on board vessel

Return Cargo: Cargo to be returned to original place of receipt

Revenue Ton: Number of tons which freight is paid for; per ton

 

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