Search Results for: FREIGHT

teamwork

teamwork. Work done by a team; esp., work by a team of animals as a substantial part of one’s business, such as farming, express carrying, freight hauling, or transporting material. • In some jurisdictions, animals (such as horses) that work in teams are exempt from execution on a civil judgment.

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base point pricing

base-point pricing. 1. A pricing method that adds the price at the factory to the freight charges, which are calculated as the cost of shipping from a set location to the buyer’s location. • The chosen shipping base point may be the same for all customers, or it may be a specific, established location, such

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lighterage

lighterage (lI-t[schwa]r-ij). 1. The loading and unloading of goods between a ship and a smaller vessel, called a lighter, that is able to use a restricted port or dock. [Cases: Shipping 126, 134, 141. C.J.S. Shipping §§ 278–280, 296–299, 306–311, 338–339.] 2. The compensation paid for this service. [Cases: Shipping 147. C.J.S. Shipping §§ 369–370.]

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