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Freight rate. A freight rate (historically and in ship chartering simply freight[ 1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
The Standard Carrier Alpha Code ( SCAC) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long. The National Motor Freight Traffic Association developed the SCAC code in the 1960s to help road transport companies computerize data and records. [ 1]
Annual average daily traffic, abbreviated AADT, is a measure used primarily in transportation planning, transportation engineering and retail location selection. Traditionally, it is the total volume of vehicle traffic of a highway or road for a year divided by 365 days. AADT is a simple, but useful, measurement of how busy the road is.
kilometre (km) or kilometer is a metric unit used, outside the US, to measure the length of a journey; the international statute mile (mi) is used in the US; 1 mi = 1.609344 km. nautical mile is rarely used to derive units of transportation quantity.
A specialized set of jargon describe the tools, equipment, and employment sectors used in the trucking industry in the United States. Some terms may be used within other English-speaking countries, or within the freight industry in general (air, rail, ship, and manufacturing). For example, shore power is a term borrowed from shipping ...
A city or location posted on a series of traffic signs along a particular stretch of road indicating destinations on that route. Controlled-access highway, motorway, or freeway. A type of highway which has been designed for high-speed vehicular traffic, with all traffic flow and ingress/egress regulated. The corduroy.
In August 2021, the record for most containers loaded onto a single ship is held by the Ever Ace, which carried a total of 21,710 TEU of containers from Yantian to Europe. [ 2] As of January 2024, the record for the largest container ship is held by MSC 's Irina -class with the capacity of 24,346 TEU.
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