Owner Code (SCAC)

Standard Carrier Abbreviation Code identifying an individual common carrier. A three letter carrier code followed by a suffix identifies the carrier’s equipment. A suffix of “U” is a container and “C” is a…

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…

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.

Panamax Vessel

The largest size vessel that can traverse the Panama Canal. Current maximum dimensions are: Length 294.1 meters (965 feet); width 32.3 meters (106 feet); draft 12.0 meters (39.5 feet) in tropical fresh water;…

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.