P

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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The terms in this glossary have been carefully selected by ValveDepot. We hope you will find it useful.   This information is for reference only.  ValveDepot will not have any liability for mis-use this information.

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