Shipping Glossary

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  • Joint Rate
    A rate from a point located on one transportation line to a point on another transportation line which is published in a single tariff.
  • Jones Act
    Section 27 of the Merchant Marine Act of 1920, requiring that all shipments by water between ports in the United States (including Puerto Rico) be carried by U.S.-flag, be U.S.-built, and U.S.-crewed vessels.
  • Journal of Commerce JOC
    Journal of Commerce A trade publication. Trade transportation journal.
  • Just-In-Time JIT
    In this method of inventory control, warehousing is minimal or non-existent; the container is the moveable warehouse and must arrive "just in time," i.e. not too early and not too late.