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Rail Carrier: 
An enterprise that offers service via rail carriage.

Rail Waybill: 
The bill of lading issued by rail carriers to their customers.

random access memory (RAM): 
Temporary memory on micro chips. Users can store data in RAM or take it out at high speeds.  However, any information stored in RAM disappears when the computer is shut off.

rate basis number: 
The distance between two rate basis points.

rate basis point: 
The major shipping point in a local area; carriers consider all points in the local area to be the rate basis point.

rate bureau: 
A carrier group that assembles to establish joint rates, to divide joint revenues and claim liabilities, and to publish tariffs. Rate bureaus have published single line rates, which were prohibited in 1984.

Rated Bill of Lading: 
See
Freight Bill.

Rates: 
Established charges for the transport of goods.

reasonable rate: 
A rate that is high enough to cover the carrier's cost but not high enough to enable the carrier to realize monopolistic profits.

Recapture Clause: 
A provision of the 1920 Transportation Act that provided for self-help financing for railroads. Railroads that earned more than the prescribed return contributed one-half of the excess to the fund from which the ICC made loans to less profitable railroads. The Recapture Clause was repealed in 1933.

Receipt Location: 
A location that will receive goods.

Receipt Point: 
The place where cargo enters the care and custody of the carrier.

Receiver: 
An enterprise that receives goods/services.

Reciprocity: 
The practice by which governments extend similar concessions to each other.

reconsignment: 
A carrier service that permits a shipper to change the destination and/or consignee after the shipment has reached its originally billed destination and to still pay the through rate from origin to final destination.

Reed-Bulwinkle Act: 
Legislation that legalized common carrier joint ratemaking through rate bureaus; extended antitrust immunity to carriers participating in a rate bureau.

Reefer: 
A container with a self-contained refrigeration unit, used for the transportation of perishable cargo.

reengineering: 
A fundamental rethinking and radical design of business processes to achieve dramatic improvements in performance.

refrigerated warehouse: 
A warehouse that is used to store perishable items requiring controlled temperatures.

regional carrier: 
A for-hire air carrier, usually certificated, that has annual operating revenues of less than $75 million; the carrier usually operates within a particular region of the country.

regular-route carrier: 
A motor carrier that is authorized to provide service over designated routes.

relay terminal: 
A motor carrier terminal that facilitates the substitution of one driver for another who has driven the maximum hours permitted.

Release Approval: 
A document to advise that goods are available for further movement or action.

released-value rates: 
Rates based upon the shipment's value. The maximum carrier liability for damage is less than the full value, and in return the carrier offers a lower rate.

reliability: 
A carrier selection criterion that considers the carrier transit time variation; the consistency of the transit time the carrier provides.

reorder point: 
A predetermined inventory level that triggers the need to place an order. This minimum level provides inventory to meet the demand a firm anticipates during the time it takes to receive the order.

reparation: 
A situation in which the ICC requires a railroad to repay users the difference between the rate the railroad charges and the maximum rate the ICC permits when the ICC finds a rate to be unreasonable or too high.

Request: 
An appeal for a transaction of goods/services between two enterprises.

Requested Arrival Date: 
The date the shipment must arrive at the destination.

Restricted Articles: 
An airline term referring to a hazardous material as defined by Title 49, Code of Federal Regulations (U.S.) and Air Transport Restricted Articles Circular 6-D. Restricted articles transported domestically may be classified as dangerous goods when transported domestically may be classified as dangerous goods when transported internationally by air.

Retaliation: 
An action taken by a country to restrain its imports from another country that has increased a tariff or imposed other measures that adversely affect the first country's exports.

reverse logistics: 
The process of collecting, moving, and storing used, damaged, or outdated products and/or packaging from end users.

right of eminent domain: 
A concept that, in a court of law, permits a carrier to purchase land it needs for transportation right-of-way; used by railroads and pipelines.

RO/RO: 
See Roll-on/Roll-off.

roll-on-roll-off (RO-RO): 
A type of ship designed to permit cargo to be driven on at origin and off at destination; used extensively for the movement of automobiles.

Route: 
A complete movement of a shipment from its origin to its destination by a carrier.

RRM: 
Rapid Response Manufacturing.

rule of eight: 
Before the Motor Carrier Act of 1980, the ICC restricted contract carriers requesting authority to eight shippers under contract. The number of shippers has been deleted as a consideration for granting a contract carrier permit.

rule of ratemaking: 
A regulatory provision directing the regulatory agencies to consider the earnings a carrier needs to provide adequate transportation.

 

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