Samskip Glossary

A glossary of words and their definitions used in the transport industry

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There are currently 20 budgies in this directory beginning with the letter C.
Capacity
Available space on a type of transport (barge, train, vessel) expressed in pay load (tonnage/ weight), TEUs and/ or units or number of transport units (for instance trucks) available. Could also apply to specific type of units, like reefers.

Capacity utilization
Measures the percentage of a modalities potential output that is actually being realized

Car carrier container
Container/load unit made especially for shipment of cars over long distances. Mostly used in road or rail transport

Carriage Insurance Paid To (CIP)
Similar to CPT, with on important difference. This rule requires the seller to take out maximum insurance cover under Institute Cargo Clauses (A) or (Air) or similar, for the buyer’s risk. The seller must give the buyer any insurance document the buyer will need in case it must claim under that insurance.

Carriage Paid To (CPT)
Risk transfers from the seller to the buyer as soon as the goods reach the nominated destination and the carrier takes charge of these.

Collection
Loading of goods into a container/ trailer at customer location or changing of pre-loading equipment. with an empty one (stand chassis operation). The collection is completed after the unit is sealed and a signed CMR/ E-CMR is received by the driver.

Collection Owner
Customer service representative responsible for arranging collection of a certain order or goods

Commercial Tender
Process where customer invite bids for large number of traffic lanes that must be submitted within a finite deadline. Based on specific terms and conditions

Commodity
Description of the cargo loaded into a container. Often described using the Harmonized System-classification system.

Consignee
The party to whom a cargo is consigned under a contract of carriage or a transport document or electronic transport record. It can be the end receiver.

Cost and Freight (CFR)
The seller is required to clear the goods for export, deliver them onboard the ship at the port of departure, and pay for transport of the goods to the named port of destination

Cost Center
Applies to function within an organization that does not directly generate revenue but still cost money to operate. Could either be a department, region and/ or activity/ modality over which costs are steered.

Cost Estimate (CE)
Approximation of the costs of an activity based on contractual rate/ terms and operational data.

Cost, Insurance and Freight (CIF)
An international shipping agreement, which represents the charges paid by a seller to cover the costs, insurance, and freight of a buyer's order while the cargo is in transit.

Cross-dock
Moving of goods from a container to trailer or vice versa. 

Curtain side container
Provides easy loading and unloading access for freight on both sides. (And where an open sided unit is not suitable.)

Customer
Someone who buys goods or services from a business.

Customer location
The premises of the customer. This can be the premises of either the shipper or the consignee.

Customer Specific agreement
A customized agreement based on the Samskip default agreement. The specific agreement must have a validity-start-date and a validity-end-date. The conditions and charges of the Samskip customer specific agreement apply to a transport if the rate-agreement based on which the booking is created refers to the Samskip default agreement.

Cut-off
The latest point in time where a container has to be delivered to a terminal to be loaded on a modality, or where certain documentation has to be provided by the Shipper (cutt-off for documents). Example: CY cut-off, FCL cut-off, VGM cut-off, DG cut-off."