FreightAmigo Academy – Shipping Terms

All | # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
There are currently 4 terms in this directory beginning with the letter J.
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
The Jones Act is section 7 of the Merchant Marine Act of 1920 that prohibits any non-US built or non-US flagged vessel from participating in trade between points of the United States. Named after its sponsor Senator Wesley Jones, the Jones Act also extends employer liability of US vessel employee injuries. Under the Jones Act, all vessels whose trading voyage begins anywhere in the US and delivers anywhere in the US (including Puerto Rico) must be built in the US, staffed by US crews, and owned by US citizens or corporations. The Jones Act is administered by MARAD (United States Maritime Administration), an agency within the US Department of Transportation.

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.