Freight, shipping and chartering glossary

Term Meaning
Manifest A list of all cargoes that pertain to a specific shipment, grouping of shipments, or piece of equipment.
Marine Insurance Loss and damage insurance at sea excludes losses that can be recovered from the carrier.
Material Safety Data Sheet (MSDS) A document that contains information about the physical, chemical, explosive, and radioactive data of hazardous materials in a shipment.
Measurement ton Forty cubic feet; used in water transportation rate making.
Merchandise Processing Fee (MPF) A fee for customs clearance and border protection related to most imported goods, whether formal or informal entry.
Modal split The relative use that companies make of transportation modes; the statistics include ton-miles, passenger-miles, and revenue.
Multimodal Shipping The use of more than one mode of transport for the transport of goods.