A B C D E F G H I J K L M N O P Q R S T Y V W X Y Z
Mafi Trailer |
German brand name of a roll trailer used for RoRo purposes. |
Maiden Trip |
First voyage of a vessel or aircraft after delivery from new-building to her owner(s). |
Main Carriage |
The primary stage in the movement of cargo from the point of origin to the intended final destination.
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Main-line Operator |
Abbreviation: MLO |
A carrier employing vessel(s) in the main or principal routes in a trade but not participating within a consortium. |
Maintenance Chain |
A sequence of events in a goods flow which preserves and/or restores the value of a specific good. This may include repairs. |
Manifest |
Document, which lists the specifications of goods, loaded in a means of transport or equipment for transportation purposes.
As a rule cargo the agents in the place of loading draw up manifests. Note: For Orient Ekspres Ltd. a manifest represents a cumulation of Bills of Lading for official and administrative purposes. |
Manufacturers Plate |
A plate indicating the name and address of the container manufacturer and particulars of the container. |
Manufacturing Process |
The producing of goods or wares by manual labour or machinery, often on a large scale and with division of labour. |
Manufacturing Resource Planning |
Abbreviation: MRP-II |
A method for the effective planning of a manufacturing company, being a direct out-growth and extension of MRP-I. |
Marine Insurance Policy |
An insurance policy protecting the insured against loss or damage to his goods occurred during ocean transport. |
Market Analysis |
Systematic investigation of the growth and the composition of a market. |
Marketing |
The process of organising and directing all the company activities which relate to determining the market demand and converting the customers buying power into an effective demand for a service and bringing that service to the customer. |
Marks |
See Shipping Marks |
Master Data |
The set of data that is needed to establish sufficient reference material to support the maximum use of pre-coded, pre-agreed information enabling more efficient transaction messaging. |
Master Production Schedule |
Abbreviation: MPS |
A realistic, detailed, manufacturing plan for which all possible demands upon the manufacturing facilities (such as available personnel, working hours, (management) policy and goals) have been considered and are visualised. The MPS is a statement of what the company expects to produce and purchase expressed in selected items, specific quantities and dates. |
Mate's Receipt |
A document signed by the chief officer of a vessel acknowledging the receipt of a certain consignment on board of that vessel. On this document, remarks can be made as to the order and condition of the consignment. |
Material Requirements Planning |
Abbreviation: MRP-I |
An inventory and purchasing planning system that integrates product components, lead times and deadlines. |
Materials Handling |
The activities of loading, unloading, placing and manipulating material and of in-process movement. |
Materials Management |
The planning and control of the activities related to the materials flow from the suppliers up to the end of the conversion/production process. |
Means of Transport |
Type of vehicle used for the transport of goods (e.g. aircraft, barge, truck, vessel or train). |
Measurement Ton |
A ton of one cubic metre water. |
Mechanics Lien |
The legal enforceable claim, which a person who has performed work or provided materials is, permitted to make against title to the property or as a preferential person in the event the estate or business is liquidated. |
Medical First Aid Guide |
Abbreviation: MFAG |
Instructions to be consulted in case of accidents involving dangerous goods. |
Memo Bill |
See Service Bill of Lading |
Merchant |
For cargo carried under the terms and conditions of the Carrier's Bill of Lading and of a tariff, it means any trader or persons (e.g. Shipper, Consignee) and including anyone acting on their behalf, owning or entitled to possession of the goods. |
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Merchant Haulage |
Inland transport of cargo in containers arranged by the Merchant.
It includes empty container-moves to and from hand-over points in respect of containers released by the Carrier to Merchants. Note: Carrier's responsibility under the Bill of Lading does not include the inland transport stretch under Merchant Haulage. |
Meta-centric Height |
The distance between the centre of gravity of a vessel and a fictitious point. If the metra- centric height is zero or negative, the vessel will heel or capsize. |
Minimum Charge |
The lowest amount which applies to the transport of a consignment, irrespective of weight or volume. |
Minimum Inventory |
The planned minimum allowable inventory for an independent demand item. |
Minor Unit |
Unit of recorded value (i.e. as recorded by banks) which is a division of the respective unit of currency.
Examples are the cent being a one hundredth part of the US Dollar. Note: Some countries have minor units that are used in low-value coinage within a country or locality, but which are not used by the international banking system in making formal records of value. Examples: Belgium, Greece and Spain. |
Mixed Consignment |
A consignment of different commodities, articles or goods, packed or tied together or contained in separate packages. |
Mode of Transport |
Method of transport used for the conveyance of goods, (e.g. by rail, by road, by sea). |
Model |
A representation of a process or system that attempts to relate the most important variables in the system in such a way that analysis of the model leads to insights into the system. |
Module |
A separate and distinct unit of hardware or software that may be used as a component in a system. |
Movement |
The act or process of changing the position of an object and or people. |
Movement Inventory |
The inventory during a production process caused by the time required to move goods from one place to another. |
Multi Purpose Carrier |
See Multi Purpose Vessel |
Multi Purpose Vessel |
Vessel designed for the carriage of different types of cargo: general, bulk, heavy and/or containerised cargo. |
Multimodal Transport |
The carriage of goods (containers) by at least two different modes of transport. |
Multimodal Transport Document |
See Combined Transport Document |
Multimodal Transport Operator/Carrier |
Abbreviation: MTO/Carrier |
The person on whose behalf the transport document or any document evidencing a contract of multimodal carriage of goods is issued and who is responsible for the carriage of goods pursuant to the contract of carriage. |
Multiple Sourcing |
Selecting of and working with more than two equivalent suppliers for a certain product. |