A formula of the specific factors or elements that control the making of a rate. A rate can be based on any number of factors (i.e., weight, measure, equipment type, package, box, etc.).
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Reconsignment

Changing the consignee or destination on a bill of lading while shipment is still in transit. Diversion has substantially the same meaning.
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Recourse

A right claim against the guarantors of a loan or draft or bill of exchange.
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Reefer

Refrigerated container.
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Related Points

A group of points to which rates are made the same as or in relation to rates to other points in group.
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Relay

To transfer containers from one ship to another when both vessels are controlled by the same network (carrier) manager.
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Remittance

Funds sent by one person to another as payment.
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Restricted Articles

Articles handled only under certain conditions.
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Revenue Ton (RT)

A ton on which the shipment is freighted. If cargo is rated as weight or measure (W/M), whichever produces the highest revenue will be considered the revenue ton.  Weights are based on metric tons and measures are based on cubic meters.  RT=1 MT or 1 CBM.
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"Ro/Ro"

A shortening of the term, "Roll On/Roll Off." A method of ocean cargo service using a vessel with ramps which allows wheeled vehicles to be loaded and discharged without cranes.
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Roll

To re-book cargo to a later vessel.
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Rolling

The side-to-side (athwartship) motion of a vessel.
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Route

The manner in which a shipment moves; i.e., the carriers handling it and the points at which the carriers interchange.
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RVNX

Abbreviation for "Released Value Not Exceeding." Usually used to limit the value of goods transported. The limitation refers to carrier liability when paying a claim for lost or damaged goods.

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