|
Term
|
Definition
|
| AAR |
The Association of American Railroads. This association acts in the capacity of general staff for the railroads as a whole and takes the initiative on all subjects relating to American Railroad progress and improvement of transportation service. Reference is usually made to the AAR as far as scrap is concerned, with regard to the Standard Specifications which the AAR has prescribed for various grades of iron and steel scrap.
|
| Abandonment |
When a railroad decides that a portion of track is no longer useful, it decides to have the track torn up and removed. |
| Absorption |
The charges of one carrier are being assumed by another without increase to the shipper. |
| AC Furnace |
An EAF that has three electrodes and uses alternating current. |
| Accessorial Charges |
Charges made for accessorial service. |
| Accessorial Service |
Any charge other than the applicable freight charges advanced by one transportation line to another, or by the shipper, to be collected from the consignee or the company paying the freight bill. |
| Accumulation |
The amount of material expected to be produced or generated by an industrial plant over a given period of time. Contracts are written on an "accumulation" basis usually for a calendar month but may cover other periods as well. |
| Actual Tare |
The result of weighing a vehicle immediately before loading or immediately after unloading the specific material in the shipment with which we are concerned. |
| Advance |
A payment for a portion of the anticipated value of a shipment forwarded to the shipper prior to our having ascertained mill weights and/or other details essential to a final settlement with him. |
| Advanced Charge |
Any charge other than the applicable freight charges advanced by one transportation line to another, or by the shipper, to be collected from the consignee or the company paying the freight bill. |
