Logistic terms
We’ll help you make sense of the industry jargon and terms used.
ZIP
Zone Improvement Plan
Zone
Area, belt or district extending about a certain point defined for transport and/or charge purpose.
Zone Haulage Rate
Rate for which the carrier will undertake the haulage of goods or containers between the place of delivery and the carrier’s appropriate terminal. Such haulage will be undertaken only subject to the terms and conditions of the tariff and of the carrier’s Combined Transport Bill of Lading.
Zone Improvement Plan
Abbreviation: ZIP. System to simplify sorting and delivery of mail, consisting of a number of five digits (the so-called ZIP-code) for identification of the state, city or district, and the postal zone in the USA delivery areas.