Cargo refers to freight or merchandise transported on a transportation vehicle, such as a ship, airplane, truck, or train, excluding passengers. It covers a broad range of goods, from raw materials to finished products, playing a crucial role in global trade and logistics.
An entity engaged in the business of providing transportation services for passengers or cargo. Carriers can operate across various modes of transportation including air, sea, road, and rail.
Lading refers to the cargo that is shipped and transported from one place to another via various modes of transportation such as ships, trucks, trains, or planes. The term also extends to the document known as the Bill of Lading, which acts as a detailed receipt of the shipment, outlines the condition of the cargo, and serves as a contract between the shipper and the carrier.
Payload refers to the cargo or freight that produces revenue or income, typically measured by weight. It encompasses merchandise transported by carriers for profit, including returned merchandise that does not result in additional trips.
