| Term | Definition |
|---|---|
| Weights and Measures/Measurement ton |
40 cubic ft or one cubic meterNet ton/short ton 2000 lbsGross ton/long ton 2240 lbsMetric ton/kilo ton 2204.6 lbsCubic meter 35.314 cubic ft |
| Well Car |
Also known as stack car. A drop frame rail flat car. |
| Wharf |
A structure built on the shore of a harbour extending into deep water so that vessels may lie alongside. |
| Wharfage (Whfge.) |
Charge assessed by a pier or dock owner against freight handled over the pier or dock or against a steamship company using the pier or dock. |
| WIBON |
Whether In Berth or Not. |
| Windy Booking |
A freight booking made by a shipper or freight forwarder to reserve space but not actually having a specific cargo at the time the booking is made. Carriers often overbook a vessel by 10 to 20 percent in recognition that windy booking cargo will not actually ship. |
| Without Recourse |
A phrase preceding the signature of a drawer or endorser of a negotiable instrument, signifies that the instrument is passed onto subsequent holders without any liability to the endorser in the event of nonpayment or no delivery. |
| World Trade Organization (WTO) |
The WTO is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements negotiated and signed by the bulk of the worlds trading nations and ratified in their parliaments. The goal is to help producers of goods and services exporters and importers conduct their business. |
| WPA |
With Particular Average. |
| WWD |
Weather Working Days. |
| Yard |
A classification storage or switching area. |
| Zulu Time |
Time based on Greenwich Mean Time. |