of, or having the nature of, a residue or residuum; left over after part or most is taken away; remaining. see residue and amp; -al. Origin of residual. 1  what is left at the end of a process; something remaining. â 2  the fee paid to a performer for each rerun of filmed or taped material, as on television: often used in pl. 3  Geol. 4  monadnock. 5  Math. the difference between an actual value of some variable and a mean or other estimated value.
Definition of bulk shipping. The activity of moving goods in large quantities from one place to another, especially materials such as coal or grain.
(http://www.bls.gov/web/srv2.htm). Crude oil tanker freight consists of bulk crude oil. shipments measured in barrels. Other liquids. transported in tankers, such as chemicals and liquid. natural gas, are not included in this index. The scope of. the service measured is ocean transportation; therefore, the service being priced is from port to port.