Background and Context........................................................................................................... 3. B. Purpose of this Guidance .......................................................................................................... 4. C. Target Audience, Status and Content of the Guidance ............................................................ 5. D. Scope of the Guidance: terminology, Key features and business models................................
A lien holder is someone who has either leased a vehicle to you with an insurable interest, or given you money on loan to buy it. The lien holder is usually a bank or another financial firm. When insuring your car, the lien holder is also included on your policy. This will protect the lien holder in the event that you are in an accident and damage the vehicle. The lien holder has a secured interest in the car.
Car Initial 4-byte initial of the unit that carried the commodity. Usually this 4-byte initial is stenciled on the equipment. A unit is a car, van or container. Trailer initials usually ends in Z as in JBHZ and container initials in U, e.g., JBHU.Carload Shipment of not less than 5 tons of one commodity Car Hire Compensation to be paid by a user to an owner for use of a car.ack Haul 1. Haul a shipment over part of the reverse route the car traveled with the initial load. 2. Shipment hauled back over part of or the entire route of the car.3. Shipment moving in the direction of the light flow of traffic.4. Picking up a load in a piece of equipment that normally runs empty.