Umbrella Rate: An ICC ratemaking process which kept rates to a specific level to protect traffic in another mode.
Unbundled Payment/Remittance: The mechanism in which payment is delivered separately from the relevant data.
UNECE: United Nations Economic Commission for Europe.
Uniform Code Council (UCC): An agency in the United States that administers UCS, WINS, and VICS and offers UCS recognition codes and UPC codes. Often, a model set of rules regulating commercial transmissions, such as sales, contracts, bank deposits and collections, business paper, and letters of credit. By implementing its articles of law, individual States grant the UCC legal power.
Uniform Product Code (UPC): The retail industry uses a standard commodity numbering and barcoding scheme. The Uniform Code Council administers codes UPC. They identify both the manufacturer and the object, and are included in virtually every retail packaging.
Uniform Warehouse Receipts Act: The act that sets out the Public Warehousing regulations. The regulations define the legal responsibility of a warehouse manager and define the types of receipts which he or she issues.
Unit Cost: The cost of a single unit of product. The total cost of a product or service being manufactured divided by the total number of units. The cost of a single unit of measure that is underlying a resource, operation, commodity, or service. It is calculated by dividing the total expense by the volume assessed. Measurement of unit costs must be used with caution because it may not always be realistic or applicable in all areas of cost control.
Unit Load Device (ULD): Refers to airfreight containers and pallets.
Unit of Measure (UOM): The unit that manages the quantity of an object, e.g., pounds, each, box of 12, pack of 20, or case of 144. There may be diverse UOMs for a single item. In instances, for instance, a commodity may be ordered, packed in boxes and distributed in single units.
Unit Train: An complete, uninterrupted movement of the locomotive, car and caboose between origin and destination.
United Nations Standard Product and Service Code (UN/SPSC): The United Nations and Dun & Bradstreet (D&B) formed together. It has a coding structure of nearly 9,000 items on five levels (segment, family, class, service, business function).
United States Railway Association: Conrail planning and financing agency; established by the 1973 3-R Act.
Unitization: In warehousing, consolidating multiple units into larger units with fewer handlings.
Unitize: Consolidating multiple packages into one unit; holding harness, band, or otherwise connecting together the various packages.
Unplanned Order: Received orders which do not fit into the volumes prescribed by the plans produced from forecasts.
Upsell: The practice of attempting to sell a higher-value product to the customer.
Upside Production Flexibility: The number of days required to complete the production and distribution of an unplanned sustainable 20 percent increase in the prevailing product line’s end-product supply. The one constraint expected to be the main obstacle to a 20 per cent increase in the supply of end products as measured in days is Upside Flexibility: the main constraint. Flexibility upside down will impact three possible areas: direct labor supply, internal production capacity and key components or availability of materials.
Upstream: Principal movement route for customer orders that occur at the point of sale or use, as well as other flows such as movement of the return product, sales payments etc. Downstream opposite of.
Urban Mass Transportation Administration: v.