railroads

carrier

Carrier is anyone that transports people or property for hire by any means of conveyance (land, water, air or pipeline). There are two types of carriers: common carriers and private carriers.

Common carriers offer...

carrier's lien

A carrier’s lien is defined as a type of lien that gives a security interest in shipped goods to a shipper that publicly operates a business for the transportation of goods. This lien typically arises when the shipper takes possession of the...

carrying for hire

Carrying for hire is the transferring of individuals or property for some form of payment. Carrying for hire may arise regarding insurance or liability issues where a company contracted not to be responsible for non-personal activities. There...

channels

In the context of transportation; channels are the highways, waterways, and air traffic of the country.

See also: Instrumentalities

[Last updated in July of 2022 by the Wex Definitions Team]

charter

First, a charter can be defined broadly as the highest law of an entity. More specifically:

In corporate law, the articles of incorporation. In public law, the instrument by which a municipality is incorporated (e.g., city charter...

commerce

Commerce refers generally to the activity of exchanging products, goods, and services for financial gain. The word commerce usually is used to mean economic activity broadly on a national or other large scale. Commerce can be used in many...

Commerce Clause

The Commerce Clause refers to Article 1, Section 8, Clause 3 of the U.S. Constitution, which gives Congress the power “to regulate commerce with foreign nations, among states, and with the Indian tribes.”

Congress has often...

common carrier

A common carrier is a person or a commercial enterprise that transports passengers or goods for a fee and establishes that their service is open to the general public. Typical examples of common carriers include, a shipowner, railroad,...

Jones Act

The Jones Act, also known as the Merchant Marine Act of 1920, is a federal statute establishing support for the development and maintenance of a merchant marine in order to support commercial activity and serve as a naval auxiliary in times...

passenger

A passenger is an occupant of a car, train, boat, airplane, or other transportation vehicle other than the person operating it or a member of the crew. Generally, a passenger is owed a duty of care by a carrier. However, some states draw a...

Pages