Weight Break

The shipment volume at which the LTL charges equal the TL charges at the minimum weight.

Weight Confirmation

The practice of confirming or validating receipts or shipments based on the weight.

Wharfage

A charge assessed by a pier or dock owner against the cargo or a steamship company for use of the pier or dock for the handling of incoming or outgoing cargo.

Work in Process (WIP)

Parts and subassemblies in the process of becoming completed finished goods. Work in process generally includes all of the material, labor, and overhead charged against a production order which has not been absorbed back into inventory through receipt of completed products.

Zone of Rate Flexibility

Railroads may raise rates by a percentage increase in the railroad cost index that the ICC determines; the railroads could raise rates by 6 percent per year through 1984 and 4 percent thereafter.