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Glossary Term

Carrier Owned Container (COC)

Carrier Owned Container (COC) Definition:

A carrier-owned container is owned by the logistics or shipping company and is usually rented out to the consignee.

In the logistics industry, shipping lines usually own and operate their container, which they lease out to clients or consignees on agreed terms and duration. The cargo containers are branded with the owner or shipping company's logo and markings in compliance with set transport regulations. These markings make it easy to track and identify the containers. COCs follow international standardization protocols and terms, including features, size, construction, etc. Also, in COC, the container owner is responsible for repairs and maintenance of the containers. It also includes regular inspection and upkeep processes.

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ACEP (Approved Continuous Examination Program)  Aggregate Shipment API (Application Programming Interface) Backhaul BAF (Bunker Adjustment Factor) Beneficial Cargo Owner BIC (Bureau International des Containers) Bill of Lading BPD (Barrels Per Day) Cabotage Cabotage Containers Carrier Carrier Owned Container (COC) CBM Chassis Check Digit Clear Height Combo Chassis Compound Annual Growth Rate (CARG) Consignee Consignor Container Freight Station Container Imbalance Container Imbalance Charges Container Inspector Container Logistics Container Terminal Container Yard Cross Docking CSC Plate Damage Protection Plan (DPP) Damage Replacement Value (DRV) Electronic Data Interchange (EDI) Electronic Logging Device (ELD) Fifth Wheel Flat Rack Container Flatbed Garments on Hanger (GOH) Gateway HazMat High cube Container In Bond/A container Ingate Joint Rate Kingpin Known Loss Landed Cost Master Bill of Lading (MBL) MGM Non-Vessel Operating Common Carrier (NVOCC) O/H (Overheight) O/S (Open Sided Shipping Container) Payload