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  2. Minimum wage in the United States - Wikipedia

    en.wikipedia.org/wiki/Minimum_wage_in_the_United...

    Federal laws. The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [45] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.

  3. Less-than-truckload shipping - Wikipedia

    en.wikipedia.org/wiki/Less-than-truckload_shipping

    Less-than-truckload shipping or less than load (LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less than approximately 150 pounds (68 kg). Full truckload carriers move entire semi-trailers. Semi-trailers ...

  4. Carpe diem - Wikipedia

    en.wikipedia.org/wiki/Carpe_diem

    Carpe is the second-person singular present active imperative of carpō "pick or pluck" used by Horace to mean "enjoy, seize, use, make use of". [2] Diem is the accusative of dies "day". A more literal translation of carpe diem would thus be "pluck the day [as it is ripe]"—that is, enjoy the moment.

  5. Panama Canal - Wikipedia

    en.wikipedia.org/wiki/Panama_Canal

    Location of Panama between the Pacific Ocean (bottom) and the Caribbean Sea (top), with the canal at top center. The Panama Canal (Spanish: Canal de Panamá) is an artificial 82-kilometre (51-mile) waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean, cutting across the Isthmus of Panama, and is a conduit for maritime ...

  6. General average - Wikipedia

    en.wikipedia.org/wiki/General_average

    Admiralty law. The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionately share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency. For instance, should the crew jettison some cargo overboard to lighten the ship in a storm, the ...

  7. Breakbulk cargo - Wikipedia

    en.wikipedia.org/wiki/Breakbulk_cargo

    In shipping, break-bulk, breakbulk, [2] or break bulk cargo, also called general cargo, is goods that are stowed on board ships in individually counted units. Traditionally, the large numbers of items are recorded on distinct bills of lading that list them by different commodities. [3] This is in contrast to cargo stowed in modern intermodal ...

  8. SOLAS Convention - Wikipedia

    en.wikipedia.org/wiki/SOLAS_Convention

    t. e. The International Convention for the Safety of Life at Sea ( SOLAS) is an international maritime treaty which sets out minimum safety standards in the construction, equipment and operation of merchant ships. The International Maritime Organization convention requires signatory flag states to ensure that ships flagged by them comply with ...

  9. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...