Brake fade

1) A phenomenon whereby brake linings and drums (discs even) overheat under constant (heavy) use on long or steep downhill gradients and gradually lose performance. Can be overcome by the use of retarders, exhaust brakes, etc.

Bracket tariff

1) In EU member states where tariffs used to be applied to road haulage rates the bracket is the spread between the upper and lower tariff limits.

Box

1) Common parlance for an ISO-type container.

BOO

1) Build, own and operate. A strategy used in, for example, the development of distribution centres whereby the developer buys the land, builds the facility and then operates it.

Bonded warehouse

1) Warehouse where goods are stored under Customs control and released only on payment of any duties due.

Bond

1) Form of guarantee made to customs for specified amount of duty to be paid.