A classification that represents ease or difficulty of loading and carrying the freight is assigned to the items. Liability: Liability is probability of freight theft or damage, or damage to adjacent freight.
Definition of banana republic. : a small dependent country usually of the tropics; especially : one run despotically.
History [edit]. The original Banana Republic was founded by Mel and Patricia Ziegler in 1978. Gap Inc. acquired Banana Republic in 1983, eventually rebranding it as a mainstream luxury clothing retailer.or other uses, see Banana republic (disambiguation) . Banana Republic is a clothing and accessories retailer owned by American multinational corporation, Gap Inc. It was founded in 1978 by Mel and Patricia Ziegler with a safari theme; in 1983, Gap purchased the company and gave it a more upscale image.