means A batch of goods packed and sent from one place to another, especially in commerce.

from From "ship" plus the suffix "-ment," which turns an action into a thing — the way "move" becomes "movement" or "ship" (the verb, to send) becomes "shipment." The verb "ship" first meant simply to put aboard a ship, from Old English "scip," the vessel itself; over time, as goods traveled by rail, road, and air as well as sea, "ship" loosened from its watery roots and came to mean sending by any means at all. So a "shipment" today need never touch water — though the word still carries the salt of its origin.