Bamboo Raft with Chest Inventory says "Boat with Chest"

I placed a bamboo raft with a chest, got in, opened the inventory, and read the label.

What I expected to happen was...:
I expected it to read "Bamboo Raft with Chest" or "Raft with Chest."

What actually happened was...:
Instead, it read "Boat with Chest"

Steps to Reproduce:
1. Open the inventory of a Bamboo Raft with a Chest
2. Read the label.