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Incoterms - Wikipedia


The Incoterms rules or International Commercial Terms are a series of pre- defined commercial .... CPT replaces the C&F (cost and freight) and CFR terms for all shipping modes outside of non-cont...

Logistics Glossary – Universal Cargo


FOB-destination, freight prepaid: shipper pays freight charges and owns goods in ... Terms for the handling of claims are usually stipulated in the freight bill.

Glossary of Shipping Terms | YRC Freight - The Original LTL Carrier ...


An air waybill is a shipping document airlines use. Similar to a bill of lading, the air waybill is a contract between the shipper and airline that states the terms and  ...

freight terms of sale – Freight Management Logistics


Buyers and sellers may also state in the shipping contract what law or code they are using to define the term as several standards exist including Incoterm and ...

Glossary of Supply Chain Terms - Inbound Logistics


Stated in terms of units, dollars, or both, the aggregate forecast is used for sales and .... Audit: In reference to freight bills, the term audit is used to determine the ...

Freight Terms & Terminology | Shipping Definitions | What A Freight ...


The Bill of Lading (BOL) is the contract between the shipper and the carrier. This transportation contract identifies the freight, consignee, shipper, and the terms ...

fob definition | shipping terms of sale - Dsi Tms


freight charges, and 2) the point at which title for the shipment passes from Seller to Buyer. The FOB location terms, Origin and Destination, may be qualified by ...



International Shipping from the USA: Glossary of Shipping Terms. GET INSTANT OCEAN FREIGHT PRICE QUOTE ONLINE IN OUR WEBSITE 24/7.

"Prepaid” and “Collect” in a Nutshell - PARCEL Industry


Sep 21, 2010 ... Even though the terms "FOB Origin" and "FOB Destination" define the payment obligation, it is common practice to add a "freight payment term," ...

Cost and Freight - CFR Definition | Investopedia


A trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to ...

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Glossary of Shipping Terms - World Shipping Council


8. The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. We hope you will find it useful.

Freight, Shipping & Logistics Terminology | Freightquote


Whether you're new to the freight industry or just want to brush up on freight terms , our shipping dictionary is your go-to resource. It covers the terms you need to ...

Freight Basics - INCO Terms - Mainfreight


Oct 5, 2013 ... INCO Terms help break down language barriers between international exporters and importers. We have put together a simple guide to explain ...