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...
FOB-origin, freight collect: consignee pays freight charges and owns goods in
transit. ... Terms for the handling of claims are usually stipulated in the freight bill.
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 ...
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 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 ...
Glossary Of International Shipping Terms. A8A Manifest. A form issued by a
licensed Custom's Broker which allows CCRA to monitor in bond shipments.
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 ...
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 ...
International Shipping from the USA: Glossary of Shipping Terms. GET INSTANT
OCEAN FREIGHT PRICE QUOTE ONLINE IN OUR WEBSITE 24/7.
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," ...