Cost, Insurance, and Freight (CIF) agreement terms used in international trade that indicate the seller must cover the costs, insurance, and freight to deliver goods to the destination port.
A distribution center is a dedicated warehouse facility that focuses on the efficient collection, storage, and shipment of products. It plays a critical role in the supply chain by ensuring timely and accurate delivery of merchandise from manufacturers to retailers or directly to consumers.
EXPRESS MAIL next-day delivery guaranteed for shipments between major U.S. cities, available from the U.S. Postal Service for letters or packages of up to 70 pounds. Postage costs vary by weight, distance, and specific type of Express Mail used.
FedEx, formerly known as Federal Express, is a global courier delivery services company specializing in overnight shipping, freight, logistics, and international trade solutions.
Free Alongside Ship (FAS) is a shipping term used in international trade where the seller's responsibility ends once the goods are placed alongside the vessel. The buyer then assumes all risks and costs from that point forward.
The term 'Gross Weight' refers to the total weight of the contents along with its shipping container. This is an important concept in logistics and shipping.
An in-depth look at House to House Transportation—covering its definition, application, benefits, and considerations in logistics and supply chain management.
INCOTERMS are standardized international trade terms published by the International Chamber of Commerce to promote uniform understanding in global commerce. Established in 1936, these terms facilitate clear communication and efficiency in international trade transactions.
An inland carrier plays a crucial role in logistics by transporting goods from a port of entry to various inland destinations. Learn about their functions, importance, and industry practices.
An in-depth exploration of joint fare and joint rate in transportation, including definitions, applications, historical context, and frequently asked questions.
A comprehensive overview of Less Than Carload (LCL) shipping in freight transportation, including definitions, types, considerations, examples, historical context, and related terms.
Comprehensive explanation of Lighterage, a maritime charge for unloading a ship using barges, including types, historical context, applicability, comparisons, and related terms.
An Order Bill of Lading is a negotiable bill that allows the shipper to sell the document and the underlying goods to any party by endorsing the bill of lading. It mandates the carrier to release the goods only upon presentation of the bill.
Parcel Post is a class of mail service offered by the U.S. Postal Service for sending merchandise or printed matter weighing more than 16 ounces. The service includes postal inspection, with specific weight and size limitations, as well as special rules for certain items.
RECONSIGN refers to the process of changing the destination or consignee of freight while it is currently in transit, ensuring flexibility and adaptability in the logistics and supply chain operations.
Special Handling is a U.S. Postal Service designation for packages containing items that require careful handling due to their susceptible nature, such as live animals or perishable produce.
Standing orders facilitate the repeated shipment of goods without the need for specific reorders, adhering to predetermined quantity and time limitations.
Detailed explanation of 'Stowage' in maritime shipping, including its importance, principles, and techniques used to arrange freight to minimize risks to ship and cargo.
A comprehensive explanation of tracers used for tracking the delivery and status of mail, including types, functions, examples, and historical context.
A waybill is a crucial document in the logistics and transportation sector, providing detailed information on the route of goods, shipping costs, and facilitating the tracking and management of shipments.
An in-depth exploration of Cost and Freight (CFR) terms in foreign trade contracts, outlining the seller's obligations for arranging sea transportation and providing necessary documents for the buyer.
Detailed explanation of what CWT (Hundredweight) is, its historical context, calculation methods, and its use in trading commodities contracts and the shipping industry.
An in-depth exploration of General Order (GO) for imports that lack complete documentation, including the procedures, implications, and solutions for handling such shipments at customs.
A comprehensive overview of the International Maritime Organization (IMO), its role in promoting maritime safety and environmental protection, and its impact on international shipping.
A comprehensive guide to understanding the negotiable bill of lading, its functionality, legal implications, historical development, and practical applications in the realm of shipping and trade.
A comprehensive explanation of the ocean bill of lading, covering its definition, types, functions, legal implications, and practical applications in international shipping.
Dive into the comprehensive meaning, overview, and requirements of Open Cover marine insurance policies, detailing the coverage, applicability, and essential considerations.
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