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The consignee is the recipient of the transported goods to whom the cargo’s ownership will be assigned once it is cleared at the destination.
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The consignee is the recipient of the transported goods to whom the cargo’s ownership will be assigned once it is cleared at the destination.
Delivered at Place (DAP) is an incoterm in which the seller undertakes all risks until the point of offloading at an agreed destination.
Delivered at Place Unloaded (DPU) is an incoterm that requires the seller to deliver the goods to a specific location after they have been unloaded.
EXW (Ex Works) is an incoterm that the buyer collects goods from the seller’s designated place, and bears all costs and risks up to the destination.
Free Alongside Ship (FAS) is an incoterm in which the seller delivers the cargo, clears the export, and places it alongside a vessel at a named port.
Free on Board (FOB) is an incoterm that specifies when the seller and buyer take on the respective costs, obligations, and risks for the cargo in delivery.
Cost and Freight (CFR) is an incoterm in which the seller covers the cost of delivery to the named port, export clearance, and vessel loading.
CIF (Giá thành, Bảo hiểm, Cước phí) là một điều khoản thương mại quốc tế yêu cầu người bán phải giao hàng, thông quan xuất khẩu và cung cấp phạm vi bảo hiểm tối thiểu.
Free Carrier (FCA) is an incoterm that requires the seller to clear the export and deliver the goods to a named place for transfer to the carrier.
An Importer Security Filing (ISF) is a filing requirement of the US Customs and Border Protection (CBP) for all ocean shipment imports bound for the US.
Chovm Logistics Glosssary – Your go-to glossary for logistics and trade on Chovm.com Reads.