The Determinants of Freight Class The assignment of freight class is based on several factors that collectively define the nature of the cargo, including: 1. Density: This refers to the relationship between the weight of a shipment and the space it occupies. Commodities with higher density tend ...
With staff in all major ports, we can take care of your shipment from pick-up to end destination. Global network of intercontinental and short sea freight routes using premium carriers Flexibility in arranging transport by scheduled or charter services Complete project transport and logistics ...
What is a freight forwarder and what are the advantages of working with a freight forwarder? Freight forwarders act as an intermediary between the company who makes the shipment and the final destination for the goods. Although they do not carry out the shipments themselves, they offer different...
or terms of sale, that describe shipment specifics. These might include the time and place of delivery, payment, the point at which therisk of lossshifts from the seller to the buyer, and the party responsible for freight and insurance costs. ...
What is an In-Bond Shipment? An In-Bond Shipment refers to goods that are transported under the supervision of customs authorities from the point of entry to an inland destination, where they await clearance or re-export. This arrangement allows the shipment to move within the country without ...
Internally, what the company does is to consolidate everything in one single cargo for each of the countries they serve and then the shipment is classified as Freight All Kind (FAK). This way customs agents charge them a standard tariff for the whole cargo’s value and customers get what ...
A “yes” to both of these questions can save you and your customers significant money. Are you a seasonal business that sees a lot of inventory turnover? Ensure your partners don’t charge extra for each inbound shipment or things will get pricey fast. ...
Free on Board is a shipping term for the point in the supply chain when a buyer or seller becomes liable for the goods being transported. Free on Board (FOB) is a shipment term that defines the point in the supply chain when a buyer or seller becomes liable for the goods transported. ...
What is landed cost, and why is it so important to your business’s bottom line? Discover all in our dedicated guide, including how to calculate your shipment’s landed cost. 1. What is landed cost? Let’s start with a simple definition of landed cost and then we’ll explain what ...
the freight forwarder will issue a cargo receipt confirming that they have received the goods as described. If the shipment is FCL, the goods will be stacked in their container. If LCL, they will be placed in the warehouse to await consolidation with other goods in a container headed for th...