To unite the freight forwarding industry worldwide is one of FI＇s mainobjectives.
A delivery order is issued by the carrier or his agent to enable the consignee or his agentto take delivery of the cargo from the vessel .
FOB means that the seller delivers when the s pass the ship＇s rail at the namedport of discharge .
The CFR term can be used only for sea and inland waterway transport .
Mate＇s receipt is issued by the forwarder to the shipper.
Loading and unloading costs, bunkers, stores and crew costs are all fixed costs.
The UCP600 published by the International Chamber of Commerce came intoforce on January 1st, 2007.
Time chartering means that the charterer hires the vessel for a period of time without crew.
ICC (C) does not cover risks of war, strike, but covers loss of or damage to cargocaused by earthquake or sinking.
General average and salvage charges are covered both in FPA and WPA coverage.
Insurance contract is essentially a contract between the carrier and the insured forcargo insurance.
The figure like 1/10/2007 in British English will be understood as January 10,2007.
In air cargo transport, each consignment is identified by the AWB number.
Procurement is concerned with purchasing and arranging outbound movement ofmaterials, parts, and/or finished inventory from suppliers to customers.
Usually, an Air Waybill is non-negotiable, that is, the goods must be sent to theconsignee titled in the Air Waybill.
E-commerce not only involves exchanges among customers, business partners andvendors, but also includes operations that handled within the business itself.
From legal point of view, the Notify Party on the B/L is not the party of thecontract of the carriage of goods by sea.
The objective in inventory strategy is to achieve desired customer service with theminimum inventory commitment.
General Cargo Rates are normally higher than Specific Commodity Rates in aircargo transportation.
Multimodal transport refers to a transport system usually operated by a carrierwith one mode oftransport under the control or ownership of one operator.
