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Wednesday , April 24 2019
Home / Freight Support News (page 6)

Freight Support News

FOB Incoterms


9.FOB Incoterms – Free on Board (named port of shipment) Be wary of the misleading nature of this common phrase and how it is often misused. It is to be used only for exclusively water transportation. Do not use it for road/rail/sea multimodal container transportation – use FCA instead.   In …

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Sea and inland waterway transport : FAS Incoterms


Sea and inland waterway transport only 8.FAS Incoterms – Free Alongside Ship (named port of shipment) This is revised in Incoterms 2010, where now the seller or, more typically, his shipper/freight forwarder, must clear the goods for export. Note that this is not a multimodal term, but is used for …

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DDP Incoterms


7.DDP Incoterms – Delivered Duty Paid (named place of destination) This is the polar opposite to EXW: here the seller assumes all costs, risks and obligations, including import duties, taxes, clearance fees etc., right up to the destination point, where the buyer is then responsible for unloading the shipment. (You …

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DAP Incoterms


6.DAP Incoterms – Delivered at Place (named place of destination) Preview Changes Also new in Incoterms 2010, this is identical to DAT, except that the seller remains responsible for cost and risk (exc. import clearance) right up to the point that the goods are ready for unloading by buyer at …

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Inco Terms Contd: DAT Incoterms


5.DAT Incoterms – Delivered at Terminal (named terminal at port or place of destination) In this system (new in Incoterms 2010) the seller pays for carriage to the arrival terminal, (excluding import clearance). Up to the point that goods are unloaded at the terminal, the risk remains with the seller. …

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Rail Freight Options


Rail Freight Options The types of goods carried are characterized as follows Bulk shipments of 20-50 tonne capacity wagons carrying – Coal (imported or domestic) to power stations Aggregates for construction Oil from refineries Chemicals China & clay Timber You will no longer see the sidings that used to grace …

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