-
Incoterms® 2020 Explained for Import Export Global Trade
Incoterms® 2020 have been updated, read and download the new Incoterms® chart here:
https://incodocs.com/blog/incoterms-2020-explained-the-complete-guide/
Incoterms® are Internationally recognized terms that are published by the International Chamber of Commerce (ICC). Buyer and sellers use Incoterms® to agree on the International sale and supply of goods in global trade transactions. Buyers and sellers must accurately understand how Incoterms® work and agree to sell goods based on 11 Incoterms®:
EXW - EX Works or EX Warehouse
FCA - Free to CArrier
FAS - Free Alongside Ship
FOB - Free On Board
CFR - Cost and Freight
CIF - Cost, Insurance and Freight
CPT - Carriage Paid To
CIP - Carriage and Insurance Paid to
DAP - Delivered At Place
DPU - Delivered at Place Unloaded (note DPU replaces t...
published: 03 Feb 2020
-
Ship Terminology - - Ship Parts Names with Pictures #shipterms #shipparts
Ship terminology is as unique as it gets. From monkey island to poop deck, this video describes the ship parts names with pictures and videos as the ship terms are different from any other mode of transport.
For a maritime professional, it is extremely important to understand these ship terms as they are used in daily operations and repairs. A number of these ship terms are very commonly used and spoken of; however, the fact remains that the true meaning of a number of them are still not fully understood by even the smartest people.
Let’s take a look at some of the most commonly used ship terms and definitions. (Please do note that this is not an exhaustive list of ship terminology used on ships, but the important ones, we felt, need to be addressed.)
Plimsoll Marking or Loadlines are no...
published: 01 May 2020
-
10 common shipping terms ⚓ (part 1)
In this video, you will see 10 common shipping terms that you should know before joining a ship!!
please leave your feedback in the comment section, also some shipping terms for upcoming video or shipping slangs that you use.
fb page :https://www.facebook.com/whitecollar5/?ref=bookmarks
welcome to white collar.
here we discuss maritime history, maritime law, ship construction, shipping industry, and much more
published: 21 Aug 2017
-
How to Ship Products from China to Amazon | Shipping Terms Explained
I explain the most common shipping terms such as EXW, FOB, and DDP that you'll encounter when contacting suppliers overseas to have your products shipped internationally from China to a domestic port such as the USA. I'll remove any confusion that you might have with all the different terminology.
GET SHIPPING QUOTES
http://www.freightos.com
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
👨🏻🎓LEARN FROM ME | 1-ON-1 HELP
My #1 Amazon FBA Course: https://go.crescentkao.com/fbacourse
Book a Consult with Me: https://go.crescentkao.com/consulting
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🔧 TOOLS I USE TO GROW MY BUSINESSES
Jungle Scout: https://go.crescentkao.com/junglescout (30% OFF Promo)
AMZScout Pro: https://go.crescentkao.com/amzscout ($20 OFF Promo)
Viral Launch: https://go.crescentkao.com/vi...
published: 02 Mar 2018
-
Importing From China - Understanding Shipping Terms - EX Works, FOB Meaning
⏳ Amazon FBA Spartan Course 👉 Under $20!!! - FULL COURSE - LIMITED TIME ONLY!
http://bit.ly/FBAnow
★☆★ 💰 SUBSCRIBE & 🔔: (ITS FREE!!!) ★☆★
http://goo.gl/uj2S1B
★☆★ JOIN The NEW Amazon FBA Spartan GROUP ★☆★
http://goo.gl/FcYcdt
👉 IF you guys enjoyed this video, spread the word by liking, commenting and sharing! Every time you guys do this, YouTube will help me reach more people, allowing me to teach them out to quit their job and be financially free👈
Understanding shipping terms can be very confusing..if you never found this video! Lucky for you, you did...and now will understand some of the most commonly used shipping terms.
In this video, we will be talking about how to import goods from Alibaba to Amazon or your house. This video is perfect if you want to ship from, amazon fba ...
published: 06 Jul 2018
-
What is Shipping Term FOB, C&F;, CIF And Difference B/w FCL / LCL
1)What does FOB mean in a shipping term? & What is mean by FOB price?
2)What is the difference between CIF and CNF in shipping terms?
3)What is the difference between FCL and LCL?
In order to find Out the answers of these questions read Below:
1. FOB (Free On Board):
FOB means Free On Board Or Freight On Board. FOB origin indicates that consignee owns the goods in transit; The cost of movement of goods on board of Airlines or on the board of ship is borne by the seller. Rest of all expenses to arrive the goods at buyer's premise has to be met by the buyer.
FOB Price
Free on board(freight on board) price means a price which includes goods plus the services of loading those goods onto some vehicle or vessel at a named location, sometimes put in parentheses after the f.o.b.
2. CIF An...
published: 25 May 2017
-
Shipping Terms You Need to Know
If you're feeling befuddled by shipping terminology, you're not the only one. Brush up on the most commons phrases with our video.
published: 10 Oct 2018
-
Shipping Terms
Shipping terms are important. They impact who owns the inventory and when ownership transfers. Discussed are FOB Shipping Point and FOB Destination.
@ProfAlldredge
For best viewing, switch to 1080p
published: 13 Jul 2017
-
Shipping Terms 2020 Quick Overview
Schéma Incoterms 2020 - Quick Overview of the Global Shipping Terms 2020 - Summary of International Delivery Terms 2020.
Logistics flow chart from SELLER’ s premises to BUYER’ s premises : 3 Letters + Place + 2020
Analyse spatio-temporelle des obligations du Vendeur depuis ses locaux jusqu'à ceux de l’Acheteur | Transfert des Risques & Division des Coûts entre Vendeur & Acheteur - Codification de la transaction : 3 Lettres + Lieu + 2020
Testez et Perfectionnez vos connaissances des Conditions Internationales de Vente (Incoterms version 2020 avec nos Quiz Bilingues (Français Anglais) et Illustrés.
EXW 2020 QUIZ : https://youtu.be/BEjU_KbYToQ
FCA 2020 QUIZ : https://youtu.be/LB1K8VVWGG8
FAS 2020 QUIZ : https://youtu.be/sEzhsitwhSw
FOB 2020 QUIZ : https://youtu.be/OIRi53cfR3w
CFR...
published: 07 Jan 2020
-
Shipping Container Types LCL FCL Import Export Business Logistics Supply Chain International Trade
Download shipping container specifications chart here:
https://www.incodocs.com/blog/shipping-methods-types-and-containers-explained/
When learning how to import or how to export, you must understand the different shipping Container types, dimensions, methods for Import Export and International Trade. FCL Full Container Load shipping, LCL Less than Container Load shipping and breakbulk Cargo are popular shipping methods used in the International logistics supply chain. The type of shipment you use depends on the overall packing sizes, total cubic measurement or total weight of goods to be shipped around the world in the export business.
Use IncoDocs to streamline your trade operations https://www.incodocs.com/
published: 30 May 2017
6:22
Incoterms® 2020 Explained for Import Export Global Trade
Incoterms® 2020 have been updated, read and download the new Incoterms® chart here:
https://incodocs.com/blog/incoterms-2020-explained-the-complete-guide/
Inco...
Incoterms® 2020 have been updated, read and download the new Incoterms® chart here:
https://incodocs.com/blog/incoterms-2020-explained-the-complete-guide/
Incoterms® are Internationally recognized terms that are published by the International Chamber of Commerce (ICC). Buyer and sellers use Incoterms® to agree on the International sale and supply of goods in global trade transactions. Buyers and sellers must accurately understand how Incoterms® work and agree to sell goods based on 11 Incoterms®:
EXW - EX Works or EX Warehouse
FCA - Free to CArrier
FAS - Free Alongside Ship
FOB - Free On Board
CFR - Cost and Freight
CIF - Cost, Insurance and Freight
CPT - Carriage Paid To
CIP - Carriage and Insurance Paid to
DAP - Delivered At Place
DPU - Delivered at Place Unloaded (note DPU replaces the old Incoterm® 2010 DAT)
DDP - Delivered Duty Paid
The buyer and seller must agree to Incoterms® and display them correctly on sales contracts and documentation. Exporters and importers use IncoDocs.com to connect to create and share sales and shipping documentation required for global trade.
Use IncoDocs to confirm more orders and get products shipped Internationally. Try it free at https://incodocs.com/
https://wn.com/Incoterms®_2020_Explained_For_Import_Export_Global_Trade
Incoterms® 2020 have been updated, read and download the new Incoterms® chart here:
https://incodocs.com/blog/incoterms-2020-explained-the-complete-guide/
Incoterms® are Internationally recognized terms that are published by the International Chamber of Commerce (ICC). Buyer and sellers use Incoterms® to agree on the International sale and supply of goods in global trade transactions. Buyers and sellers must accurately understand how Incoterms® work and agree to sell goods based on 11 Incoterms®:
EXW - EX Works or EX Warehouse
FCA - Free to CArrier
FAS - Free Alongside Ship
FOB - Free On Board
CFR - Cost and Freight
CIF - Cost, Insurance and Freight
CPT - Carriage Paid To
CIP - Carriage and Insurance Paid to
DAP - Delivered At Place
DPU - Delivered at Place Unloaded (note DPU replaces the old Incoterm® 2010 DAT)
DDP - Delivered Duty Paid
The buyer and seller must agree to Incoterms® and display them correctly on sales contracts and documentation. Exporters and importers use IncoDocs.com to connect to create and share sales and shipping documentation required for global trade.
Use IncoDocs to confirm more orders and get products shipped Internationally. Try it free at https://incodocs.com/
- published: 03 Feb 2020
- views: 203710
8:26
Ship Terminology - - Ship Parts Names with Pictures #shipterms #shipparts
Ship terminology is as unique as it gets. From monkey island to poop deck, this video describes the ship parts names with pictures and videos as the ship terms ...
Ship terminology is as unique as it gets. From monkey island to poop deck, this video describes the ship parts names with pictures and videos as the ship terms are different from any other mode of transport.
For a maritime professional, it is extremely important to understand these ship terms as they are used in daily operations and repairs. A number of these ship terms are very commonly used and spoken of; however, the fact remains that the true meaning of a number of them are still not fully understood by even the smartest people.
Let’s take a look at some of the most commonly used ship terms and definitions. (Please do note that this is not an exhaustive list of ship terminology used on ships, but the important ones, we felt, need to be addressed.)
Plimsoll Marking or Loadlines are not added in the video as we have a separate Video on it -
https://www.youtube.com/watch?v=6E0bT6B5Zm4
**Correction - Please read Moduled Depth @2:53
________________________
Stay connected with us!
► Subscribe to Marine Insight: http://bit.ly/2GUF1eM
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► Follow us on Twitter: https://twitter.com/marineinsight
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► DOWNLOAD eBOOKS FOR SEAFARERS: https://learn.marineinsight.com/
https://wn.com/Ship_Terminology_Ship_Parts_Names_With_Pictures_Shipterms_Shipparts
Ship terminology is as unique as it gets. From monkey island to poop deck, this video describes the ship parts names with pictures and videos as the ship terms are different from any other mode of transport.
For a maritime professional, it is extremely important to understand these ship terms as they are used in daily operations and repairs. A number of these ship terms are very commonly used and spoken of; however, the fact remains that the true meaning of a number of them are still not fully understood by even the smartest people.
Let’s take a look at some of the most commonly used ship terms and definitions. (Please do note that this is not an exhaustive list of ship terminology used on ships, but the important ones, we felt, need to be addressed.)
Plimsoll Marking or Loadlines are not added in the video as we have a separate Video on it -
https://www.youtube.com/watch?v=6E0bT6B5Zm4
**Correction - Please read Moduled Depth @2:53
________________________
Stay connected with us!
► Subscribe to Marine Insight: http://bit.ly/2GUF1eM
► Like us on Facebook: https://www.facebook.com/marineinsight/
► Follow us on Twitter: https://twitter.com/marineinsight
► Follow us on Instagram: https://www.instagram.com/marine_insight/
► DOWNLOAD eBOOKS FOR SEAFARERS: https://learn.marineinsight.com/
- published: 01 May 2020
- views: 236165
2:50
10 common shipping terms ⚓ (part 1)
In this video, you will see 10 common shipping terms that you should know before joining a ship!!
please leave your feedback in the comment section, also some ...
In this video, you will see 10 common shipping terms that you should know before joining a ship!!
please leave your feedback in the comment section, also some shipping terms for upcoming video or shipping slangs that you use.
fb page :https://www.facebook.com/whitecollar5/?ref=bookmarks
welcome to white collar.
here we discuss maritime history, maritime law, ship construction, shipping industry, and much more
https://wn.com/10_Common_Shipping_Terms_⚓_(Part_1)
In this video, you will see 10 common shipping terms that you should know before joining a ship!!
please leave your feedback in the comment section, also some shipping terms for upcoming video or shipping slangs that you use.
fb page :https://www.facebook.com/whitecollar5/?ref=bookmarks
welcome to white collar.
here we discuss maritime history, maritime law, ship construction, shipping industry, and much more
- published: 21 Aug 2017
- views: 5618
7:39
How to Ship Products from China to Amazon | Shipping Terms Explained
I explain the most common shipping terms such as EXW, FOB, and DDP that you'll encounter when contacting suppliers overseas to have your products shipped intern...
I explain the most common shipping terms such as EXW, FOB, and DDP that you'll encounter when contacting suppliers overseas to have your products shipped internationally from China to a domestic port such as the USA. I'll remove any confusion that you might have with all the different terminology.
GET SHIPPING QUOTES
http://www.freightos.com
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
👨🏻🎓LEARN FROM ME | 1-ON-1 HELP
My #1 Amazon FBA Course: https://go.crescentkao.com/fbacourse
Book a Consult with Me: https://go.crescentkao.com/consulting
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🔧 TOOLS I USE TO GROW MY BUSINESSES
Jungle Scout: https://go.crescentkao.com/junglescout (30% OFF Promo)
AMZScout Pro: https://go.crescentkao.com/amzscout ($20 OFF Promo)
Viral Launch: https://go.crescentkao.com/virallaunch (40% OFF Promo)
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
📚 MY AMAZON KNOWLEDGE BASE
FREE Amazon Beginner Mastery Facebook Group: https://go.crescentkao.com/abmfacebookgroup
FREE Amazon Beginner Mastery Forums: https://go.crescentkao.com/forums
FREE How to Get Started Selling on Amazon e-Book: https://go.crescentkao.com/free-getting-started-guide
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👋🏻 SAY HI TO ME ON SOCIAL MEDIA
Facebook: https://go.crescentkao.com/facebook
Instagram: https://go.crescentkao.com/instagram
YouTube: https://go.crescentkao.com/youtube
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👕 EAT. SLEEP. AMAZON. REPEAT. T-SHIRT
Buy here: https://go.crescentkao.com/merch
DISCLAIMER
This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for your support!
#AmazonFBA #Shipping #DDP
https://wn.com/How_To_Ship_Products_From_China_To_Amazon_|_Shipping_Terms_Explained
I explain the most common shipping terms such as EXW, FOB, and DDP that you'll encounter when contacting suppliers overseas to have your products shipped internationally from China to a domestic port such as the USA. I'll remove any confusion that you might have with all the different terminology.
GET SHIPPING QUOTES
http://www.freightos.com
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
👨🏻🎓LEARN FROM ME | 1-ON-1 HELP
My #1 Amazon FBA Course: https://go.crescentkao.com/fbacourse
Book a Consult with Me: https://go.crescentkao.com/consulting
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🔧 TOOLS I USE TO GROW MY BUSINESSES
Jungle Scout: https://go.crescentkao.com/junglescout (30% OFF Promo)
AMZScout Pro: https://go.crescentkao.com/amzscout ($20 OFF Promo)
Viral Launch: https://go.crescentkao.com/virallaunch (40% OFF Promo)
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
📚 MY AMAZON KNOWLEDGE BASE
FREE Amazon Beginner Mastery Facebook Group: https://go.crescentkao.com/abmfacebookgroup
FREE Amazon Beginner Mastery Forums: https://go.crescentkao.com/forums
FREE How to Get Started Selling on Amazon e-Book: https://go.crescentkao.com/free-getting-started-guide
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
👋🏻 SAY HI TO ME ON SOCIAL MEDIA
Facebook: https://go.crescentkao.com/facebook
Instagram: https://go.crescentkao.com/instagram
YouTube: https://go.crescentkao.com/youtube
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👕 EAT. SLEEP. AMAZON. REPEAT. T-SHIRT
Buy here: https://go.crescentkao.com/merch
DISCLAIMER
This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for your support!
#AmazonFBA #Shipping #DDP
- published: 02 Mar 2018
- views: 18596
7:57
Importing From China - Understanding Shipping Terms - EX Works, FOB Meaning
⏳ Amazon FBA Spartan Course 👉 Under $20!!! - FULL COURSE - LIMITED TIME ONLY!
http://bit.ly/FBAnow
★☆★ 💰 SUBSCRIBE & 🔔: (ITS FREE!!!) ★☆★
http://goo.gl/uj2S1B...
⏳ Amazon FBA Spartan Course 👉 Under $20!!! - FULL COURSE - LIMITED TIME ONLY!
http://bit.ly/FBAnow
★☆★ 💰 SUBSCRIBE & 🔔: (ITS FREE!!!) ★☆★
http://goo.gl/uj2S1B
★☆★ JOIN The NEW Amazon FBA Spartan GROUP ★☆★
http://goo.gl/FcYcdt
👉 IF you guys enjoyed this video, spread the word by liking, commenting and sharing! Every time you guys do this, YouTube will help me reach more people, allowing me to teach them out to quit their job and be financially free👈
Understanding shipping terms can be very confusing..if you never found this video! Lucky for you, you did...and now will understand some of the most commonly used shipping terms.
In this video, we will be talking about how to import goods from Alibaba to Amazon or your house. This video is perfect if you want to ship from, amazon fba shipping from china
There are many methods but in this video, we will be talking about the most commonly used ones:
EXW - Ex Works: this my least favorite and mostly because we as the buyer have the most responsibility.
FOB - fob stands for - freight on board: also know as fob shipping.
fob meaning is 50% on you and 50% on your supplier.
DDP: delivered duties paid: my personal favorite. This is 100% on your supplier!
You NEED TO MAKE SURE the videos you are watching are relevant and up-to-date. Take a look at the time the videos were released and make sure to look at the most up-to-date videos. My channel is always uploading different ways and the NEWEST WAYS to do product research, so make sure to subscribe and join the NEW Spartan Group!
---------------------------------------------------------------------------
★☆★ FOLLOW ME BELOW: ★☆★
PERSONAL FACEBOOK: https://goo.gl/hEUM8r
SPARTAN FACEBOOK GROUP: https://goo.gl/by8Ssx
https://wn.com/Importing_From_China_Understanding_Shipping_Terms_Ex_Works,_Fob_Meaning
⏳ Amazon FBA Spartan Course 👉 Under $20!!! - FULL COURSE - LIMITED TIME ONLY!
http://bit.ly/FBAnow
★☆★ 💰 SUBSCRIBE & 🔔: (ITS FREE!!!) ★☆★
http://goo.gl/uj2S1B
★☆★ JOIN The NEW Amazon FBA Spartan GROUP ★☆★
http://goo.gl/FcYcdt
👉 IF you guys enjoyed this video, spread the word by liking, commenting and sharing! Every time you guys do this, YouTube will help me reach more people, allowing me to teach them out to quit their job and be financially free👈
Understanding shipping terms can be very confusing..if you never found this video! Lucky for you, you did...and now will understand some of the most commonly used shipping terms.
In this video, we will be talking about how to import goods from Alibaba to Amazon or your house. This video is perfect if you want to ship from, amazon fba shipping from china
There are many methods but in this video, we will be talking about the most commonly used ones:
EXW - Ex Works: this my least favorite and mostly because we as the buyer have the most responsibility.
FOB - fob stands for - freight on board: also know as fob shipping.
fob meaning is 50% on you and 50% on your supplier.
DDP: delivered duties paid: my personal favorite. This is 100% on your supplier!
You NEED TO MAKE SURE the videos you are watching are relevant and up-to-date. Take a look at the time the videos were released and make sure to look at the most up-to-date videos. My channel is always uploading different ways and the NEWEST WAYS to do product research, so make sure to subscribe and join the NEW Spartan Group!
---------------------------------------------------------------------------
★☆★ FOLLOW ME BELOW: ★☆★
PERSONAL FACEBOOK: https://goo.gl/hEUM8r
SPARTAN FACEBOOK GROUP: https://goo.gl/by8Ssx
- published: 06 Jul 2018
- views: 6991
3:05
What is Shipping Term FOB, C&F;, CIF And Difference B/w FCL / LCL
1)What does FOB mean in a shipping term? & What is mean by FOB price?
2)What is the difference between CIF and CNF in shipping terms?
3)What is the difference b...
1)What does FOB mean in a shipping term? & What is mean by FOB price?
2)What is the difference between CIF and CNF in shipping terms?
3)What is the difference between FCL and LCL?
In order to find Out the answers of these questions read Below:
1. FOB (Free On Board):
FOB means Free On Board Or Freight On Board. FOB origin indicates that consignee owns the goods in transit; The cost of movement of goods on board of Airlines or on the board of ship is borne by the seller. Rest of all expenses to arrive the goods at buyer's premise has to be met by the buyer.
FOB Price
Free on board(freight on board) price means a price which includes goods plus the services of loading those goods onto some vehicle or vessel at a named location, sometimes put in parentheses after the f.o.b.
2. CIF And CNF Shipping Terms:
CIF Shipping Term: Under CIF terms of delivery in export business, Cost Insurance and Freight included in the selling cost of goods. In Short, all delivery expenses up to predetermined destination is borne by the Seller (Exporter).
CNF Shipping Term: The term CNF or CFR ( Cost and Freight shipping terms) mean seller pay for the freight and cost to the destination port. It means that the seller pays for transportation to the Port of Loading (POL).
Let's have a look on below example to understand the C&F; terms of delivery Clearly.
Let suppose you are a garments seller situated in Pakistan. The buyer is situated in Los Angeles. You are the seller of goods and you have contracted with the buyer and agreed to sell the goods on C&F; Los Angeles price of USD 56,000. Here the selling cost of goods is USD 56,000, C&F; Los Angeles. Here the seller(exporter) arrange to carry the goods to port and meet all expenses including customs clearance and pays the ocean freight or air freight up to Los Angeles. In this case, the seller decides the shipping company or airlines to move goods from Karachi to Los Angeles, as he is paying the freight of consignment. In other words, all delivery expenses up to Los Angeles is borne by the seller. The buyer takes delivery of cargo after customs clearance in Los Angeles at his own cost. Insurance of the goods is met by the buyer in case of the C&F; transaction.
3. FCL and LCL Difference:
FCL (Full Container-Load): An ocean-shipping and intermodal industry term; a full container(Twenty or Forty-Foot) load shipment is when a shipper contracts for the transportation of an entire container. The vast majority of intermodal and ocean freight is contracted in this manner. Historically, FCL also stands for full carload which is the primary business of all modern railroads and is the railroad equivalent of TL trucking.
LCL (Less-Than-Container Load): An ocean-shipping and intermodal industry term; LTL equivalent in container shipping. Container freight stations at ports serve as consolidation and deconsolidation terminals. Historically, LCL also stands for less-than-carload. Before the prominence of interstate trucking, railroads offered less-than-carload (LCL) service but this business has largely disappeared.
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https://wn.com/What_Is_Shipping_Term_Fob,_C_F,_Cif_And_Difference_B_W_Fcl_Lcl
1)What does FOB mean in a shipping term? & What is mean by FOB price?
2)What is the difference between CIF and CNF in shipping terms?
3)What is the difference between FCL and LCL?
In order to find Out the answers of these questions read Below:
1. FOB (Free On Board):
FOB means Free On Board Or Freight On Board. FOB origin indicates that consignee owns the goods in transit; The cost of movement of goods on board of Airlines or on the board of ship is borne by the seller. Rest of all expenses to arrive the goods at buyer's premise has to be met by the buyer.
FOB Price
Free on board(freight on board) price means a price which includes goods plus the services of loading those goods onto some vehicle or vessel at a named location, sometimes put in parentheses after the f.o.b.
2. CIF And CNF Shipping Terms:
CIF Shipping Term: Under CIF terms of delivery in export business, Cost Insurance and Freight included in the selling cost of goods. In Short, all delivery expenses up to predetermined destination is borne by the Seller (Exporter).
CNF Shipping Term: The term CNF or CFR ( Cost and Freight shipping terms) mean seller pay for the freight and cost to the destination port. It means that the seller pays for transportation to the Port of Loading (POL).
Let's have a look on below example to understand the C&F; terms of delivery Clearly.
Let suppose you are a garments seller situated in Pakistan. The buyer is situated in Los Angeles. You are the seller of goods and you have contracted with the buyer and agreed to sell the goods on C&F; Los Angeles price of USD 56,000. Here the selling cost of goods is USD 56,000, C&F; Los Angeles. Here the seller(exporter) arrange to carry the goods to port and meet all expenses including customs clearance and pays the ocean freight or air freight up to Los Angeles. In this case, the seller decides the shipping company or airlines to move goods from Karachi to Los Angeles, as he is paying the freight of consignment. In other words, all delivery expenses up to Los Angeles is borne by the seller. The buyer takes delivery of cargo after customs clearance in Los Angeles at his own cost. Insurance of the goods is met by the buyer in case of the C&F; transaction.
3. FCL and LCL Difference:
FCL (Full Container-Load): An ocean-shipping and intermodal industry term; a full container(Twenty or Forty-Foot) load shipment is when a shipper contracts for the transportation of an entire container. The vast majority of intermodal and ocean freight is contracted in this manner. Historically, FCL also stands for full carload which is the primary business of all modern railroads and is the railroad equivalent of TL trucking.
LCL (Less-Than-Container Load): An ocean-shipping and intermodal industry term; LTL equivalent in container shipping. Container freight stations at ports serve as consolidation and deconsolidation terminals. Historically, LCL also stands for less-than-carload. Before the prominence of interstate trucking, railroads offered less-than-carload (LCL) service but this business has largely disappeared.
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- published: 25 May 2017
- views: 88382
1:47
Shipping Terms You Need to Know
If you're feeling befuddled by shipping terminology, you're not the only one. Brush up on the most commons phrases with our video.
If you're feeling befuddled by shipping terminology, you're not the only one. Brush up on the most commons phrases with our video.
https://wn.com/Shipping_Terms_You_Need_To_Know
If you're feeling befuddled by shipping terminology, you're not the only one. Brush up on the most commons phrases with our video.
- published: 10 Oct 2018
- views: 218
1:05
Shipping Terms
Shipping terms are important. They impact who owns the inventory and when ownership transfers. Discussed are FOB Shipping Point and FOB Destination.
@ProfAlldr...
Shipping terms are important. They impact who owns the inventory and when ownership transfers. Discussed are FOB Shipping Point and FOB Destination.
@ProfAlldredge
For best viewing, switch to 1080p
https://wn.com/Shipping_Terms
Shipping terms are important. They impact who owns the inventory and when ownership transfers. Discussed are FOB Shipping Point and FOB Destination.
@ProfAlldredge
For best viewing, switch to 1080p
- published: 13 Jul 2017
- views: 2888
4:42
Shipping Terms 2020 Quick Overview
Schéma Incoterms 2020 - Quick Overview of the Global Shipping Terms 2020 - Summary of International Delivery Terms 2020.
Logistics flow chart from SELLER’ s ...
Schéma Incoterms 2020 - Quick Overview of the Global Shipping Terms 2020 - Summary of International Delivery Terms 2020.
Logistics flow chart from SELLER’ s premises to BUYER’ s premises : 3 Letters + Place + 2020
Analyse spatio-temporelle des obligations du Vendeur depuis ses locaux jusqu'à ceux de l’Acheteur | Transfert des Risques & Division des Coûts entre Vendeur & Acheteur - Codification de la transaction : 3 Lettres + Lieu + 2020
Testez et Perfectionnez vos connaissances des Conditions Internationales de Vente (Incoterms version 2020 avec nos Quiz Bilingues (Français Anglais) et Illustrés.
EXW 2020 QUIZ : https://youtu.be/BEjU_KbYToQ
FCA 2020 QUIZ : https://youtu.be/LB1K8VVWGG8
FAS 2020 QUIZ : https://youtu.be/sEzhsitwhSw
FOB 2020 QUIZ : https://youtu.be/OIRi53cfR3w
CFR 2020 QUIZ : https://youtu.be/kgYktUDfrNM
CIF 2020 QUIZ : https://youtu.be/BDaVGHTkr7g
CPT 2020 QUIZ : https://youtu.be/zMAK8wRq1_g
CIP 2020 QUIZ : https://youtu.be/lkdMILUj2Do
DAP 2020 QUIZ : https://youtu.be/dcLXmmMJBcg
DPU 2020 QUIZ : https://youtu.be/zwxkl7AGWrQ
DDP 2020 QUIZ : https://youtu.be/TXo8Vj3jR6k
Quiz designed by Patrice ALQUIER to Assess, Test, Reinforce and Refresh Students, Trainees, Employees, and Job Candidates' knowledge and skills ...
Patrice ALQUIER Digital Content Designer & Logistics and Transport Talent Sourcer FLCIONLINE 2020
https://wn.com/Shipping_Terms_2020_Quick_Overview
Schéma Incoterms 2020 - Quick Overview of the Global Shipping Terms 2020 - Summary of International Delivery Terms 2020.
Logistics flow chart from SELLER’ s premises to BUYER’ s premises : 3 Letters + Place + 2020
Analyse spatio-temporelle des obligations du Vendeur depuis ses locaux jusqu'à ceux de l’Acheteur | Transfert des Risques & Division des Coûts entre Vendeur & Acheteur - Codification de la transaction : 3 Lettres + Lieu + 2020
Testez et Perfectionnez vos connaissances des Conditions Internationales de Vente (Incoterms version 2020 avec nos Quiz Bilingues (Français Anglais) et Illustrés.
EXW 2020 QUIZ : https://youtu.be/BEjU_KbYToQ
FCA 2020 QUIZ : https://youtu.be/LB1K8VVWGG8
FAS 2020 QUIZ : https://youtu.be/sEzhsitwhSw
FOB 2020 QUIZ : https://youtu.be/OIRi53cfR3w
CFR 2020 QUIZ : https://youtu.be/kgYktUDfrNM
CIF 2020 QUIZ : https://youtu.be/BDaVGHTkr7g
CPT 2020 QUIZ : https://youtu.be/zMAK8wRq1_g
CIP 2020 QUIZ : https://youtu.be/lkdMILUj2Do
DAP 2020 QUIZ : https://youtu.be/dcLXmmMJBcg
DPU 2020 QUIZ : https://youtu.be/zwxkl7AGWrQ
DDP 2020 QUIZ : https://youtu.be/TXo8Vj3jR6k
Quiz designed by Patrice ALQUIER to Assess, Test, Reinforce and Refresh Students, Trainees, Employees, and Job Candidates' knowledge and skills ...
Patrice ALQUIER Digital Content Designer & Logistics and Transport Talent Sourcer FLCIONLINE 2020
- published: 07 Jan 2020
- views: 2243
3:57
Shipping Container Types LCL FCL Import Export Business Logistics Supply Chain International Trade
Download shipping container specifications chart here:
https://www.incodocs.com/blog/shipping-methods-types-and-containers-explained/
When learning how to impo...
Download shipping container specifications chart here:
https://www.incodocs.com/blog/shipping-methods-types-and-containers-explained/
When learning how to import or how to export, you must understand the different shipping Container types, dimensions, methods for Import Export and International Trade. FCL Full Container Load shipping, LCL Less than Container Load shipping and breakbulk Cargo are popular shipping methods used in the International logistics supply chain. The type of shipment you use depends on the overall packing sizes, total cubic measurement or total weight of goods to be shipped around the world in the export business.
Use IncoDocs to streamline your trade operations https://www.incodocs.com/
https://wn.com/Shipping_Container_Types_Lcl_Fcl_Import_Export_Business_Logistics_Supply_Chain_International_Trade
Download shipping container specifications chart here:
https://www.incodocs.com/blog/shipping-methods-types-and-containers-explained/
When learning how to import or how to export, you must understand the different shipping Container types, dimensions, methods for Import Export and International Trade. FCL Full Container Load shipping, LCL Less than Container Load shipping and breakbulk Cargo are popular shipping methods used in the International logistics supply chain. The type of shipment you use depends on the overall packing sizes, total cubic measurement or total weight of goods to be shipped around the world in the export business.
Use IncoDocs to streamline your trade operations https://www.incodocs.com/
- published: 30 May 2017
- views: 137824