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FOB destination or FOB destination, freight prepaid DAP destination A related but separate term "CAP" ("customer-arranged pickup") is used to denote that the buyer will arrange a carrier of their choice to pick the goods up at the seller's premises, and the liability for any damage or loss belongs to the buyer.
Global freight volumes according to mode of transport in trillions of tonne-kilometres in 2010. In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air.
Since Incoterms 1980 introduced the Incoterm FCA, FOB should only be used for non-containerized seafreight and inland waterway transport. However, FOB is commonly used incorrectly for all modes of transport despite the contractual risks that this can introduce.
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CIF defines a video sequence with a resolution of 352 × 288, which has a simple relationship to the PAL picture size, but with a frame rate of 30000/1001 (roughly 29.97) frames per second like NTSC, with color encoded using a YCbCr representation with 4:2:0 color sampling. It was designed as a compromise between PAL and NTSC schemes, since it ...
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Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy. For retailers, meanwhile, the outlook is murkier because of uncertainty ...