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FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. [1] Incoterms define the responsibilities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various ...
Carlos A. Gothong Lines, popularly known as CAGLI and formerly once known simply as Gothong Lines, is a cargo shipping company based in Cebu, Philippines.CAGLI was formerly a part of WG&A (William, Gothong, & Aboitiz), which served 23 major provincial ports throughout the Philippines and was the first domestic shipping company in the country to be certified by the International Safety ...
The balikbayan box is a modern manifestation of the Philippine custom of pasalubong, where domestic or foreign travelers are expected to bring gifts for family, friends and colleagues. [citation needed] Balikbayan boxes provide connection between family in the Philippines and those abroad, and provide goods for the family in the Philippines. [7]
Philippine Span Asia Carrier Corporation (PSACC), formerly branded as Sulpicio Lines, Inc. (SLI, Tagalog pronunciation: [sulˈpiːʃo]), is a major shipping line in the Philippines. [1] [2] PSACC is one of the largest domestic shipping and container companies in the Philippines in terms of the number of vessels operated and gross tonnage. The ...
A waybill is a document issued by a carrier giving details and instructions relating to the shipment of a consignment of cargo. [1] Typically it will show the names of the consignor and consignee, the point of origin of the consignment, its destination, and route.
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Freight transport, also referred to as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. [1] The term shipping originally referred to transport by sea but in American English , it has been extended to refer to transport by land or air (International English: "carriage") as well.