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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 ...
Standard Trading Conditions (STC) are standardized terms imposed by some countries for accepting cargo by shipping lines, airlines and logistics services providers like freight forwarders and customs agents. They are usually printed as the fine print behind the shipping documents like bill of lading, air way bill, or consignment note.
The Standard Carrier Alpha Code, a two-to-four letter identification, is used by the transportation industry to identify freight carriers in computer systems and shipping documents such as Bill of Lading, Freight Bill, Packing List, and Purchase Order.
Cabotage laws apply to merchant ships in most countries that have a coastline so as to protect the domestic shipping industry from foreign competition, preserve domestically owned shipping infrastructure for national security purposes, and ensure safety in congested territorial waters. [3] For the history of cabotage in UK law, see Navigation Acts.
North American container ports. This is a list of ports of the United States, ranked by tonnage. [1] Ports in the United States handle a wide variety of goods that are critical to the global economy, including petroleum, grain, steel, automobiles, and containerized goods.
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ORM-D (other regulated materials for domestic transport only) was a marking for mail or shipping in the United States. [1] Packages bearing this mark contained hazardous material in a limited quantity that present a limited hazard during transportation, due to its form, quantity, and packaging. ORM-D was phased out by the US Department of ...
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