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rss news feedGlossary – Terms of Shipment

Below is a glossary of shipment terms used in the freight forwarding industry which we hope is useful:


EX WORKS (EXW)

All charges incurred after cargo has left consignors sites payable by consignee.

FREE ON TRAILER (FCA)

Charges incurred up to cargo loaded on trailer is payable by consignor. Ensuing charges payable by consignee.

FREE ON BOARD (FOB)

Charges incurred up to cargo loaded onto Ship/Contr/Aircraft, is payable by consignor. Ensuing charges payable by consignee.

FREE ARRIVAL BORDER (DAF)

Charges incurred up to arrival of cargo at stated border payable by consignor. Ensuing charges payable by consignee.

FREE ARRIVAL DEPOT (CPT or CIP)

Charges incurred up to arrival of cargo at stated depot payable by consignor. Ensuing charges payable by consignee.

C & F (CFR)

Charges incurred up to arrival of cargo at stated port payable by consignor. Ensuing charges payable by consignee.

CIF (CIF)

Charges including marine insurance up to stated port payable by consignor. Ensuing charges payable by consignee.

FREE DOMICILE CLEARED (DDU–CLEARED)

All charges to delivered consignees site including customs clearance and duties. Excluding taxes, payable by consignor.

FREE DOMICILE CLEARED INCLUDING DUTY (DDP)

All charges to delivered consignees site including customs clearance, and duties. Excluding taxes, payable by consignor.

FREE DOMICILE CLEARED INCLUDING DUTY & TAXES (DDP)

All charges to delivered consignees site including customs clearance, duties and taxes, payable by consignor.









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