What are the freight transportation terms?
Commonly-Used Shipping Terms and Their Implications
|Terms of Sale||Payment of Initial Freight||Assumes transit risk|
|FOB Origin, Freight collect||Receiver||Receiver|
|FOB Origin, Freight prepaid and charged back (adds to invoice)||Shipper||Receiver|
|FOB Destination, Freight prepaid and charged back (adds to invoice)||Shipper||Shipper|
What are the terms used in shipping?
11 Shipment Terms Defined under the Incoterms
- Ex Works (EXW).
- Free Carrier (FCA).
- Free Alongside Ship (FAS).
- Free on Board (FOB).
- Cost and Freight (CFR).
- Cost, Insurance, and Freight (CIF).
- Carriage Paid To (CPT).
- Carriage and Insurance Paid (CIP).
What is SPG shipping term?
Small Parcel Ground (SPG): Mode of transportation where the unit being transported meets all of the following descriptions: under 150 lbs, inside of 130 inches in length and girth combined, individually labeled, and can be individually handled and transported absent of a pallet.
What are the different types of cargo transportation?
There are four major types of freight transportation available for shippers to use in the world of freight shipping. The primary ones are by ground (road), rail, ocean, and air. Although these are the main categories of freight transportation, each method has their own processes that differ from one another.
What are logistics terms?
Logistics refers to the overall process of managing how resources are acquired, stored, and transported to their final destination. The term is now used widely in the business sector, particularly by companies in the manufacturing sectors, to refer to how resources are handled and moved along the supply chain.
What is for delivery term?
the arrangements agreed between a seller and buyer of goods about when and how the goods will arrive, be paid for, etc.: Be sure to ask for the Sales and Delivery Policy sheet before you order, since it describes the delivery terms and procedures in detail.
What are CIF terms?
Cost, insurance, and freight (CIF) is an international shipping term that describes the seller’s responsibility for the cost of shipping, freight charges, and insuring the cargo being shipped via ocean or waterway. However, the buyer assumes responsibility for the goods once the cargo has reached the buyer’s port.
What does DAP terms mean?
Delivered at Place
Can be used for any transport mode, or where there is more than one transport mode. The seller is responsible for arranging carriage and for delivering the goods, ready for unloading from the arriving means of transport, at the named place.
What does ECU mean in shipping terms?
Engine Control Unit. Governmental » Transportation — and more… Rate it: ECU. Environmental Control Unit.
What does CTO mean in shipping terms?
CTO:- Combined Transport Operator. A Carrier. who contracts as a principal to perform a CT. operation. Container Terminal Order.
What are the 4 types of transportation?
The four primary modes of transportation in logistics are shipments by truck, ship, train and plane — also known as road, maritime, rail and air shipments. While each of these modes of transportation has unique benefits, knowing which method is right for your business requires careful consideration.
What are the 6 modes of transportation?
Therefore; an essential part of transportation management lies in building an efficient supply chain from the six main modes of transportation: road, maritime, air, rail, intermodal, and pipeline. Understanding the strengths and weaknesses of each mode is paramount to building an effective supply chain.
What kind of vessel is a heavy lift vessel?
A heavy lift vessel (HLV) is a vessel with a specific crane that has a large lifting capacity of up to thousands of tonnes. Large and heavy subsea structures such as templates may require HLVs to perform lifting.
How are piles transported on a cargo barge?
Piles are normally transported on cargo barges to the offshore location. They may be lifted off the deck of the cargo barge and transferred onto the deck of the installation vessel before the commencement of the installation activities. Alternatively, they can be upended immediately after lifting from the cargo barge.
How does a crawler crane move a cargo barge?
Crawler crane moves toward yard (away from quay side) and trolleys are pulled toward barge. This has the advantage that it pushes the cargo barge to the skidway, thus eliminating use of heavy mooring lines. This method needs very long slings. Buggy load out: in which jacket is placed on one or two buggies.
How is load transferred from jacket to barge?
As jacket moves forward, load is transferred to transportation barge. To keep barge at the same elevation as quay side, pumps deballast water in the tanks. Most probably simultaneous with deballasting at entrance, end tanks located at barge opposite end are also being ballasted.