More articles Auto Freight , Car Transport and Car Auction

More articles Auto Transporting

More articles Find Loads (Auto Freight)

More articles Auto Freight Sales

More articles Freight Brokering

More articles Transportation Industry

More articles Auto Relocation - How A Specialist Facilitates Movement Of Your Prized Possession

More articles Using a Professional Car Transporter to Safely Ship Any Car, Motorcycle, Or Freight, Anywhere

More articles Auto Relocation Specialists

More articles Export Auto Auctions

More articles A Beginner's Guide to Freight Insurance

More articles Freight Insurance - How to Keep Your Cargo Safe

More articles Online Marine Cargo Freight Insurance Quotes

More articles Billing Methods in Shipping

More articles Cargo Insurance - Protection For Your Shipments



DOT freight measure continues to improv...
Published:Wed, 09 Jun 2010 11:12:45 -0700
WASHINGTON The Freight Transportation Services Index (TSI) rose 0.3 percent in April from its March level, rising for the third consecutive month, the U.S. Department of Transpor......
Freight House Future...
Published:Tue, 08 Jun 2010 14:45:50 -0700
The future of Davenports Freight House has been uncertain for months. But now, the city hopes to make that future a little more clear, by taking over the establishment. Investors ......
Freight to Bounce Back Stronger Than Ec...
Published:Tue, 08 Jun 2010 00:05:10 -0700
Over the long term, freight is expected to grow at a stronger pace than the U.S. gross domestic product, said Paul Bingham, managing director of global commerce and transportation......
Waste on Freight Cars Gains Most Since ...
Published:Wed, 09 Jun 2010 08:52:49 -0700
June 9 (Bloomberg) -- If garbage is any indication, the U.S. economy is strengthening. The number of freight cars carrying waste jumped 45 percent in April and May from the same p......
Dedicated Freight Corridor to have 10 p...
Published:Tue, 08 Jun 2010 22:53:45 -0700
As many as 10 privately owned logistics parks will come up along the Dedicated Freight Corridor (DFC). This was informed by PN Shukla, director (operations and business developmen......
Billing Methods in Shipping

Billing Methods in Shipping
By Manan Kumar

Some of the important terms regarding shipment and billing methods involved in it are described over here. The most common trading terms used in shipment of commodities used worldwide are :-

Shipping

 

1. Freight on Board or free on Board also know as F&B - This means that exporter delivers the goods or commodities at his own expense at location specified.

2. Cost and Freight, commonly known as C&F, CFR, and CNF - In this case exporter pays the ocean shipping and air freight to the specified location. Many of major shipping carriers offer guarantee on their delivery time i.e. if the packages are not delivered on time then customer will be entitled to a refund.

3. Cost Insurance and Freight or CIF - Insurance and Freight are all paid by the exporter to the specified location.

Regardless of the many variables in shipped commodities and locations, there are simply three basic types of shipments: land, air, and sea. Shipping is physical procedure of transporting commodities and consignment. Almost every manufactured good ever made, bought, or sold has been affected by shipping.

On comparing these shipment procedures i.e. shipment through land or ground with air and sea, each type of shipment has its own uses and drawbacks. Shipment through sea is normally done though trucking which actually the most popular form of shipping. Still in air and water shipments, ground shipment is still be used to take the commodity from its source to the airport or seaport and then to its destination and Trucks is also much faster than ships and rail transport but slower than air planes.

But actual shipping is done through Sea. An individual nation's fleet is called merchant navy and is fundamental to the world economy because of hauling the bulk of international trade.

Shipping

 

For more on Freight Forwarding visit us at our website related to Marine insurance

Article Source: http://EzineArticles.com/?expert=Manan_Kumar
http://EzineArticles.com/?Billing-Methods-in-Shipping&id=1374577


DiggDigg   | RedditReddit   | Add to Mixx!MixxDeldel.icio.usStumble Stumble it!Bookmark and Share Share it

 
Name  
Comment
Verification Code code

Comments submitted from other visitors

More posts, Page # :

© 2010 | Privacy Policy | Powered By Noomle.com | SiteMap
"); pageTracker._trackPageview();