The term CID number on a bill of lading refers to a "Cargo Identification" number, which is used to uniquely identify a specific shipment or cargo. This number helps streamline the tracking and management of shipments throughout the supply chain, ensuring accuracy in logistics and facilitating communication among parties involved. It serves as a reference point for carriers, shippers, and receivers to confirm details related to the cargo.
shipment ID number
The consignee I D Number applied by the consignee to the shipmant
A bill of lading describes a form or document used in transporting and moving goods. It is used for many types of trading, such as international trading.
FIOS in a Bill of Lading stands for "Free In and Out Stowed." It indicates that the cargo owner is responsible for all loading and unloading costs, as well as the stowage of the goods on the vessel. This term is commonly used in shipping contracts to clarify the financial responsibilities of the parties involved. In essence, the shipping company is not responsible for these costs.
Under a term import documentary credit the bank releases the documents on receipt from the negotiating bank but the importer does not pay the bank until the maturity of the draft under the relative credit. This direct liability is called Surrender Bill of Lading (SBL), i.e. when we hand over the bill of lading we surrender title to the goods and our power of sale over the goods.
Under a term import documentary credit the bank releases the documents on receipt from the negotiating bank but the importer does not pay the bank until the maturity of the draft under the relative credit. This direct liability is called Surrender Bill of Lading (SBL), i.e. when we hand over the bill of lading we surrender title to the goods and our power of sale over the goods.
FOB, or "Free on Board," on a bill of lading indicates the point at which ownership and liability for the goods transfer from the seller to the buyer. It specifies whether the seller or buyer is responsible for shipping costs and risks during transit. For instance, if the term is FOB shipping point, the buyer assumes responsibility once the goods leave the seller's location; if FOB destination, the seller retains responsibility until the goods reach the buyer's location.
Bill of Loading
A term is a number or the product of a number and variable(s).
FIO is not an Incoterms Free in and out is related to the terms on a ocean bill of lading. is the international shipping term used in the ocean freight industry means that the carrier is NOT responsible for the cost of loading and unloading gods onto/from the vessel.
"Numeral" is another term for "number."
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