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By default, under many state laws, goods remain the property of the seller until they are delivered to the customer's destination, i.e., a destination contract, sometimes including the terms FOB Buyer.
Upon agreement, a shipping contract can be FOB Seller, meaning that title transfers once the seller has delivered it to the shipping company, meaning that the buyer would need to buy insurance for the shipment.
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What is the difference between load time and dispatch time?
load time is the time it takes to load a shipment. dispatch time is how long it should take the shipment to arrive at destination
What is the purpose of the waybill?
A waybill is a document that provides detailed information about a shipment of goods, such as the contents, quantity, and destination. Its purpose is to serve as a receipt of goods, a contract of carriage between the shipper and the carrier, and a document that guides and tracks the shipment along its journey.
What is the difference between pre shipment and post shipment?
The main difference between pre-shipment and post-shipment activities lies in the timing of their execution in the logistics process. Pre-shipment refers to the tasks and preparations that take place before a shipment leaves the origin, such as documentation, packaging, and arranging transportation. Post-shipment, on the other hand, involves activities that occur after the shipment has been dispatched, including tracking, customs clearance, and delivery to the destination. Global Logistics Alliance, like many freight management companies, handles both pre-shipment and post-shipment operations to ensure a smooth and efficient logistics process for their clients.
What is the difference between a journey and a destination?
Life is a journey. Death is a destination.
What is the difference between temporary and contract?
temporary/contract work
What is the difference between a resort and a destination?
resort is a place to vacation and a destination is where you want to go
What is the difference between contract of sell from contract of sale?
"Contract of sell" is just "contract of sale" misspelled.
Difference between Percentage of Completion method and Completed Contract method?
Difference between Percentage of Completion method and Completed Contract method?
What is difference between CIF and FOB incoterms?
The key difference is that the main costs of carriage are paid for by buyer in a FOB contract, so he will take care of the vessel shipment. Under a CIF arrangement, the seller take this responsibility will deliver the contracted commodity at buyers destined location.
What is the difference between freight and package?
The difference between freight and package is the size of the container. Freight refers to the size of the entire shipment, such as a semi trailer's contents. Package is just one part of the entire shipment, like one pallet or box on the semi trailer.
What is the difference between contract and non contract production units?
the are just different.
What is a master airwaybill number?
A master airwaybill number (MAWB number) is a unique identifier assigned to a shipment transported by air freight. It is issued by the airline or freight forwarder and serves as a contract of carriage between the shipper and the airline. The MAWB number helps track the shipment throughout its journey and includes details such as the origin and destination, the shipper and consignee information, and specifics about the cargo. It is distinct from the house airwaybill number (HAWB), which is used for individual shipments within a consolidated cargo shipment.
