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Freight refers to goods or cargo that are transported, typically by land, sea, or air. It encompasses the physical items being shipped, as well as the costs associated with their transportation. Freight can include a wide range of products, from raw materials to finished goods, and is a crucial aspect of global trade and logistics. The term can also refer to the transportation service itself.
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What does freight?
Freight means the transportation of goods from one place to another to be sold commercially. Another word for freight is cargo.
What is Freight term FOB?
FOB means Freight on Board. It means the seller is responsible to load the freight on the truck and the buyer is responsible to pay the freight costs from the dock to the destination. Prices are sometimes followed by FOB . For example car prices are listed as FOB Detroit. This means the price without shipping added.
What is the correct spelling for freight?
That is the correct spelling of freight (as in cargo). Fright is the spelling that means terror or fear.
Does fob mill mean the shipper pays the freight or the buyer?
I am guessing "freight on board" which means loaded but not transported.
What do you mean FOB Hong Kong?
Freight on Board. It means you will pay the freight charges from Hong Kong to where ever you are.
What is freight 'TO PAY'?
Freight to pay means the person who receives the goods, such as the consignee, has to pay the amount on behalf of consignor.
What is CNF PRICE?
CNF means "cost and freight"
Meaning of fob value in shipping?
The abbreviation FOB in the shipping industry means Free on Board or Freight on Board. The invoice that has this abbreviation on it means that the seller is paying for the freight charges.
What does CFS mean in shipping terms?
CF means cargo and freight in shipping terms. The person who is selling goods pay for the cost of the goods and freight charges. CF has been replaced with CFR.
What mean on CIF freight?
Means the seller pays the insurance.
What does CIF mean in shipping terms?
CIF means Cost Insurance and Freight, which means the seller pays to get the load to its destination. The alternate is FOB--Free On Board--which means the buyer pays the freight and insurance.
What is meant by FCCOD?
FCCOD means freight charges collect on delivery. In other words, the freight bill needs to be paid when the goods are delivered. It is similar to COD but it is only for the freight or delivery charge.
