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Chartering is an activity within the shipping industry whereby a shipowner hires out the use of their vessel to a charterer. The contract between the parties is called a charterparty (from the French "charte partie", or "parted document").
In shipping, break-bulk, breakbulk, or break bulk cargo, also called general cargo, is goods that are stowed on board ships in individually counted units. Traditionally, the large numbers of items are recorded on distinct bills of lading that list them by different commodities.
An intermodal container, often called a shipping container, or cargo container, (or simply “container”) is a large metal crate designed and built for intermodal freight transport, meaning these containers can be used across different modes of transport – such as from ships to trains to trucks – without unloading and reloading their ...
Transloading may be confused with transshipment, but in modern usage they represent different concepts. Transloading concerns the mechanics of transport, while transshipment is essentially a legal term addressing how the shipment originates and is destined.
The freight equalisation concept made "essential" items available at relatively constant prices throughout the country. These items included coal , steel , and cement , among many others. The idea was to promote balanced regional development of industries throughout the country, but it developed few coastal states like Maharashtra , Tamil Nadu ...
Freight Bill: The air waybill may be used as a bill or invoice together with supporting documents since it may indicate charges to be paid by the consignee, charges due to the agent or the carrier. An original copy of the air waybill is used for the carrier's accounting
Cost of goods sold (COGS) is the carrying value of goods sold during a particular period.. Costs are associated with particular goods using one of the several formulas, including specific identification, first-in first-out (FIFO), or average cost.
Rail freight transport is the use of railways and trains to transport cargo as opposed to ... Thіѕ saves а lot аѕ fаr аѕ cost connected to the transportation ...