FCL
Full container load , container of size 20' and 40' are loaded in full . This is better choice for bulk consignment like
commodities etc . Container itself is transported to consingnees premises and consignment is unloaded
LCL
Loose container load . This mainly for small lots of items .Consignee has to collect from port through local
transport .
Loose container has one disadvantge of time as shipping line would only sail when the container fully loaded .
DEMURRAGE
Penalities are put on the consignee for not collecting items on time .this is collected by shipping line which has
booked material .Period varies for 7- 10 days for sea freight and 5 days for air freight consignment .
AIR WAY BILL
This is equivalent to bill of lading for air freight consignment .Airlines issue a air way bill number to the shipper
and same is required by customer to release the consignment from air port.
FREIGHT FORWARDER
It is the firm which is involved in getting from ea port or air port to the buyers place . They do the necessary
documentation and liason with the custom authorities for clearance .
HARMONIC SERIES : Every items has got an harmonic series number which is an number acccepted by all
nations
these numbers allow to custom authorities to identify nature of item and can be classified for various duties .
BILL OF ENTRY : Bill of entry is the document which is prepared by customs prior to release of material from port
or airport warehouse .It has all details such as duty , amount , country of origin , shippers and consignee details .
HEALTH CERTIFICATE : Certificate issued by city municipality declaring chemical to be fit for human
consumption and declaring free from any contamination this is must of any consignment which carries food stuff .
more on import documents and glossary
IMPORTS /EXPORTS RELATED TERMS
| LEARN COST REDUCTION IDEAS FOR LOGISTICS AND PROCUREMENT transportation raw material services inventory warehousing |
Custom Search
