Shipping contracts often use FOB shipping point or FOB destination which both offer specific advantages and decide where responsibilities fall. FOB shipping point means the buyer owns and manages the product after shipment which allows for lower selling prices but also puts shipping risks on buyers. When FOB destination is

With CFR (Cost and Freight) terms, the seller moves the goods to the port of destination and gives them to the buyer once they are on the ship at the start port. Using CFR terms successfully involves managing the timing of risk, getting proper insurance, keeping good records and having

FOB (Freight on Board) decides who is responsible for the goods at different times during transit and this rule can be FOB Shipping Point or FOB Destination. With these terms playing a major role in pricing, risk management, insurance and regulations, it is important for companies to understand and implement

When EXW (Ex Works) shipping terms are followed, sellers bring the goods to their location for pickup and buyers arrange all the shipping, customs and logistics on their own. Although this way permits buyers to control expenses and adjust operations, they must deal with big risks and be knowledgeable in

CBM to KG conversion helps join volume and weight measurements in many fields of industry. The basis of the process is knowing the density of the material and using the simple formula Weight = Volume × Density. Good outcomes require you to verifiably measure density, properly change units and keep

Depending on the method, product weight, where it is shipped to and the time chosen, shipping with Alibaba can be from as low as $2 per kilogram with regular services to as high as $18 per kilogram with express services. Fuel surcharges, customs fees and seasonal expenses may cause the

CFS handling, storage, documentation and some specialized fees are included and the amount to pay depends on the cargo’s weight, size, type and days in storage. Successful calculation at container freight stations is done by using weight-or-measurement to know the chargeable amount, selecting the rate for the facility and including

CIF (Cost, Insurance and Freight) makes it the seller’s responsibility to cover the price of goods, shipping and insurance, up to the point of delivery to the buyer’s port. After goods are loaded onto the ship and the ship’s rail is passed at the origin port, the risk changes from

Logistics in the cannabis industry needs careful attention to strict rules, security issues and problems particular to moving cannabis. Firms that join this sector need to invest in compliance, special equipment and train their staff to comply, while being adaptable to ongoing changes. Regardless of these hurdles, the field of