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  2. Standard trading conditions - Wikipedia

    en.wikipedia.org/wiki/Standard_trading_conditions

    Standard Trading Conditions (STC) are standardized terms imposed by some countries for accepting cargo by shipping lines, airlines and logistics services providers like freight forwarders and customs agents. They are usually printed as the fine print behind the shipping documents like bill of lading, air way bill, or consignment note

  3. Contract of carriage - Wikipedia

    en.wikipedia.org/wiki/Contract_of_carriage

    A contract of carriage is a contract between a carrier of cargo or passengers and the consignor, consignee or passenger. [1] [2] Contracts of carriage define the rights, duties and liabilities of parties to the contract, addressing topics such as acts of God and including clauses such as force majeure (removing liability for extraordinary occurrences beyond control of the parties).

  4. Forward freight agreement - Wikipedia

    en.wikipedia.org/wiki/Forward_freight_agreement

    Freight futures contracts settle over the average price of spot freight during the corresponding month. Given freight is intangible, there is no physical delivery. Rather, the contracts settle in cash against the arithmetic average price of spot freight published by the Baltic Exchange. The Baltic Exchange, on a daily basis, publishes a number ...

  5. Waybill - Wikipedia

    en.wikipedia.org/wiki/Waybill

    A waybill is a document issued by a carrier acknowledging the receipt of goods by the carrier and the contract for shipment of a consignment of that cargo. [1] Typically it will show the names of the consignor and consignee, the point of origin of the consignment, its destination, and route.

  6. FOB (shipping) - Wikipedia

    en.wikipedia.org/wiki/FOB_(shipping)

    The term "Freight On Board" is not mentioned in any version of Incoterms, and is not defined by the Uniform Commercial Code in the USA. [12] Further to that, it has been found in the US court system that "Freight On Board" is not a recognized industry term. [15] Use of the term "Freight On Board" in contracts is therefore very likely to cause ...

  7. Carriage of Goods by Sea Act - Wikipedia

    en.wikipedia.org/wiki/Carriage_of_Goods_by_Sea_Act

    By comparison, a shipment of canoes, which were not packaged for shipment, would be light but would take up a large volume, ensuring the customary freight unit would be the measurement ton of 100 cubic feet (2.8 m 3). If a canoe were 2 feet (0.61 m) wide by 2 feet (0.61 m) high by 10 feet (3.0 m) long (0.6 m x 0.6 m x 3 m), its measurement ...

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