Drop Shipping
Drop shipping is a fulfillment method where the retailer transfers the customer orders to a supplier who handles the shipping and delivery.
Drop shipping is a fulfillment method where the retailer transfers the customer orders to a supplier who handles the shipping and delivery.
Embargo limits or prohibits transportation and exchange of goods with a target location for political, security, or economic reasons.
Duty Drawback is a fiscal incentive in international trade that refunds customs duties, fees, or taxes on goods that are re-exported.
Reverse logistics is the process of managing the return of products and materials for value recovery or other operations related to the reuse of them.
A Through Bill of Lading (BOL) streamlines shipping by consolidating the transportation of goods across multiple phases & modes into a single document.
Landed cost covers all costs from procuring to shipping goods, including taxes and duties and is vital for setting competitive and profitable prices.
A Free Trade Agreement (FTA) is an agreement between nations to reduce global trade barriers, fostering global economic integration & competitiveness.
The Automated Commercial Environment (ACE) is the U.S. Customs’ key digital tool for import/export e-filing, assuring compliance & expediting clearance.
Freight All Kinds (FAK) consolidates various goods into one shipment with a uniform rate, simplifying costs.
Cash on delivery (COD) means that a buyer pays for goods when they receive them from the carrier, often in cash or credit card.
A common carrier is a transportation service provider that serves the public for a fee and is liable for any loss or damage of goods during transit.
Cross-docking is a logistics technique that transfers goods from inbound transport to outbound transport with minimal storage or handling.
A consolidator is an entity that combines shipments from different shippers or locations into full container loads for economical & efficient freight.
Contract of carriage is a legal agreement between carrier and shipper for transporting goods under certain terms and conditions.
An export license is a government permit allowing the exportation of specified controlled goods, with the due diligence required from the exporters.