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Free shipping is a marketing tactic used primarily by online vendors and mail-order catalogs as a sales strategy to attract customers.
FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
FOB – Free on Board (named port of shipment) Main article: FOB (Shipping) Under FOB terms the seller bears all costs and risks up to the point the goods are loaded on board the vessel.
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Amazon is raising its free shipping threshold for some customers. To qualify for free shipping, non-Prime members typically have to purchase an order totaling at least $25.
Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...
A certificate of origin is an important international trade document that certifies that goods in a particular export shipment are wholly obtained, produced, manufactured or processed in a particular country. It also serves as a declaration by the exporter.
A forward freight agreement ( FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates.
This map of shipping routes illustrates the relative density of commercial shipping in the world's oceans. Freight transport, also referred as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo.
An advance ship notice or advance shipping notice (ASN) is a notification of pending and upcoming deliveries matched to the prior provided packing list. It is usually sent in an electronic format and is a common EDI document. In the EDI X12 system, it is known as the EDI 856 document and the EDIFACT equivalent is the DESADV (Dispatch Advice ...