What is a reefer?
A significant amount of cargo moves across the world in reefer containers. But what are reefer containers? What type of products or goods can they transport? Reefers are a type…
Cargo Insurance in Transportation
Cargo Insurance In case a consignment is either lost or damaged, cargo insurance helps reimburse the concerned vendor or the customer. When is cargo insurance necessary? Moving cargo is risky.…
What does NVOCC mean?
Non Vessel Owning Common Carrier (NVOCC) refers to a transportation operator that does not own any ocean going vessel assets. The transport operator will take care of operations that include…
Shipping DAP Incoterms 2020
DAP Incoterms 2020 : A Few Quick Points Delivered At Place (DAP) Incoterms can be used for all modes of transport and even when there are multiple modes of transport…
Shipping CIF Incoterms 2020
CIF Incoterms 2020 : A Few Quick Points Cost Insurance and Freight (CIF) Incoterms (or CIF Incoterms) can be used for sea transport, including inland waterway Risk transfers from seller…
Difference between LCL and FCL
What does LCL and FCL mean? FCL refers to “Full Container Load” whereas LCL means “Less than Container Load”. Both these terms are used quite often and commonly in international…
