"FOB" was originally an ocean-freight acronym. Once the freight passed beyond this boundary of the ship's rail and moved onto the vessel, the seller had completed all of its delivery obligations to ...
Learn what Delivered at frontier (DAF) means in shipping, its roles in border deliveries, and essential Incoterms details for smooth international trade.
The term CIF stands for cost, insurance and freight. It is a common term for international shipments, and many nations use the CIF total as the basis for the duty charge or other taxes on the ...
The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...
Suez Canal re-opening will likely be later than ZIMs conservative Mid-2025 guidance in Q4 report. Geopolitical impacts (trade wars, decarbonization) on freight are widely overblown given the 2018+ ...