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The first work published by the ICC on international trade terms was issued in 1923, with the first edition known as Incoterms published in 1936. The Incoterms rules were amended in 1953, [ 4 ] 1967, 1976, 1980, 1990, 2000, and 2010, with the ninth version — Incoterms 2020 [ 5 ] — having been published on September 10, 2019.
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 ...
A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper (party that arranges an item for shipment) by liaising with carriers (party that transports goods). The carriers may use a variety of shipping modes, including ships, airplanes, trucks, and railroads ...
This page was last edited on 6 May 2013, at 23:26 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike License 4.0; additional terms may apply ...
A specialized set of jargon describe the tools, equipment, and employment sectors used in the trucking industry in the United States. Some terms may be used within other English-speaking countries, or within the freight industry in general (air, rail, ship, and manufacturing). For example, shore power is a term borrowed from shipping ...
The International Register of Shipping or IS was established in 1993, and is an independent classification society which provides classification, certification, verification and advisory services. The International Register of Shipping also offers consulting services well suited for the shipping and offshore industry. SOPEP at work.
The International Ship and Port Facility Security ( ISPS) Code is an amendment to the Safety of Life at Sea (SOLAS) Convention (1974/1988) on Maritime security including minimum security arrangements for ships, ports and government agencies. Having come into force in 2004, it prescribes responsibilities to governments, shipping companies ...
An arrangement of tracks where rolling stock is switched to and from trains, freight is loaded or unloaded, and consists made up. [ 261][ 31] Yellow. A color associated with a warning or a need to slow down when used by flags or signals, but the exact meaning varies from railway to railway. Yoke.