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What is Carrier Capacity: Optimizing Logistics Dynamics for Efficient Cargo Transportation
What is it? Carrier Capacity is a fundamental concept in the realm of logistics and transportation,…
What is CFR (Cost and Freight)?
Definition: CFR, or Cost and Freight, is a widely used international trade term that defines the…
What is Letter of Credit (LC)?
What is it? A Letter of Credit (LC) is a financial instrument widely used in international…
What is CPT (Carriage Paid To)?
Definition: CPT, or Carriage Paid To, is a significant international trade term that delineates the responsibilities,…
What is DPU: Delivery at Place Unloaded
What is it? Delivery at Place Unloaded (DPU) is an Incoterm, a standardized set of international…
What is FAS: Free Alongside Ship
Risk Management: The risk associated with the goods transfers from the seller to the buyer once…