A Free Trade Zone (FTZ) can be described as a specific region within a nation’s borders where merchandise can be brought in, warehoused, handled, and sent out again in accordance with particular customs rules, typically without the imposition of customs tariffs. These regions are frequently situated near significant maritime harbors, global air terminals, and the nation’s boundaries—locations that possess numerous geographical benefits for commerce.Read More
Find easy-to-understand explanations of the most common freight forwarding and shipment terms
A Sea Waybill is an essential document used in international ocean freight shipments. It functions as a contract between the shipper, carrier, and receiver and as a receipt of the goods shipped and specifies details such as cargo description, weight, destination port, etc.
The Sea Waybill does not require the physical transfer of possession like a Bill of Lading but still serves to document the shipment’s origin and destination points.