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 waybill is a document issued by a carrier that accompanies a shipment of goods and provides important information about the shipment, including its origin, destination, route, and expected delivery time. It also serves as a record for both shipper and receiver to track the freight’s progress, and it’s attached to the package’s exterior.
Additionally, it may include other details such as the type of cargo being shipped, the weight and dimensions of each item (if applicable), the total number of pieces in the shipment, shipping cost or rate charged by the carrier, and any special instructions related to handling or delivery.