Tag Archives: Trade
Incoterms are a set of three-letter standard trade terms commonly used in international contracts for the sale of merchandise.
Transshipment is considered as a legal term and involves transfer of goods/container from one conveyance to another for reshipment. For example sea transport to road transport. Shipments involving more than one mode of conveyance issue multi-modal shipment document which is a single document covering the entire shipment.