GMS 803 Lecture Notes - Lecture 4: Zone Libre, Environmentally Friendly
12 Sep 2014
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13 global insurance terms: cif = cost insurance freight o o. Paid by the seller all the way till the port of the destination. Buyer takes title at the port of destination and covers the. * will ask how they are used / applied + not tested on what they are. Ltl = less than truck load: even if the truck is not fully loaded, you will still have to pay for the full price of the freight, becomes costly. You can try to reduce the cost by finding another customer going to the same destination (but it will be difficult to find) Alternatively, this increases the costs for transportation: costal transportation has declined over the years because of time, rail transportation. There wasn"t much passenger transportation with using rail o o because there was not much available. Not only limited to the roads: unexpected events, environmental conditions, distance, mode of transportation and the cost.
