INCOTERMS – 2010 Purpose, History and Definition Incoterms are generally accepted commercial terms defining the respective roles and responsibilities of the buyer and seller in arrangement of transportation and other obligations. These are also referred as Terms of Sale. These are standard trade definitions, most commonly used in international sales/purchase contracts and assisting buyers and sellers to understand each other’s expectations and responsibilities. These are devised, published and
Words: 2088 - Pages: 9
Second, they want to improve the percent of loaded miles in their fleet to reduce costs by coordinating the pickup and delivery of freight at the same time in the same geographic area. They want to increase productivity by fine-tuning their current process Third, they want to track the whereabouts of freight both in the terminals and on the trucks to provide customers with accurate delivery dates and times. They want to be innovative by providing new services
Words: 845 - Pages: 4
IV- Act of the Shipper case study My case study will be over the act of the shipper that is discussed in chapter 9. It brought up some very interesting information on who is, or will be held liable if any damages, loss, and delay happens to the freight. So when it’s an act of the shipper the carrier will not be held liable. I will give you examples and also discuss when the act of a shipper reduces a carrier liability. Before I get into the exceptions I first must give you the general rule so
Words: 942 - Pages: 4
or missed assignments and projects. The Case Study is valued at 12% of the course grade. Case Study Company Overview Catacomb, Inc. is a global logistics provider that offers fully integrated freight and supply chain services through managed warehousing and domestic and international freight forwarding. Services range from door-to-door domestic and international delivery services to total supply chain management. With branches across the United States and Europe and partners worldwide, Catacomb
Words: 878 - Pages: 4
which is roadway services. Extension by an acquisition of Caliber, FedEx start to offer others services such as subsidiaries which are RPS, a small-package ground service by Roberts Express, an expedited shipping provider by Viking Freight, a regional, truckload freight carrier serving the Western United. Other than that, Caribbean Transportation Services, a provider of airfreight forwarding between the United States and the Caribbean. Caliber Logistics and Caliber Technology,
Words: 3571 - Pages: 15
University Malaysia Kelantan (UMK) Malaysian Graduate School of Entrepreneurship and Business (MGSEB) Course Name: Financial Reporting & Controlling Course Code: GST 5033 “Revenue Recognition of AirAsia” Submitted To: Prof Dr. Zulkarnain Bin Muhamad Sori Submitted By: Mohammad Osman Goni (Matric No. P13D179F) Hayder Alwan Kadhim – P13D20F Wesam Esam Hamzi - P14D482F Assel Faisal - P14D484 VALUE CHAIN OF AIRAISA To better understand and analyze the specific activities
Words: 1365 - Pages: 6
personal and non-personal expenses related processing cost within the facility * Desktop Truck Expenses: includes personnel and delivery truck expenses related to performing desktop delivery functions. * Commercial Delivery Expenses: includes freight cost * Order Entry Expenses: includes manual order setups, order entries by line item, and EDI/Internet order validation functions 2) Find the rate for each cost pool. Cost Pool | Total Cost | Allocation % | Allocation $ | Activity
Words: 641 - Pages: 3
transportation and insurance to the port in Baltimore. Here are still costs that need to be added which are, brokerage, duties/taxes, and inland freight costs. c. DDP New York, $16.50 USD. This means that the cost has already been figured in and it includes transportation, insurance and duties/taxes. The cost that needs to be added is inland freight and brokerage fees. 5. What other pieces of information might Dennis require in order to make an informed decision? a. For choice A
Words: 520 - Pages: 3
portrayed Flat Cargo Berhad (FCB), a public listed company which known as one of the largest air freight companies in Malaysia. FCB was registered as an investment holding company with several subsidiaries where the subsidiaries primarily provides air freight services and aircraft ground handling services. As the only Intra-Asian overnight express cargo operator based in Malaysia, FCB provides air freight transportation involving aircraft charter and leasing. Due to landing rights in Asia Pacific region
Words: 763 - Pages: 4
million express packages to 200 countries daily. One major change has affected Federal Express. In January of 1998, Federal Express changed to FDX Corporation. FDX Corporation now includes Federal Express, Roadway Packaging System (RPS), Viking Freight, Roberts Express, and Caliber Logistics. Even though FDX owns all these companies, Federal Express still remains independent. FDX’s strategy is to corroborate on selling and synergies for all FDX companies, but run operations separately and keep each
Words: 3542 - Pages: 15
