International Logistics. Presented by: Delhy Arias Marbell Lastra Maria J Zavala. Definition of International Logistics. The negotiating, planning, and implementation of supporting logistic arrangements between nations, their forces, and agencies.
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Maria J Zavala
Note: Most exporters rely on an international freight forwarder to perform these services because of the multitude of considerations involved in physically exporting goods
Markings on cartons to be shipped
Type of covers
FOB – (Free On Board vessel) only for carriage by water; the point of title transfer occurs when the goods have passed over the ship’s rail
CIP – (Carriage and Insurance Paid To) similar to CIF; used in multimodal transactions. Place of receipt & delivery may be different from port of loading or unloading
DEQ – (Delivered Ex-Quay) similar to DES; seller pays the costs of unloading the cargo from the vessel and the cost of import clearance
DAF – (Delivered At Frontier) seller’s responsibility is to deliver goods to a named frontier (border crossing point) & clear the transaction for export. Buyer’s responsibility is to arrange for pickup of goods after cleared for export, carry them across border, clear them for importation, and pay duties DDP – (Delivered Duty Paid) Seller pays everything to the buyer’s warehouse door and passes on all related costs in the merchandise price
DDU – (Delivered Duty Unpaid) similar to DDP except duty is not paid