APT Logistics India – Providing Total Logistics solutionsCommon INCO Terms :-Ex-Works (EXW): You, as the shipper , are liable and financially responsible for the shipment from the moment it leaves your supplier’s warehouse. As a result, the quote you receive from the freight forwarder will include a line item for the origin fees (warehouse pickup, trucking and delivery to the port of lading) that you will be obligated to pay.Free on Board (FOB): Your supplier is responsible for all the costs and arrangements associated with getting the shipment to the port where it will be loaded onto the vessel. As a result, these fees are not passed along to you and, thus, not included in the quote.
There are several incoterms. One must familiarise self with the terms to understand where you’re liable for costs, and ensure your quotes are accurate.Some common points required when shipping :-RFQs for LCL shipments :
While shipping less-than-container load of goods (LCL), provide to your freight forwarder your total number of packages and the dimensions and weight of each. The freight forwarder also wants to know what type of packages to expect, so indicate whether your cargo is on pallets, in loose boxes, within crates, etc.RFQs for FCL shipments :
While shipping a full container load (FCL) , determining your specifications is as easy as specifying the container size you’ll need — 20-foot, 40-foot, 40-foot HQ, or 45-foot HQ.Ask your supplier or freight forwarder for guidance if you’re uncertain about the ideal container size for your FCL shipment, they can help you determine the right size.
Finally, include details about your shipment’s contents, noting any special considerations for fragile or hazardous products. The more details you provide the freight forwarder upfront, the more accurate your quote will be.