NOUNS
This is a place where goods are stored before being distributed.
What is a warehouse?
To rival with another company.
What is to compete?
Not affected by delay and delivered as promised
What is on time?
To follow rules and regulations to ensure that goods are imported, exported, and processed correctly
What is to comply with customs?
Incoterm = all costs and risks lie with the seller until the goods are loaded on the ship
What is FOB / Free on Board?
A person or company responsible for transporting goods.
What is a haulier or carrier?
To put goods onto a ship, plane, or vehicle.
What is to load?
Being dependable and trustworthy.
What is reliable?
To send goods overseas.
What is to ship cargos?
The amount of money paid for taking care of documents and processing.
What is a handling fee?
The money spent to have goods transported from one location to another.
What are shipping costs?
To put off to a later time
What is to delay?
Goods moved within a country rather than internationally.
What is domestic or inland?
To move money from one account to another.
What is to transfer funds?
Incoterm = the seller is responsible for delivering the goods to an address or location agreed between both parties
What is DAP / Delivered at Place?
A statement that something is unsatisfactory or unacceptable.
What is a complaint?
To be short of supplies
What is to run out?
Required by law or regulations.
What is mandatory or compulsory?
To ask for a formal statement setting out the estimated cost for a particular job or service
What is to request a quotation?
An area where goods can be traded without customs restrictions.
What is a free-trade zone?
An official document confirming the receipt of goods for shipment.
What is the bill of lading?
To make something stronger or more effective
What is to strengthen?
Goods that are risky or dangerous to transport.
What is hazardous?
To ensure that legal and procedural requirements are met
What is to verify compliance?
A large group of ships owned and operated by a shipping company
What is a vessel fleet?