afacerilemn/woodbusinessportal

Demands and offers of wood and wood products - Suppliers from the wood industry - The latest information

 
 


CFR (Cost & Freight)

CIF (Cost, Insurance and Freight)

CPT ( Carriage paid to )

CIP (Carriage and Insurance Paid )

DAF (Delivered at Frontier)

DES (Delivered Es Ship)

DDU (Delivered Duty Unpaid)

DDP (Delivered Duty Paid)

EXW (Ex Works)

FCA (Free Carrier)

FAS (Free Alongside Ship)

FOB (Free On Board)



 

FCA(Free Carrier)

 

A trade term requiring the seller to deliver goods to a named airport, terminal, or other place where the carrier operates. Costs for transportation and risk of loss transfer to the buyer after delivery to the carrier. When used in trade terms, the word "free" means the seller has an obligation to deliver goods to a named place for transfer to a carrier. Contracts involving international transportation often contain abbreviated trade terms that describe matters such as the time and place of delivery and payment, when the risk of loss shifts from the seller to the buyer, and who pays the costs of freight and insurance .The most commonly known trade terms are Incoterms, which are published by the International Chamber of Commerce (ICC). These are often identical in form to domestic terms, such as the American Uniform Commercial Code, but have different meanings. As a result, parties to a contract must expressly indicate the governing law of their terms. It's important to realize that because this is a legal term, its exact definition is much more complicated and differs by country. It is recommended that you contact an international trade lawyer before using any trade term.