Cargo Insurance
A form of protection that covers loss or damage to cargo during transit.
Definition
A form of protection that covers loss or damage to cargo during transit. Cargo insurance is crucial for international shipping where goods may face risks such as theft damage fire or accidents. Policies can be tailored to offer varying degrees of coverage with options like All-Risk Insurance providing comprehensive protection
Related Terms
CFS (Container Freight Station)
A designated warehouse or facility where LCL (Less than Container Load) shipments are consolidated or deconsolidated before being moved to their final destination.
CAF (Currency Adjustment Factor)
A surcharge applied by carriers to account for currency fluctuations between the origin and destination countries.
Carnet
A document that allows for the temporary importation of goods without the need to pay duties or taxes.
Cargo Manifest
A detailed list of all cargo loaded onto a ship aircraft or truck.
Carrier
A company or individual responsible for transporting goods from one location to another.
CBF (Cubic Feet)
A volumetric measurement used in freight to calculate the space occupied by cargo.
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