Logistics

Key insights and market updates for logistics and trade.

Arrival Notice

An arrival notice is a document sent to the notify party to inform them of the cargo’s arrival date. It is issued by the ocean freight forwarder, freight carrier, or agent.

Packing List

A packing list is a customs declaration document with each shipment’s list of packages detailed individually by weight, dimension, and quantity.

Incoterms

Incoterms® are trade terms developed by the International Chamber of Commerce (ICC) to specify details in trade contracts for global freight delivery.

Commercial Invoice

A commercial invoice is a document specifying the amount and quantity of the sent goods for customs declaration purposes along with a packing list.

Notify Party

The notify party is the person who is listed on a Bill of Lading or Air Waybill and will be informed when a shipment reaches its destination.

Consignee

The consignee is the recipient of the transported goods to whom the cargo’s ownership will be assigned once it is cleared at the destination.

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