Freight

Freight

• 1.
  FREIGHT
• 2.
  What is Freight? •A charge paid for carriage or transportation of goods by air, land , or sea. • It may be charged on the weight or volume of the shipment (depending upon its nature or density) and also varies according to the mode of shipment, such as bulk, break bulk, containerized.
• 3.
  What is RoadFreight? • Road freight (also sometimes referred to as ‘road haulage’ or ‘road transport’) is often the most effective mode of transport for land-locked countries. • In Road transport trucks are the vital links between producers, businesses and consumers, giving them the freedom to locate wherever they choose. • It is more flexible and cheaper than the other mode of transport.
• 4.
  Advantages of RoadFreight: 1. Door to Door Servies (D2D). 2. Service in Urban and Rural Areas. 3. Flexible service. 4. Suitable for Short Distance. 5. Lesser risk of damage in transit. 6. Less cost. 7. Feeder to other modes of transport.
• 5.
  Types of documents: 1.CMR Documents. 2. Bill of Lading (B/L). 3. Air Waybill (AWB). 4. Multimodal Bill of Lading or FIATA Multimodal Bill of Lading (FBL). 5. Cargo Insurance Certificate. 6. International Commercial Invoice. 7. Packing List. 8. Delivery Note.
• 6.
  CMR Documents: 1. CMRis an abbreviation of the French title of the convention, Convention relative au contrat de transport international de Marchandises par Route. 2. The CMR transport documents is an international consignment note used by drivers, operators and forwarders alike that governs the responsibilities and liabilities of the parties to a contract for the carriage of goods by road internationally.
• 7.
  CMR Documents: 3. Thecarrier usually completes the form, but the sender – in other words the exporter – is responsible for the accuracy of the information and must sign the form when the goods are collected. The consignee will also sign the form on delivery, which is essential for the carrier to be able to confirm the delivery of the goods and to justify the payment for its services. 4. The CMR transport document is not a document of title and is therefore non-negotiable.
• 8.
  CMR Documents: 5. Thisdocument is prepared by the exporter and the freight forwarder and is addressed to the importer and the carrier.