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 MarineCargoRecovery.com
Liquidations and closeouts can come from a variety of sources. Some common examples are manufacturers with overstocks, retail stores closing, and companies changing product packaging. Marinecargorecovery.com specializes in liquidations and closeouts that have not been on the store shelf. We sell inventories that are in original cases with intact packaging unless noted otherwise. These inventories range from a few pallets to multiple truckloads. A recent acquisition of 17 truckloads of cased goods furniture was shipped cross-country to a large discount chain in New England. Marinecargorecovery.com sourced the product, inspected goods, negotiated purchase price and assisted in the logistics and transportation of goods. Whether you are looking for discounted pricing on raw materials for manufacturing or finished product for your store shelves, give us the opportunity to assist you.
Here are some trading terms to be familiar with:
Bill of Lading : a document issued by a carrier. The agent or company acknowledges that specified goods have been received on board as cargo for conveyance to a designated location for delivery to the consignee who is usually identified. A through bill of lading involves the use of at least two different modes of transport from road, rail, air, and sea.
Bonded goods: Goods held in a bonded warehouse because the duties liable on them have not yet been collected.
C & F : A term of sale used in international trade which stands for Cost and Freight. When quoting a C & F price the exporter includes the full FOB costs and responsibilities plus the carriers charges for the transport from port to port or airport.
C.O.D. : Is cash cash on delivery. Payment is released on delivery of goods at an agreed place.
Combined transport : Carriers on various modes of transport combine to offer faster movement of goods to a final destination using two or more modes of transportation
Consignor: Describes the party sending the goods.
Cube out: Loading a container with goods that have filled the available space before the maximum weight limit has been achieved.
Demmurage: Quay (dock) rental charges which accrue, after a short free period.
Dunnage: Package material used for protecting a cargo when storing it, or for protecting the ship against damage while in transit.
F.O. B.: FOB stands for "Free On Board". Documents stating "FOB" means that the seller pays for transportation of the goods to the port of shipment, plus loading costs. The buyer pays freight, insurance, unloading costs and transportation from the arrival port to the final destination. The passing of risks occurs when the goods pass the ship's rail at the port of shipment. An exporter might state F.O.B. Port of Los Angeles.
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