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Drop shipping. Drop shipping is a form of retail business in which the seller accepts customer orders without keeping stock on hand. Instead, in a form of supply chain management, the seller transfers the orders and their shipment details either to the manufacturer, a wholesaler, another retailer, or a fulfillment house, which then ships the ...
Shipping line. Container ships are used by shipping lines to transport cargo. A shipping line or shipping company is a company whose line of business is ownership and operation of ships . Shipping companies provide a method of distinguishing ships by different kinds of cargo: Bulk cargo is a type of special cargo that is delivered and handled ...
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Zim Integrated Shipping Services Ltd., commonly known as ZIM ( Hebrew: צים, tsim; a biblical word meaning "a fleet of ships", Numbers 24:24), is a publicly held Israeli international cargo shipping company, and one of the top 20 global carriers. [1] The company's headquarters are in Haifa, Israel; Founded in 1945, ZIM has traded on the New ...
v. t. e. When used in foreign trade, a commercial invoice is a customs document. It is used as a customs declaration provided by the person or corporation that is exporting an item across international borders. [1] Although there is no standard format, the document must include a few specific pieces of information such as the parties involved ...
Court of Petty Sessions of Victoria, 26 April 1912. [1] Melbourne Steamship Co Ltd v Moorehead [2] was the last of a series of cases in which members of a cartel, described as the "Coal Vend" were prosecuted under the Australian Industries Preservation Act. [3] The majority of the High Court held that the investigation power was spent once a ...
The word "lading" means "loading", both words being derived from the Old English word hladan. "Lading" specifically refers to the loading of cargo aboard a ship. The Dutch word "lading" has exactly the same meaning (freight, cargo, an amount of transportable goods) as it has in the English "bill of lading", but is not restricted to shipping.
Guarantee. A guarantee is a form of transaction in which one person, to obtain some trust, confidence or credit for another, engages to be answerable for them. It may also designate a treaty through which claims, rights or possessions are secured. [1] It is to be differentiated from the colloquial "personal guarantee" in that a guarantee is a ...