International Business INB345 Lecture Notes - Lecture 1: Containerization, Inland Port

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Fcl (full container load): this is the use of the entire container. There are two choices when making arrangements to book a container: The use of this way involves the use of freight forwarders. Freight forwarders are the middle men or agents that assist to identify carriers, obtain rates, book the shipment, arrange delivery of containers and complete the required documents. Gather all the necessary information to start the process: Transshipment: this is the shipment of goods from one location to another intermediate location and then either to another or the final destination. Port to port, example( toronto to seoul), (toronto railyard is considered as an inland port) Additional charges: caf (currency adjustment factor), csc (currency surcharge), baf (bunker adjustment factor), bsc (bunker surcharge), terminal fee. Where the empty container is available for pick up (container yard). Where to deliver the full container( example railyard in toronto) Evenly distribute the weight on the pallet.

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