{"@context":"https://schema.org","@type":"DefinedTerm","name":"risk allocation","description":"Risk allocation in transport contracts determines which party—shipper, carrier, or consignee—bears the financial consequences of cargo loss, damage, or delay. The decisive transfer point is established by Incoterms, the bill of lading, or the waybill, and directly governs who must insure the goods and who carries liability in a claim. Terms such as FOB or CIF define this moment with geographic precision—at the ship's rail, at the carrier's premises, or at named destination. In practice, ambiguou","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/risk-allocation-2","inLanguage":"en","dateModified":"2026-06-26T21:57:20.659448","citation":"https://www.investopedia.com/terms/r/risk-allocation.asp","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/risk-allocation-2","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"risk allocation · Risk allocation in transport contracts determines which party—shipper, carrier, or consignee—bears the financial consequences of cargo loss, damage, or delay. · Quelle: https://www.investopedia.com/terms/r/risk-allocation.asp"}