International Freight Settlement Standards

Freight is the paid transportation of goods by land, sea, or air, and also refers to the goods being transported.

Freight settlement refers to the process of recording, verifying, and invoicing transport and freight charges between parties involved in a shipment. ...

Sectional freight refers to the freight charges applied to a defined segment of a transport route. It includes the costs of loading, carriage, and han...

Sea freight refers to the commercial transport of goods by ship across sea routes between ports, typically using container ships, bulk carriers, or ta...

Sea freight refers to the transportation of large quantities of goods by sea using cargo ships.

Rules and procedures for value-added tax (VAT) in cross-border supply of goods and services within the internal market, including intra-EU supplies, i...