From the moment a consignment leaves the shipper's warehouse, it is exposed to transit risk β the range of perils that can affect cargo until the consignee takes delivery.
Source: https://www.investopedia.com/terms/t/transit-risk.asp
Tools that match this term
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility β free, no login required.
Weekly: Top news, industry facts and insights from the world of logistics β free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.