The Free Carrier (FCA) shipping terms are used to define when the seller of goods is responsible for handing over those goods to the carrier, and when the buyer is responsible for taking possession of the goods from the carrier.
Under FCA terms, the seller is responsible for delivering the goods to the carrier at the agreed-upon location. The buyer is then responsible for taking possession of the goods from the carrier and paying the shipping costs.
FCA terms are often used when the buyer and seller are located in different countries, as the seller may not be familiar with the local shipping regulations. In this case, the seller can simply hand the goods over to the carrier, and the buyer can arrange for the goods to be shipped to their own location.
FCA terms can also be used when the buyer is located in a different city from the seller, and the buyer does not want to incur the cost of shipping the goods to their own location. In this case, the seller can deliver the goods to a carrier in the buyer's city, and the buyer can then take possession of the goods from the carrier.
FCA terms are sometimes used in conjunction with other shipping terms, such as Free On Board (FOB) or Cost and Freight (C&F). In these cases, the FCA terms will define when the seller is responsible for delivering the goods to the carrier, and the other terms will define when the buyer is responsible for taking possession of the goods from the carrier.
What is FOB and FOC?
FOB and FOC are two acronyms that are often used in the supply chain industry. FOB stands for "Free on Board" and FOC stands for "Free on Carriage." Both terms refer to the point at which ownership of goods changes hands from the seller to the buyer. FOB is typically used when referring to shipping terms, while FOC is typically used when referring to transportation terms. Is FCA origin or destination? FCA stands for "Free Carrier". The term "Free Carrier" refers to the point at which goods are transferred from the seller to the buyer. The term is often used in international trade, and specifically in relation to Incoterms (International Commercial Terms).
The term "FCA" is defined in Incoterms 2010 as:
"FCA means that the seller delivers the goods to the carrier or another person nominated by the buyer at the seller's premises, or at another named place, and the seller is responsible for loading the goods on the means of transport."
In other words, FCA is a term used to describe the point at which goods are transferred from the seller to the buyer. The seller is responsible for loading the goods onto the means of transport, and the buyer is responsible for transporting the goods from that point.
What is difference between CIF and CFR?
CFR (cost and freight) and CIF (cost, insurance, and freight) are international shipping terms used to describe who is responsible for paying the costs associated with shipping goods from one country to another.
Under a CFR arrangement, the seller is responsible for the cost of shipping the goods to the port of destination, and the buyer is responsible for paying the cost of loading the goods onto the vessel.
Under a CIF arrangement, the seller is responsible for the cost of shipping the goods to the port of destination and for providing the buyer with a marine insurance policy. The buyer is responsible for paying the cost of loading the goods onto the vessel.
What is the difference between FOB and CPT?
In short, FOB stands for “free on board” and means that the seller pays for the transportation of the goods up to the point of delivery, after which the buyer assumes responsibility. CPT stands for “carriage paid to” and means that the seller pays for the transportation of the goods to the buyer’s designated destination.
What are FOB terms? FOB terms are an important part of the international shipping process, and stand for "Free On Board." FOB terms indicate who is responsible for paying the freight charges associated with shipping the goods. In general, the party who has ownership of the goods at the time they are loaded onto the vessel is responsible for paying the freight charges.