Free on truck: Includes all loading, discharging and seafreight costs. Also includes costs of placing goods onto trucks at the quay.
FRA
Forward Rate Agreement
Free discharge
Free out: Includes loading costs and seafreight only.
Freight Account
The debit note received from the shipowner for freight due on goods shipped.
Freight Collect Forward
Payable by consignee.
Freight Forwarder
Company or person who organises transportation of cargo including one or all of the following:- sea, air or rail transport, haulage and customs clearance.
Freight Release
Shipowner's authorisation to captain to give delivery of goods, freight having been paid on them.