Shipping and Importing Terms
From the factory floor to your door, Bigfoot Imports also offers you full service for shipping of your products. These include services such as the ocean cargo, documentation, customs clearance, insurance, duties, taxes, transportation… Bigfoot Imports will deliver the products directly to your door or you can ship FOB direct from factory. Bigfoot Imports has developed great relationships with International freight forwarders who offer us the best price and the best service. Our staff is committed in offering real time information to keep you up-to-date on delivery dates and times. |
Below is a list of commonly used trade terms for your reference:
F.O.B (Free On Board) (port-same as FAS)! Risk pass to buyer including payment of all transportation and insurance cost once delivered on board the ship by the seller. Used for sea or inland waterway transportation. | |
CFR (Cost and Freight) – (destination port-paid to arrival at destination port) Title, risk and insurance cost pass to buyer when delivered on board the ship by seller who pays the transportation cost to the destination port. Used for sea or inland waterway transportation. | |
CIF (Cost, Insurance and Freight) – (destination port-same as CFR, but includes insurance)Title and risk pass to buyer when delivered on board the ship by seller who pays transportation and insurance cost to destination port. Used for sea or inland waterway transportation. | |
CPT (Carriage Paid To) – (place at destination-includes all destination port charges)Title, risk and insurance cost pass to buyer when delivered to carrier or seller who pays transportation and insurance cost to destination. Used for any mode of transportation. | |
CIP (Carriage and Insurance Paid To) – (place at destination-same as CPT, but includes insurance) Title and risk pass to buyer when delivered to carrier by seller who pays transportation and insurance cost to destination. Used for any mode of transportation | |
DAF (Delivered to Frontier -(border of country-same as paid by seller to border-all other charges to buyer). Title, risk and responsibility for import clearance pass to buyer when delivered to named border point by seller. Used for any mode of transportation. (border of country-same as paid by seller to border-all other charges to buyer). Title, risk and responsibility for import clearance pass to buyer when delivered to named border point by seller. Used for any mode of transportation. | |
DES (Delivered Ex Ship) – (on board ship to destination port) Title, risk, responsibility for vessel discharge and import clearance pass to buyer when seller delivers goods on board the ship to destination port. Used for sea or inland waterway transportation. | |
DEQ (Delivered Ex Quay i.e. Duty Paid) – (destination port-includes duties and taxes, but not destination charges or delivery) Title and risk pass to buyer when delivered on board the ship at the destination point by the seller who delivers goods on dock at destination point cleared for import. Used for sea or inland waterway transportation. | |
DDU (Delivered Duty Unpaid) – (consignee door-excluding duties and taxes) Title, risk, and responsibility for vessel discharge and import clearance pass to buyer when seller delivers goods on board the ship to destination port. Used for sea or inland waterway transportation. | |
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LC – Letter of Credit
An LC is a document issued by the client’s bank agreeing to pay Bigfoot Imports on a certain date if we meet all project requirements. Using an LC helps assure timely delivery of goods and indemnifies the client against payment of goods not received. |