IFTS-Institute of Foreign Trade Services

IFTS-Institute of Foreign Trade Services

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Understanding Trade Terms Related to “Costs Additional to the Freight” involved in Sea Shipments | IFTS - Institute of Foreign Trade Services 18/11/2025

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Understanding Trade Terms Related to “Costs Additional to the Freight” involved in Sea Shipments | IFTS - Institute of Foreign Trade Services In sea shipments, freight isn’t always the whole story! Trade terms like FI, FO, FIO, FIOS, FIOST show which handling costs — loading, unloading, stowage, trimming — are not included in the freight Under a Letter of Credit, buyers often require transport documents not to show any costs additio...

14/12/2024

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