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Landbridge

Multi-modal transportation where containerized cargo is brought to a port on one coast, unloaded to ground transport, transported to a port on another coast, and loaded on to another vessel. Usually, a single carrier (often the provider of main carriage…

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Landed costs

The costs of the imported goods at the port or point of entry into a country, including the cost of freight, insurance and port and dock charges. All charges occurring after the goods leave the import point are not included.

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Landed value

The value of cargo at the arrival point on the buyer´s side.; i.e., cost of goods, packing, forwarding fees, pre-carriage, main carriage and insurance.

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Language clause

A clause used in international contract drawn up in two or more languages (English, Spanish, French, German). The language clause has to establish which version prevails over the others. An example of language clause is as follows: The whole text…

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