What is Bulk Storage?
Bulk Storage The practice of storing large quantities of homogenous goods in an open or undivided space within a warehouse, rather than individual bins or racks, often for raw materials or non-palletized stock.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Bulk Storage” Used in Practice?
Bulk storage areas are designated for commodities such as grains, minerals, or construction materials not suited for bin storage.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Bulk Storage?
The practice of storing large quantities of homogenous goods in an open or undivided space within a warehouse, rather than individual bins or racks, often for raw materials or non-palletized stock.
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