What is Freight Invoice?
Freight Invoice A bill issued by a carrier or freight forwarder to a shipper or consignee for transportation services rendered, detailing charges, route, and payment terms.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Freight Invoice” Used in Practice?
Payment of the freight invoice is required before the carrier releases the bill of lading and hands over the cargo to the consignee.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Freight Invoice?
A bill issued by a carrier or freight forwarder to a shipper or consignee for transportation services rendered, detailing charges, route, and payment terms.
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