What is Transit Time?
Transit Time The total elapsed time taken for a shipment to move from origin to final destination, excluding dwell time at intermediate facilities, as specified in transport documentation and KPIs for carrier performance.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Transit Time” Used in Practice?
Transit time is calculated from the actual departure at origin to actual arrival at the destination, excluding dwell at intermediate stops.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Transit Time?
The total elapsed time taken for a shipment to move from origin to final destination, excluding dwell time at intermediate facilities, as specified in transport documentation and KPIs for carrier performance.
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