What is Cargo Release?
Cargo Release An official authorization or document, usually issued by a carrier or customs authority, permitting the consignee to take possession of cargo at destination after all contractual and regulatory conditions are satisfied.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Cargo Release” Used in Practice?
The consignee must present a cargo release at the terminal gate to collect goods after customs clearance and payment of all charges.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Cargo Release?
An official authorization or document, usually issued by a carrier or customs authority, permitting the consignee to take possession of cargo at destination after all contractual and regulatory conditions are satisfied.
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