What is Equipment Interchange?
Equipment Interchange A document recording the transfer of containers or equipment between parties (e.g., carrier, terminal, trucker) detailing condition and responsibility at interchange.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Equipment Interchange” Used in Practice?
The trucker signed the equipment interchange upon taking custody of the empty container from the terminal.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Equipment Interchange?
A document recording the transfer of containers or equipment between parties (e.g., carrier, terminal, trucker) detailing condition and responsibility at interchange.
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