What is demurrage?

de•mur•rage [dih-mur-ij]  Definition – A charge for the amount of days that an import container is under the control of the shipping line after the free time for pickup has expired. Charges are applied for storage of containers while in the steamship lines...

What is Landed Cost?

Definition – The total or end cost of a product once it arrives at the buyer’s door. This includes purchase price, logistics and brokerage fees, insurance, duties and taxes, insurance and other costs. Related Terms – Total Landed Costs...