Latest news from Reddick, FL collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: African (28.2%), Dutch (7.3%), American (2.2%), English (1.9%), German (1.9%), Romanian (1.6%). Current Local Time: EST time zone. Elevation: 75 feet.
Freight collect it is mean when cargo arrive destination, than consignee pay the freight. Shipper have willing to risk. Because there will be consignee wonât pick up the cargo woât pay the freight. So most of time shipper doesnât agree this payment way in international freight shipping business. Sea freight collect.
The common understanding of Freight Collect is that the receiver (or buyer) of the goods is to pay the freight charges upon receiving the goods. To be more technically correct, however, the FOB point (the point at which title passes from the shipper to the receiver) should also be specified.