„Free Time“

What does Free Time stand for?

1. The time allowed shippers and receivers to load or unload rail cars before demurrage or detention.

2. The time allowed consignees to take physical delivery of cargo before storage or demurrage is assessed.

Source:

“Dictionary of International Trade: Handbook of the Global Trade Community.” 10th Edition. Edward G. Hinkelman. World Trade Press, 2010.

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