When freight is shipped by truck, it is accompanied by a Bill of Lading. On the bill of lading, you’ll almost always find a section titled “Freight Terms”, which will either be populated with Freight Prepaid, Or Freight Collect. But what exactly do these terms mean, and what’s the difference? We’ll go over that in […]
What is Cash Against Documents (CAD)?
Cash against documents (CAD) is a phrase that you’ll often hear when dealing with importing or exporting goods. When doing business internationally, it can be very difficult to protect one’s interests in a transaction. This is where CAD payment terms can be beneficial. What is CAD? CAD is a is a method of doing business […]
