ICC (C) does not cover risks of war, strike, but covers loss of or damage to cargocaused by earthquake or sinking.

General average and salvage charges are covered both in FPA and WPA coverage.

Insurance contract is essentially a contract between the carrier and the insured forcargo insurance.

The figure like 1/10/2007 in British English will be understood as January 10,2007.

In air cargo transport, each consignment is identified by the AWB number.

Procurement is concerned with purchasing and arranging outbound movement ofmaterials, parts, and/or finished inventory from suppliers to customers.

Usually, an Air Waybill is non-negotiable, that is, the goods must be sent to theconsignee titled in the Air Waybill.

E-commerce not only involves exchanges among customers, business partners andvendors, but also includes operations that handled within the business itself.

From legal point of view, the Notify Party on the B/L is not the party of thecontract of the carriage of goods by sea.

The objective in inventory strategy is to achieve desired customer service with theminimum inventory commitment.