What is LP-THC and CNF for shipping terms?
LP-THC and CNF are shipping terms used in international trade.
LP-THC stands for "liner pricing - terminal handling charges." This means that the shipping company charges a fixed rate for transporting goods, plus a separate charge for handling the goods at the terminal. The terminal handling charges may include costs for loading and unloading the goods, as well as storage costs.
CNF stands for "cost and freight." This means that the shipping company charges a fixed rate for transporting the goods, including the cost of loading the goods onto the ship at the port of origin and unloading them at the port of destination. The buyer is responsible for paying any additional costs, such as insurance and customs duties.
LP-THC and CNF are just two of many different shipping terms that are used in international trade. It is important to understand the terms of a shipping contract before agreeing to it, so that you know exactly what you are responsible for paying.