Place of Receipt
Category: Logistics
Definition (plain English)
The location where the carrier or forwarder first receives cargo for the transport movement.
Why it matters commercially
Place of receipt can determine when carrier responsibility starts and which inland origin charges are included.
Example
A bill of lading showed place of receipt at an inland rail terminal, not the factory, so pickup cost stayed with the supplier.
Common mistake
Confusing place of receipt with port of loading or factory pickup point.
Use this in CommerceKit
Freight Cost Per Unit Calculator
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