Difference between revisions of "Absorption (shipping)"

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'''Absorption''' occurs when a [[carrier]] assumes the [[charge]]s of another without any increase in charges to the [[shipper]].<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref>
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'''Absorption''' occurs when a [[carrier]] assumes the [[charge]]s of another without any increase in charges to the [[shipper]].<ref>[http://www.marad.dot.gov/publications/glossary/glossary.html U.S. Department of Transportation Maritime Administration]</ref>
  
 
==References==
 
==References==
 
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[[Category:Shipping terms]]
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[[Category:Shipping Terms]]

Latest revision as of 00:54, July 13, 2016

Absorption occurs when a carrier assumes the charges of another without any increase in charges to the shipper.[1]

References