Free carrier is a trade term that requires the seller of goods to deliver those goods to a specified airport, shipping terminal, warehouse, or other carrier location specified by the buyer.
The seller includes the shipping costs in his price and assumes the risk of loss until the carrier has received the goods.
Once the seller hands over the goods to the carrier, the buyer takes full responsibility for the goods.
The International Chamber of Commerce updated Incoterms in 2010 to include a free carrier provision, and the ICC further updated the definition of the FCA shipping term in 2020.
As part of the transfer of responsibility, the seller is only responsible for delivery to the named destination, but is not obliged to unload the goods.
Delivery Duty Paid (DDP) is a delivery contract under which the seller assumes full responsibility for transporting the goods until they reach the agreed destination.
Distribution Management manages the supply chain for the firm, from vendors and suppliers to the manufacturer and point of sale, including packaging, inventory, warehousing and logistics.
In a supply chain, a distribution network is an interconnected group of storage facilities and transportation systems that receive stocks of goods and then deliver them to customers.
Supply chain management (SCM) is a centralized management of the flow of goods and services and includes all processes that turn raw materials into final products.