Glossary


Terms & Glossaries of Shipping and Trading

FCR (Forwarders Cargo Receipt)

The FCR is a proof of delivery of goods in good order and condition for shipment. The document is issued by us to the shipper and serves as proof to another party that payment to the vendor can take place according to agreed terms. The FCR is not a document to title or evidence of carriage. Under an FCR we are only responsible for goods while they are in our custody, if goods are lost or damaged during transit, the client must file a claim against the ocean carrier.