The business or entity shipping the product. This can be a factory, distribution center, or drop ship origin location.
The consignor is responsible for packing the goods and obtaining any necessary documentation for shipping, as well as arranging transportation of goods to the port and onto the carrier, and payment of all freight costs. He or she may also be responsible for obtaining insurance for the shipment, as agreed to with the customer. When shipping internationally, the consignor is also the exporter of record (or, in the U.S., it is often the U.S. principal party of interest).
Learn more about the eleven existing Incoterms® rules and what they mean for your shipping business.
Learn how UPS Supply Chain Services can help you manage all those shipments, vendors, and processes to help simplify your supply chain.
Whether you’re a seasoned supply chain expert or this is your first time just starting out, we’re here to help.