Cad terms of payment if the buyer of goods pays for the goods against transfer of the documents entitling him to obtain delivery of the goods from the carrier. Why 14 or 16 months in the payment instruments the result of 14 months and 15 days is because if a 12 month contract a payment instrument is issued today the product will not ship to a maximum of 45 additional days so that allowed 13 months to 12 months of shipments so an allowance of 13 or 14 months is always made for shipments to unforeseen delays or because the buyer can not unload . Industry terms pws is a full service logistics provider operating around the globe. Lets examine these roles in more detail 1 evidence of contract of carriage emphasis on the term evidence many people think that a bill of lading is a contract between the seller and the buyer
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