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What is the difference between Transit and Transshipment of Goods?

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Question added by Jijumon James , SENIOR ACCOUNTANT , BADR AL SAMAA HOSPITAL
Date Posted: 2015/01/16
thirupathi balakrishnan
by thirupathi balakrishnan , OPERATION EXECUTIVE , Jawad Business group

TRANSIT-POINT OF ORIGIN TO DESTINATION POINT CROSS ACROSS THE INTERNATIONAL BOUNDARIES

 

TRANSSHIPMENT-INTERCHANGE  FROM ONE TO OTHER WHILE ON THE MOVE.

Shefeeq Abdulla
by Shefeeq Abdulla , Business Development Manager , Fluidmaster Inc

Transit is a cargo that is moved from an origin point across international borders to another country over land whereas a Transhipment is the act of off-loading a container from one ship (generally at a hub port) and loading it onto another ship to be further carried to the final port of discharge.

Dominador II Baccay
by Dominador II Baccay , Logistics Head , C & D Marketing

Transit of goods term used when delivery is by land..transshipment term used when delivery is by sea.

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