Unlocking International Shipping Terminology: The Meanings of CY/FO, CY/CY, and CY/LO
This article explains common terms in international shipping, specifically CY/FO, CY/CY, and CY/LO. By clarifying these terms, exporters and importers can better understand the allocation of costs, allowing for more effective management of expenses and risks. Mastering these terms will enhance trading efficiency and financial management capabilities.