Summit Freight Services

While we wait for the winds to yield (during this CHOGM weekend in Malta), here's a little joke for you:

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* * Radio Messaging / North Atlantic * *

Canadians: "Please change your course 15 degrees south to avoid collision..."

US Navy: "Negative, please change 'your' course 15 degrees north to avoid collision."

Canadians: "Negative, please change your course as requested."

US Navy: "Negative. This is the 'USS Abraham Lincoln', the biggest aircraft carrier in the Atlantic Fleet, escorted by five destroyers and eight frigates. Please change YOUR course!"

Canadians: "This is a lighthouse! Your call..."

uhm . . .

Ex Factory - Franco Fabbrica - Ex Works

This is the most basic term of the lot. The seller places the goods at the disposal of the buyer at a 'named place' of supply, BUT otherwise has no further obligations. The buyer is obliged to organize loading, transport and even clearance (if required).

This term is often misused, where FCA (Seller's Premises) would be a better term to use from the buyer's proint of view.