Question

Difference between shipment and consignment

Answer 1

Shipment

Freight transport is the physical process of transporting commodities and merchandise goods and cargo.

Consignment

Consignment is the act of consigning, which is placing any material in the hand of another, but retaining ownership until the goods are sold or person is transferred.

Answer 2

Difference Between Shipment And Consignment

• Shipment is a process comprising a load of goods that is transported by any procedure (not just by ship). Whereas, a consignment is an act of a collection of goods that are supposed to be sent, in transit or has been.
• Shipment is the act of transporting goods whereas, consignment is the act of consigning
• Shipment is the act or procedure of shipping; as he was committed to the shipment of coal for London; an effective shipment of wheat from the West. Consignment is the act of consigning or consignation which is the act of giving over to another individual or agent’s charge, supervision or looking after any material or goods but maintaining legal possession until the material or goods are sold.

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