Check out our Industrial terms glossary
Express Courier
Large transport company, usually operating on a continental or global level, whose typical service is the “door to door” transportation of parcels and small packages. The recent evolution of the activities of these companies has extended their operations in increasingly important sectors of the postal services and integrated logistics services, where it is essential to have information on the position of goods, sometimes in real time, especially for JIT management. This activity is normally carried out by integrating local services, carried out by road, with international and intercontinental services, which use their own fleet of aircraft.
EXW (Ex Works)
This term refers to a clause whereby the seller undertakes to make the goods available on the ground at one of their pre-determined or agreed manufacturing units or warehouses and the buyer assumes all costs and transport risks. Unless otherwise agreed and included in the contract with an explicit agreement between the parties, the seller is not required either to clear the goods for export or to load them on the means of transport provided by the buyer. The buyer must therefore bear all the costs and risks of bringing the goods from the seller’s premises to the desired destination.
