When buying organizations negotiate business terms and conditions with their suppliers, one of the areas discussed is the coordination, ownership and payment of freight. There are varying types of freight terms such as Collect, Prepaid, Prepaid and Chargeback or Collect and Allowed. The Collect part of the Freight terms indicates that the buyer is responsible for the coordination and payment of the shipping charges for the merchandise. Prepaid indicates that the seller is responsible. Read more...