Notify Party

Notify Party

Notify Party in International Trade

Meaning of Notify Party, according to the Dictionary of International Trade (Global Negotiator): The party to which a carrier should send notice of a shipment's arrival. This information is normally shown on the transport document or its electronic equivalent. As some carriers are notoriously negligent in advising arrivals, the party contracting transportation with the carrier should keep the party awaiting arrival informed as the shipment's progresses. This can be done via Internet and sending copies of all relevant documents including the transport document. Otherwise, demurrage charges can quickly accrue for shipments unclaimed because the carrier failed to inform the notify party.


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