RECONSIGNMENT Meaning and
Definition
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Reconsignment refers to the process of redirecting or reshipping goods or cargo that were originally intended for one destination to another location. It involves changing the intended route or final destination of the shipment, often at the request of the shipper, consignee, or other parties involved in the shipping process.
When a reconsignment occurs, the shipment is typically already in transit or has reached a transit point, such as a port, warehouse, or transportation hub. The decision to reconsign the goods may be influenced by various factors, such as changes in the market demand, revised business plans, or unforeseen circumstances at the original destination.
In practice, reconsignment involves notifying the carrier or transportation company handling the shipment about the change and providing them with the updated destination details. This requires documentation and coordination between the shipper, consignee, and carrier to ensure a smooth transition. The carrier may need to modify the shipping instructions, update routing information, and adjust the delivery schedule accordingly.
Reconsignment can incur additional costs, such as transportation fees, storage charges, or administrative expenses, which are usually borne by the party requesting the change. These costs are determined by various factors, including the distance between the original and new destinations, the type of transportation used, the weight or volume of the goods, and any applicable fees or surcharges from the carrier or transportation provider.
Overall, reconsignment allows businesses and shippers to adapt to changing circumstances and optimize the efficiency of their logistics operations by redirecting goods to more profitable or suitable destinations.
Common Misspellings for RECONSIGNMENT
- eeconsignment
- deconsignment
- feconsignment
- teconsignment
- 5econsignment
- 4econsignment
- rwconsignment
- rsconsignment
- rdconsignment
- rrconsignment
- r4consignment
- r3consignment
- rexonsignment
- revonsignment
- refonsignment
- redonsignment
- recinsignment
- recknsignment
- reclnsignment
- recpnsignment
Etymology of RECONSIGNMENT
The word "reconsignment" is formed by combining the prefix "re-" which indicates repetition or backward motion, and the noun "consignment".
"Consignment" comes from the Old French word "consigner", which originally meant "to affix a seal" or "to hand over". It further developed to mean "to entrust" or "to deliver for safekeeping". The Old French word is derived from the Latin word "consignare", which means "to seal" or "to sign".
Therefore, "reconsignment" can be understood as the act of sending or delivering something again or handing it over for safekeeping once more.
