Glossary

Overage

Tags: Glossary

A situation where the quantity of goods received or shipped is greater than the quantity that was ordered or specified.

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Al Sharqi Shipping is a leader in the logistics industry with more than 30 years of experience in guiding and moving freight across the globe.

What is Overage?

Overage refers to the situation in which a shipment contains more goods than were ordered. This can occur for a variety of reasons, such as a mistake in the order, a miscommunication between the buyer and seller, or a supplier sending extra goods to make up for previous errors. When a shipment contains overage, the buyer may choose to accept the additional goods or return them to the seller. If the buyer accepts the overage, they will be required to pay for the additional goods at the agreed upon price. If the buyer returns the overage, the seller will be responsible for the cost of returning the goods. 

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