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Neutral Body

shipping container at sea
Definition

A Neutral Body, also known as a neutral third party or independent body, refers to an entity that does not have any direct interest or affiliation with the parties involved in a transaction or dispute. In the context of the supply chain, a neutral body can be an independent organization, institution, or mediator that facilitates fair and unbiased resolution of conflicts, disputes, or negotiations between various stakeholders.

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Neutral Body

Definition

A Neutral Body, also known as a neutral third party or independent body, refers to an entity that does not have any direct interest or affiliation with the parties involved in a transaction or dispute. In the context of the supply chain, a neutral body can be an independent organization, institution, or mediator that facilitates fair and unbiased resolution of conflicts, disputes, or negotiations between various stakeholders.

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Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

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Shipping container at seaShipping container at sea