Landed Cost
What is landed cost? How is landed cost calculated?
Landed cost is simply all the costs of a shipment from its origin to its final arrival point which generally includes the purchase price, freight, custom duties and tariffs, and insurance.
Business texts often quote landed cost as the “total cost of a landed shipment,” where landed shipment refers to a shipment that has reached its port of destination, though when referring to goods rather than ships port of destination is the intended final arrival point and not necessarily an actual port in the traditional nautical sense.