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Beneficial cargo owner (BCO)

A cargo owner that works directly with freight transport providers and takes possession of its own imported goods at point of destination, as opposed to using a third-party service provider to handle transport negotiations and import logistics. Typically, BCOs are companies importing at a scale that enables them to unlock volume discounts from transport providers without the services of a cargo consolidator at the point of origin. They are usually large enough to have departments dedicated specifically to identifying the most favorable shipping terms and importing schemes, with notable examples including Walmart and Target.