There are contracts that specify physical delivery, but they also specify the warehouse or storage facility the commodity will be delivered to. The buyer can either collect the commodity or pay the storage facility to hold it for them. It's not likely it would be delivered to someone's house unexpectedly, because someone would need to pay for the additional cost of transportation.
That's fake. Delivery doesn't work that way. The contract will specify one or a few acceptable delivery locations, always some industrial shipping depot or something.
Having worked in the finance industry my entire career, most (responsible) firms have means for dealing with taking physical delivery. Less responsible firms, not so much and may be royally screwed if they have to take delivery. I've heard anecdotally of a firm that had to take physical delivery of a shipment of coal. They didn't have plans in place, but because they had an address on a river, the coal arrived via barge. No, I don't recall the name of the firm, and yes, it's just an anecdote/hearsay.
Wait you have to be home for every delivery? How would someone with an on-site day job receive packages?
In the US all carriers drop packages at door (or in the building's locker if you live in an apartment complex). Some packages need to be signed (alcohol, nicotine, gun ammo, etc) but the vast majority of deliveries involve zero human interaction
I assume they would have build in stipulations regarding how long you attempt the delivery, under what conditions, and at which point you simply drop it off at the post office or the persons house. Maybe they don't, but I would hope they've considered it.
I'm not sure I get this one. Why would you not want something delivered to your house? Isn't that what the post office does if you aren't there to accept the package?
Or a combination of Amazon and the logistics companies. Mind you it's very safe to drop things at my house. (Rural home with a long driveway.) But I've noticed a trend toward a signature requirement becoming very rare whether it's Amazon or others.
So it gets delivered. And it is cash-only. How does that work? COD? I assume someone must be there to accept the delivery anyway (as apposed to just leaving it at the door). So I guess you just pay the person delivering it?
I'm in the greater Seattle area. Anything getting delivered to my house gets immediately transferred to the garage (without direct skin contact), where it's sitting for about a week before I open it.
> Physical parcels are nearly always delivered nowadays by a system where a driver will turn up on a working weekday, at an entirely undefined hour or in a very wide time window, and expect a signature or at least a human to accept the parcel, immediately, or they take the parcel and go away again.
Really? Most delivery services either default to no-signature-required or provide an option; requiring a human or signature seems to be the exception not the norm.
reply