Third party freight charges, also known as "Third Party Bill" (TPB), are charges that are paid by a party other than the sender or the consignee. This means that a third party, such as a freight forwarder, a customs broker, or another company, pays for the transportation and other charges associated with the delivery or shipment of the goods. This type of payment is often used when the sender or consignee does not want to handle the freight charges themselves or does not have the necessary credit or funds to pay the charges upfront. This type of payment is often used in business-to-business transactions, where the company that orders the goods wants to pay the freight charges on behalf of the customer and bill them separately. It's essential to review and understand the agreement before entering into any trade and to discuss the terms with the carrier.