A shipment refers to the process of transporting goods from one location to another. This can involve various modes of transport, such as trucks, ships, or airplanes. Shipments are essential for businesses to deliver products to customers or to move materials between suppliers and manufacturers. The shipment process includes several steps, such as packaging, labeling, and tracking. Companies often use shipping services provided by carriers like FedEx or UPS to ensure timely delivery. Proper documentation, including invoices and customs forms, is also crucial for international shipments to comply with regulations.